DataOceans, LLC and Presidium Solutions Announce Contract Agreement with Top 15 US Bank

ATLANTA, GA – September 13, 2013

On September 13, 2013, DataOceans, LLC and Presidium Solutions signed a contract with a Top 15 US bank for its co-developed commercial and residential real estate management software application.  The product, Presidium Solutions, provides a focused approach for financial institutions looking to enhance or upgrade internal controls for monitoring and managing the processes and risks associated with residential and commercial construction projects, from pre-loan approval through final funds disbursement.

Presidium Solutions, built by DataOceans, LLC is offered as a SaaS solution and is designed to be highly configurable for rapid and low cost customization and deployment for both small and large enterprise banks.

Larry Buckley, CEO of DataOceans stated, “By joining with Presidium Solutions, DataOceans is able to integrate our flexible platform, with their 25 years of industry expertise and thought leadership, to bring a powerful solution to the market.”

Bob Scales, CEO of Presidium Solutions states “Through its proven track in protecting financial institutions during the recent Great Recession, Presidium has surfaced as the industry’s only comprehensive solution for managing construction loan risks.  Upon implementation, institutions are realizing a 40% increase in loan administration efficiency.”

About DataOceans

DataOceans offers customer communications management solutions that help companies across multiple industries improve existing customer communications, including billing and invoicing for print, portal, tablet and phone deliveries.  These newly transformed customer communications can be implemented in 90 days without significant involvement of client IT resources and offer interactive experiences, personalization, highly-targeted ads with a focus on increasing revenue and decreasing costs.

About Presidium Solutions

Presidium Solutions offers products and services to the development, real estate, and banking industries. The founders of Presidium Solutions have been in the construction, development, owner’s representation and inspection management industries for over 25 years.  They have worked with banks, developers, contractors, subcontractors and inspectors in nearly all of the 48 contiguous United States and Canada.  Their knowledge of development obstacles, construction challenges and draw management issues was the driving force in the development of Presidium Solutions® and its utilization of the CIMS (Construction Inspection Management Software) application.

Visit www.DataOceans.com and www.presidiumsolutions.com for more information about the companies and their products.