OpenTech Acquiring SMS Solution TXTCollector
PHOENIX, Arizona – July 17th, 2014 – OpenTech Alliance, Inc. today announced that they have entered into an agreement to acquire TXTCollector, from Hub Media Marketing, the makers of Text Messaging software that automates the collections of past due balances in the self-storage marketplace. Terms of the deal, which is the company’s 2nd acquisition in 2014, were undisclosed. The transaction is expected to close by the end of Q3 in 2014.
Text Messaging (SMS) is at the forefront in technology when transmitting payment reminders, past due notices, and or auction alerts to tenants. With eight times the response rate of email, and a much less disruptive experience for the recipient than robo-calls, the collections service has proven to be one of the most reliable and productive methods of communication with tenants.
Robert Chiti, President and CEO at OpenTech said, “Our strategy is to grow our company thru internal development, acquisition and partnerships. TXTCollector has a rapidly growing user base because it does not require any manager intervention, it is easily customizable and in many ways performs better than a collections agency. We are excited to add it to our platform and integrate it with the rest of our services. We feel it will be a solid foundation from which to develop new SMS services outside of just collections for the self storage industry.”
About OpenTech Alliance, Inc: Celebrating a Decade of Service to Self-Storage, OpenTech provides solutions that connect storage owners with tenants. Through the development of a complete line of automated Kiosks and Call Center services, the INSOMNIAC brand has become synonymous with self-storage. The company offers a wide-range of self-storage rental solutions that increase revenues and improve customer convenience, while decreasing operating costs and workload. A place to find reliable, around-the-clock support is what OpenTech has come to be for thousands of self-storage owners world-wide. For additional information, please click OpenTechAlliance.com or call an OpenTech Business Development Manager at (602) 749-9370.
Mike Sawyer, Director of Marketing
OpenTech Alliance, Inc.
NOTE TO EDITORS: OpenTech Alliance, the OpenTech logo and INSOMNIAC are trademarks of OpenTech Alliance, Inc. Other company and product names may be trademarks of their respective owners. INSOMNIAC kiosks are protected by U.S. patent number 5,946,660.