T.B. Penick & Sons Selects CMiC

TORONTO- January 19th, 2010- CMiC, the leader in creating the most advanced and techologically open-enterprise wide software solutions for the construction industry, is excited to announce that T.B. Patrick & Sons, an award-winning, construction kand general/specialty contracting company has decided to use CmiC Open Enterprise v10 to integrate real-time information with a single data entry point and a paperless workflow environment.

“CMiC has fully integrated solution with a robust database to support our growing need for information now and into the future,” said John Boyd, CFO of T.B. Penick & Sons. “CMiC understands our industry and they were able to provide feasible explanations and cost-effective solutions. CMiC supports our growth through its integrated paperless solution that allows flexibility in configuration to address the issues that Penick as faced in the past.”

Based in San Diego, last year T.B. Penick & Sons achieved the highest earned revenue, greatest profit, strongest backlog and largest number of new contracs inits century old history. With three divisions: General Contracts, Structural Concrete and Innovative Concrete Surfaces, T.B. Penick & Sons found thatits current software systems coldn’t keep up with the company’s requirements. Penick has grown into a national contractor with diverse marketing and operations objectives,” said Boyd. “The handling and integrating of data from multi-state, multi-union sources became increasingly problematic with our software system.”

After an extensive search of available construction software solutions, T.B. Penick & Sons ultimately selected CMiC, as it was preferred by both Accounting and Project Management personnel. “We are reducing redundant record-keeping, and look forward to providing timelier, more reliable data to decision makers at all levels of the company.”

“CMiC is very pleased to have T.B. Penick & Sons join the growing list of companies that have recognized the value of turning data into real time information,” said Bassem Hamdy, vice president, Solutions, CMiC. “CMiC OPen Enterprise v10 is the most advanced construction software solution ever created and by integrating financials, project controls and project management into one database, T.B. Penick & Cons will be able to proactively analyze what happens on their projects. T.B. Penick & Sons is an award winning contractor that has had impressive growth in the last few years, and we look forward to see what new heights the company can achieve with CMiC construction software.