Knowledge Haus has teamed with Neubloc, a US-based global software product development services and consultancy provider, to help launch their StoryDeck application by mid-year 2009. The partnership makes it possible for Knowledge Haus to bring their product to market faster, which translates to increased revenue and market share opportunities. Neubloc's "follow the sun" 24/7 schedule strategy provides expert software product developer teams located around the globe to shorten development cycles and reduce costs for Knowledge Haus.
The StoryDeck application from Knowledge Haus, an online community startup based in California, enables users to create, edit, and publish collaborative videos categorically over the web. Teaming with Neubloc creates a relationship with shared interests along with essential capital and expert development resources to get an innovative, quality product to market.
Neubloc is the only software developer solutions provider that is offering a unique equity option program aimed to provide early-stage companies access to low-cost capital and software development resources. The investment program lowers cash burn by 50 to 70%, alleviating economic pressures and providing a foundation for sustainability and growth.
Neubloc's Equity Option Program provides access to financing for angel and early-stage enterprise, while also retaining Neubloc's expertise in software design and product development. By offering critical onshore and offshore software development services for cash and equity payments, Neubloc is a vendor of choice for business owners because of the dual benefits of significantly reducing costs and lowering requirements for immediate cash expenditures.
"StoryDeck has a lot of moving parts and the development of the site required a clear user design and strict project management of the development effort and the fact that Neubloc is an equity partner going forward gives me complete faith in the deal," says Rebecca Bohms, Managing Director of Knowledge Haus. "Neubloc came highly recommended as the best partner for providing complete back office new product development, capable of handling the complexity of the project and to deliver it on time and on budget and they have delivered every step of the way."
"It's a win-win for both Knowledge Haus and Neubloc. Economically, now is to the best time to invest in early and growth stage companies and our program provides an extension of expert software development services tethered to critical capital resources necessary for start-ups and entrepreneurs to succeed," said Armando Viteri, president and CEO for Neubloc.
Source: http://pr-usa.net/index.php?option=com_content&task=view&id=207962&Itemid=33
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