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Renoworks Software Inc. Strengthens Board with the Appointment of Andrew Choi as a Director

MWN-AI** Summary

Renoworks Software Inc. (TSXV: RW) has announced the appointment of Andrew Choi to its Board of Directors, a move aimed at enhancing the company's strategic direction. Choi brings a wealth of experience as a technology investor and capital markets professional, with a focus on software and emerging technologies. His career includes significant tenure at Burgundy Asset Management, where he specialized in analyzing high-quality growth businesses and capital allocation strategies across global markets.

Renoworks, a leader in visualization and design technology for the building products sector, aims to leverage Choi's expertise to continue expanding its AI-powered product offerings, including LeadPOD and enhanced analytics solutions. As the company seeks to accelerate the adoption of its innovative technologies among manufacturers, contractors, distributors, and retailers, Choi’s background in evaluating scalable SaaS platforms and technology-driven enterprises will be invaluable.

Choi expressed enthusiasm about joining the board, highlighting the unique position of Renoworks at the convergence of AI, visualization, and the building products industry. He noted that the company is well poised to benefit from the ongoing digitization of home improvement workflows and expressed his commitment to driving long-term shareholder value.

CEO Doug Vickerson echoed this sentiment, emphasizing that Choi's combination of capital markets insight and technical understanding makes him an asset for executing the company's growth strategy, particularly in enhancing its recurring revenue model.

Renoworks' mission revolves around providing advanced digital visualization solutions to enable homeowners to make informed decisions about product selections in a virtual environment. This appointment is expected to strengthen the company's strategic thinking as it navigates its growth trajectory in the competitive tech landscape of the construction industry.

MWN-AI** Analysis

Renoworks Software Inc. (TSXV: RW) has strengthened its board with the strategic appointment of Andrew Choi, a technology investor with a robust background in software and service-oriented companies. This development is particularly promising for investors, as it signals a commitment to enhancing the company’s operational strategies and growth trajectory, especially in the burgeoning AI and digital transformation sectors of the building products industry.

Choi's extensive experience in evaluating scalable SaaS platforms and his nuanced understanding of AI-driven technologies position him as an asset to Renoworks. His track record at Burgundy Asset Management demonstrates a keen insight into the dynamics of growth-stage businesses, which is crucial as Renoworks seeks to ramp up the adoption of its innovative product suite, including LeadPOD and AI-enhanced analytics.

Investors should view this appointment as a positive indication of Renoworks’ commitment to capitalizing on the digitization trend in home improvement and construction workflows. Choi's expertise is likely to help the company refine its capital allocation strategies, forge strategic partnerships, and enhance its recurring revenue model, which is vital in sustaining long-term growth and improving shareholder value.

Furthermore, with the building products industry undergoing significant transformation, due to rising consumer demands for digital engagement solutions, Renoworks is positioned to benefit from this shift. The company’s focus on delivering hyper-realistic visualization technologies places it at the forefront of addressing key challenges in the remodeling and construction sectors.

For potential investors, Renoworks represents an intriguing opportunity. Its growing SaaS offerings, coupled with strategic leadership enhancements, provide a solid foundation for investors seeking exposure to technology-driven growth in a traditionally conservative industry. As always, prospective investors should conduct thorough due diligence and consider the inherent risks associated with emerging technologies in dynamic markets.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

CALGARY, AB, Feb. 23, 2026 /CNW/ - Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) ("Renoworks" or the "Company"), an industry leader in visualization, design, and lead-generation technology for the building products sector, announces the appointment of Andrew Choi to its Board of Directors, effective immediately. Mr. Choi is a seasoned technology investor and capital markets professional with deep expertise in software, emerging technologies, and growth-stage companies. He brings extensive experience in evaluating, investing in, and advising technology businesses across multiple sectors, with a particular focus on scalable SaaS platforms and data-driven enterprises.

