TECTONIC NETWORK, INC.

TECTONIC NETWORK, INC.

Previous company name
RETURN ON INVESTMENT CORPORATION
Name change date
3/10/2005
Company Overview
Tectonic Network Inc., formerly known as Return On Investment Corporation until March of 2005, is a publicly quoted company which is engaged in the provision of online marketing and sales tools for the construction industry. The company was incorporated in the the year 1990 and has its registered office address in Kennesaw, Georgia.
Tectonic Network provides four products which connect buyers and sellers of building products and construction services: The company’s products are: Tectonic Directory – a reach system which involves a combination of print and online publications, desk reference materials, and quarterly industry trend resource information; Tectonic Studio – provides an online resource library for commercial interior finishes; Tectonic Solutions – offers custom software solutions that enable building product manufacturers and distributors to improve the way they organize, display, and distribute their product information; and Tectonic Models – provides building information modeling, virtual product modeling, and data/standards development to the construction marketplace. One of the company’s subsidiary, Net400, provide payment processing software for check, credit, and debit card transactions.
In October of 2005, Tectonic Network filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the Northern District of Georgia in order to facilitate its financial and operational restructuring.
Business Summary
Tectonic Network Inc., formerly Return On Investment Corp doing business as ROI Corporation, markets payment processing software for a variety of computer systems. ROI’s operations are conducted through two subsidiaries, Tectonic Solutions, Inc., which develops and markets building product information solutions for the construction industry, and GO Software, Inc., which develops and markets software and services for credit card, debit card and check transactions processing. On October 3, 2005, the Company and Tectonic Solutions, Inc. filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court, for the Northern District of Georgia in order to facilitate their financial and operational restructuring.
Description and history
Tectonic Network Inc., formerly Return On Investment Corp, incorporated in 1990 and doing business as ROI Corporation, markets payment processing software for a variety of computer systems. ROI’s operations are conducted through two subsidiaries, Tectonic Solutions, Inc., which develops and markets building product information solutions for the construction industry, including printed directories, a searchable online building product information database, an online studio for the search, visualization and selection of carpet, paint and other textiles and customized Web-based solutions for organizing building product manufacturer databases for easier search and selection, and GO Software, Inc., which develops and markets software and services for credit card, debit card and check transactions processing with offerings, including payment processing software for virtually any computing platform, including Windows, Unix and Linux. On October 3, 2005, the Company and Tectonic Solutions, Inc. filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court, for the Northern District of Georgia in order to facilitate their financial and operational restructuring.

Tectonic Network

Tectonic Network provides marketing and sales solutions that facilitate the way building product information is organized, displayed, and distributed by building product manufacturers and distributors.Tectonic enhanced its product line through the acquisition and integration of three companies in the building product information business, including BBN Acquisition, Inc. (BBN), Construction Yellow Pages LLC (CYP) and SpecSource.com, Inc.

BBN, Tectonic Studio, offers online resources for design professionals in the commercial interiors industry. Through its patented technology, Tectonic Studio provides pr oduct information and color-accurate imagery for more than 50 brands of commercial interior finishes, allowing comparisons of finishes by attribute, such as style, thickness, color or specific patterns. Tectonic Studio generates revenue through advertising and subscriptions.

CYP, Tectonic Print Directories, is a publisher of comprehensive regional yellow pages print directories for the commercial construction industry. These directories include specialization for local markets. Tectonic Print Directory also serves as the print manifestation to the electronic database of SpecSource.com, and through a print medium, provides access to the large portions of the commercial construction marketplace that are not yet online. Tectonic Print Directories generates revenue through advertising.

SpecSource.com, Tectonic Online Directory, is an online directory of commercial construction product manufacturers and their local supply chain of product representatives and distributors. Tectonic Online Directory provides design professionals with information about building product manufacturers, including local contact information. Tectonic Online Directory’s online offering also profiles thousands of architects, engineers and contractors who are active in the commercial construction market. The online search capabilities of Tectonic Online Directory allows contractors and other buyers of construction products to find resources in their location where they can buy a desired product as most manufacturers do not sell directly to contractors but sell through local distributors and independent sales representatives. Tectonic Online Directory generates revenue through advertising.

GO Products

The Company’s subsidiary, GO Software, develops and markets software and provides software support. GO’s primary products are packaged software used by merchants for payment processing, including PCCharge, JavaCard and RiTA. PCCharge provides payment processing for Windows-based applications. GO JavaCard on IBM mid-range computer systems. RiTA is designed to work on virtually any computer hardware or software platform, including Windows, Unix, Linux, OS/390, OS/400 and Sun Solaris. In addition, the Company recently acquired an Internet- based payment gateway that will extend the Company’s offering from a software only platform to an Internet-based application service provider. GO charges license fees for the use of these software products. Additionally, GO offers annual support and update services typically priced at a percentage of the license fee.

GO’s payment processing software products support virtually all electronic payments including credit/debit cards, checks, check conversions, ACH (automated clearing house) transactions, electronic benefit transfers (EBT) and stored value, gift and loyalty cards. The products can support all levels of transaction volume and operate in any merchant environment, including retail point-of-sale, phone/mail order and Internet e-commerce. They also offer fast authorization time, security, encryption and advanced fraud protection and cardholder authentication, which can result in lower transaction fees for the merchant. GO’s payment processing software can be interfaced with any application software via standard programming languages. With this software, the merchant can use any major bank or financial network to authorize and settle payment transactions.

The Company’s competitors include IC Verify, Atomic Software, IBM, Southern DataComm, Computer Keyes and Evergreen.

Technical Support and Consulting services

Tectonic provides technical support through a help desk accessible during business hours supporting manufacturers’ data contained within Tectonic’s products, providing, for example, help with adding or deleting data from a database hosted by Tectonic. Due to the nature of the product lines round the clock support is not required.

GO offers customers varying levels of technical support services around the clock, including periodic software updates and access to telephone support and support-related information via the Internet. GO also offers training and consulting services. Through its active alliance partner program, the Company recruits consulting, application software and system integration firms to market and implement its software solutions.

Formerly known as Return On Investment Corporation

Business Line
Provides online marketing and sales tools for the construction industry
Subsidiary

Advisor
BDO SEIDMAN
IPO date
8/1991
US SIC Code
7372
Company Address
Suite 260
1825, Barrett Lakes Boulevard
City province or state postal code
30144, KENNESAW, GA
Phone: +1 770 517 4750
Fax: +1 770 517 4760
Country address: UNITED STATES OF AMERICA
Website url: www.roicorporation.com