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PR Newswire
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Textura Corporation Names Milton Walters President of Textura Australasia

-- Veteran Construction Technology Executive to Help Drive Expansion in Asia-Pacific Region.

CHICAGO, Feb. 4, 2015 /PRNewswire/ --Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced that it has named veteran construction technology leader Milton Walters to head its Australasia operations, Textura Australasia Pty Ltd., which offers the Textura-CPM' payment management solution to construction industry participants across Australia.

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As President of Textura Australasia, Walters will build on the operation's early successes in establishing Textura's market presence in Australia. He will drive both Textura Australasia's Asia-Pacific expansion and the rollout of additional Textura® collaboration solutions to that region.

"With Head Contractors in Australia on Textura-CPM, a strong sales pipeline and positive reactions from Subcontractors, it is clear that our collaboration solutions are bringing significant value to the Australasia construction market," said Patrick Allin, Chairman and CEO, Textura Corporation. "We are thrilled to have Milton lead our operations in Melbourne. His experience and proven track record in construction technology will help accelerate the growth of our business across the Asia-Pacific region."

"Given his stature in the construction technology space, Milton is a terrific choice to lead Textura Australasia as it broadens its solution offerings and expands geographically," said Mark Green, Chairman of Textura Australasia and Partner/Global Markets Leader for leading Australian law firm Minter Ellison. "His vision, expertise and relationships in the Asia-Pacific region will be tremendous assets to the organization as it continues to grow," Green said.

"In an increasingly competitive global market, the construction industry is always looking to increase efficiency and reduce risk, and Textura's collaboration-based approach is the best method for improving outcomes for all industry participants," Walters said. "Textura-CPM provides the visibility, cost-control and automation needed to become the industry standard payment management system in Australasia as it has in North America."

An Australian native, Walters has more than 25 years' experience leading SaaS-based software and professional services organizations internationally. Most recently, he was Managing Director of Project Collaboration, the distribution partner of the 4Projects construction collaboration software in the Asia-Pacific region. Prior to that, he was General Manager, Global Operations for QA Software, providing SaaS and LAN solutions for document/correspondence management to the construction, infrastructure and mining industries. He also served as Managing Director of Holden Consulting, specializing in assisting companies with their go-to-market strategies in the Asia-Pacific region.

About Textura Australasia Pty Ltd.

Textura Australasia is a subsidiary of Textura Corporation and brings the only robust industry solution for construction payment management to the Australasia market - Textura CPM.

The Textura-CPM solution is a collaborative, web-based solution that increases efficiency and reduces risk associated with the major activities of the construction payment management process, including progress claim submission and assessment, variation management, compliance and statutory declaration tracking, and funds disbursement. For more information, visit http://www.textura-australasia.com/.

About Textura Corporation

Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle - from takeoff, estimating, design and pre-qualification to bid management, field management, submittals, LEED® management and payment.

The Textura® collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com

Contacts:

Textura Australasia:
David Freeman
david.freeman@textura-australasia.com
0481 296 776

Textura Corporation:
Jillian Sheehan
Email: jillian.sheehan@texturacorp.com
847-235-8440

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© 2015 PR Newswire
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