Throughout his career, Mr. Choi has demonstrated a comprehensive understanding of today's rapidly evolving technology landscape. He previously worked at Burgundy Asset Management Ltd., a global investment management firm overseeing billions in assets for institutional and high-net-worth clients. At Burgundy, Mr. Choi focused on analyzing and evaluating high-quality growth businesses across global markets, developing deep expertise in capital allocation discipline, long-term value creation, and the assessment of scalable, technology-enabled platforms.

In addition to his experience as an investor, he is highly attuned to modern software architectures, AI-driven platforms, and the strategic levers required to build durable competitive advantages in technology-enabled businesses. His unique blend of institutional investment experience, financial acumen, and technical insight positions him well to support Renoworks as the Company continues to expand its AI-powered product suite, proprietary data assets, and recurring revenue model

Renoworks is currently focused on accelerating adoption of its LeadPOD, AI powered design, enhanced analytics and PRO solutions, while further scaling its enterprise platform across manufacturers, distributors, contractors, and retailers. Mr. Choi's background in technology investing and software strategy will strengthen the Company's ability to evaluate capital allocation opportunities, strategic partnerships, and long-term platform development.

Mr. Choi commented, "Renoworks has built a differentiated technology platform at the intersection of AI, visualization, and the building products industry. The Company is well positioned to capitalize on the increasing digitization of home improvement and construction workflows. I am excited to join the Board and support management in scaling the platform, deepening enterprise relationships, and driving long-term shareholder value."

"Andrew brings a rare combination of capital markets experience and deep knowledge of the technology and software ecosystem," said Doug Vickerson, CEO of Renoworks. "As we continue to position Renoworks as a data-driven, AI-powered platform for the building products industry, his perspective as both an investor and a technology-focused strategist will be invaluable. On behalf of the Company, I want to welcome Andrew, and we look forward to his contributions as we execute on our growth strategy and expand our recurring revenue base."

About Renoworks

Renoworks Software Inc. develops and sells unique digital visualization software and integration solutions for the remodeling and new home construction industry. Renoworks delivers its technology to manufacturers, contractors, builders, and retailers, offering solutions to one of the home improvement industry's greatest challenges: enabling homeowners to review product selections in a hyper-realistic, virtual environment before committing to purchases and construction. Renoworks markets its technologies as an innovative engagement, sales, and marketing platform and generates revenues from five main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack, and Renoworks API.

For more information, visit www.renoworks.com and www.renoworkspro.com.

Forward Looking Information

Certain statements in this news release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the Company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE RenoWorks Software Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/23/c4689.html

FAQ**

How do you foresee Andrew Choi's expertise in capital allocation and software strategy impacting Renoworks Software Inc. ROWKF's future growth and technological advancements in the building products sector?

Andrew Choi's expertise in capital allocation and software strategy is likely to enhance Renoworks Software Inc.'s ability to innovate and efficiently deploy resources, driving future growth and technological advancements in the building products sector.

Given Mr. Choi's background in analyzing scalable SaaS platforms, what specific strategies might he implement to enhance Renoworks Software Inc. ROWKF's recurring revenue model and product suite?

Mr. Choi could implement strategies such as optimizing pricing tiers for greater customer segmentation, enhancing upsell opportunities within the product suite, leveraging data analytics for personalized customer experiences, and expanding partnerships to drive customer acquisition and retention.

How does Renoworks Software Inc. ROWKF plan to leverage AI and visualization technologies to capitalize on the increasing digitization of home improvement workflows under Andrew Choi's guidance?

Under Andrew Choi's guidance, Renoworks Software Inc. plans to leverage AI and visualization technologies to streamline and enhance home improvement workflows, offering innovative digital tools that simplify the design process and improve customer engagement in a growing digital market.

What are the projected outcomes for Renoworks Software Inc. ROWKF in terms of strategic partnerships and market expansion as a result of Andrew Choi joining the Board of Directors?

Andrew Choi's addition to the Board of Directors is expected to enhance Renoworks Software Inc.'s strategic partnerships and facilitate market expansion by leveraging his industry expertise and network to drive innovation and growth opportunities.

**MWN-AI FAQ is based on asking OpenAI questions about Renoworks Software Inc. (TSXVC: RW:CC).

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