Dexter + Chaney Executes Significant Growth Initiatives

SEATTLE (August 18, 2015) - Dexter + Chaney accelerated its growth initiatives in the first half of 2015 following a significant equity investment in the company by Pamlico Capital, which was announced in January. The strategic measures have included new product functionality, new technology partnerships and the launch of a new company website. New Spectrum functionality, including Spectrum Workflow and Job Compliance Tracking have been released to rave reviews, and multi-currency functionality will be added in the next software release later this year. Spectrum Workflow allows users to define and enforce specific rules and tasks within Spectrum, creating automated, simple, streamlined processes for their organization. Workflow is fully-integrated into Spectrum and allows users to see all the steps currently assigned to them. They can quickly approve, reject, or mark each step that has been completed. The full history of each transaction processed through Workflow is always available. Dexter + Chaney has a history of partnering with other technology providers such as ADP, Textura and Comdata to make Spectrum even more powerful and savvy for its clients. Recent technology partnerships include: • Axia Payments—Permits Spectrum customers to collect payments via credit card and reflect those payments in Spectrum. • FieldConnect—Complements Spectrum to deliver a fully integrated field service solution to larger and more sophisticated clients in the field service industry. • RenovoFYI—Enables clients the ability to create sophisticated financial reports reflecting real-time information within Spectrum. • Nelco—Enables W-2 electronic filing in all 50 states as well as optionally printing and mailing those W-2s directly from Spectrum. Strategic business partnerships have also been a focus for Dexter + Chaney’s growth objectives. Already having a solid lineup of business partners and resellers in different regional areas throughout the United States and Canada, Dexter + Chaney has established partnership relationships with Coast Software and OnPoint Software Consulting. Coast Software represents Dexter + Chaney and Spectrum in the Louisiana, Mississippi, Alabama and northern Florida markets. OnPoint represents Dexter + Chaney in the Missouri, Oklahoma and Arkansas markets, and recently just added longtime construction industry technology consultant Tom Cofer, who will expand OnPoint’s reach into the Louisiana and northern Texas markets. Additional business partner agreements are expected to be executed within the next several months. Dexter + Chaney also recently launched its new, significantly upgraded website. The new site focuses on a user experience more closely mirroring the leading-edge technology Dexter + Chaney has been producing. The site is loaded with new features and resources for both Spectrum and the construction industry as a whole. For more information, visit Dexter + Chaney.