Laval, Quebec - 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing software, announced the recent signing of an agreement with Favo Moveis, a leading Brazilian furniture manufacturer. The contract involves the sale of 20-20 Enterprise inSight solution – an end-to-end manufacturing software solution for the furniture industry.

Established in 1938, FAVO holds a prominent place in the Brazilian marketplace as a custom furniture manufacturer. With over 100 employees based in Rio de Janeiro the company also owns 3 large retail stores in São Paulo, Belém and Rio de Janeiro. With this project, FAVO will greatly optimize its plant manufacturing production processes helping the company become more agile and responsive to change.

20-20 Technologies provides a unique end-to-end suite of software that integrates all functions of the interior design process – from design to manufacture – resulting in easier customization, less duplication of effort and more productivity. This contract follows agreements earlier in the year to supply end-to-end manufacturing software solutions in Europe, Asian and North America. It highlights 20-20 Technologies’ commitment to be a preferred provider of end-to-end solutions in the global furniture marketplace.

“We’re pleased to continue our longstanding and successful service relationship with

FAVO,” said Gustavo Frederiksen, General Manager of 20-20 Operations in Brazil.

“We are helping FAVO achieve its goals by migrating the company to Enterprise inSight to provide the business agility they need to grow. Not only does our software offer end-to-end solution specific to the industry, but our team has deep knowledge of the furniture industry. It’s a win-win situation for both 20-20 and FAVO,” said Gustavo.

According to Mauricio Herszenhaut, Director at FAVO, “Our current production process is complex and relies upon numerous systems and software solutions that are not integrated, resulting in many redundant manual operations that are costing the company time and money. With the adoption of inSight solutions, we will provide our people with an integrated, efficient & seamless capability to design and deliver furniture.”

About 20-20 Technologies Inc.

20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software tailored for the interior design and furniture industries. Dealers and retailers use our desktop and web-based solutions for the home and office markets. 20-20 offers a unique end-to-end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point-of-sale to manufacturing, including computer-aided engineering and plant floor automation software. 20-20 currently operates in 11 countries with more than 500 employees and an extensive network of partners worldwide. For more information, visit www.2020technologies.com

About FAVO MOVEIS

Quality and sophistication with distinctive design, FAVO, a company with over 30 years in the market, is positioned as one of the more complete high end custom furniture manufacturer in Brazil. FAVO has developed an impeccable infrastructure to manufacture their lines of cabinetry, kitchens and bathrooms. Environmentally sustainable, FAVO uses wood from reforestation and environmentally friendly raw materials. FAVO has been a 2020 customer for 20 years using our design solution in all their stores. FAVO employs 100 people and is located in Rio de Janeiro.