The Break Room  »   MyOnlineToolbox secures Florida Angel, hope for Atlanta investor

Hi everyone,
I am excited to share that I found my first local Southeast investor (after finding a handful from out of the region and out of the country). It was suprising that after many years that it took national exposure to find people in my backyard, which goes to show that you never know where your next investor may surface from. So, Atlanta, after all my years of trying to find another supporter in my backyard (and hopefully one day my front yard) ... enjoy the following and I welcome a call.
Brian

MyOnlineToolbox ? celebrates Thanksgiving with Investment Feast

November 23, 2009 Pompano Beach, Florida: ServusXchange, LLC, with its flagship product MyOnlineToolbox was in October ranked No. 17 on the Forbes inaugural ranking of America?s Most Promising Companies. ServusXchange is proud to announce that it was the first of the Top 20 Companies to secure an investment from the Forbes award.

Brian Javeline, President and Co-Founder of ServusXchange, LLC, said, ?This investment is a direct result of the exposure we obtained from Forbes. We are excited to have been able to quickly capitalize on the Forbes acknowledgement. Our product, MyOnlineToolbox, is an evolving collaboration platform for contractors, subcontractors, suppliers and homeowners focusing on repair and remodeling in the residential markets. We are happy to announce that Bill DuPriest will join our visionary group as our sixth outside investor and advisor.?

Bill?s background includes a broad diversity of management positions with revenue responsibilities ranging up to about $20 million. Following that, Bill was a partner who started a systems business that grew to approximately $10 million annually.

Javeline further commented, ?Our Business-to-Business portion of our model allowed us to organically grow from less than a hundred tech savvy contractors at the end of 2008 to over 700 as of now. While we still seek additional investors, this investment will allow us to strengthen the Business-to-Consumer segment of our model, providing suppliers the most effective methods to be in front of contractors, subcontractors and homeowners during the decision-making process. Most competitors still provide a software product, while we are a platform that has a software solution inside it. The competitive differentiating lines in the sand will now be dug deeper.?

MyOnlineToolbox provides the most innovative methods for handling requests, scheduling, estimating, managing jobs and invoicing. MyOnlineToolbox provides innovative ways to connect to other contractors, homeowners and suppliers ? all this just by having access to the Internet. We look forward to many thousands of contractors joining us, making the community and platform solution even more promising.

The full Forbes story can be found by visiting www.MyOnlineToolbox.com