ALLENTOWN, PA, United States, via eTeligis Inc., 07/01/2014 - - Brainybrawn, Inc. (OTC Pink: BRNW) (PINKSHEETS: BRNW) announced the release of SANVI Retail 1.1, its off-the-shelf Information Management Solution for Single Retail Stores (SANVI Retail 1.1). The application was under development for over a year and designed considering the opportunity presented by the large number of small to medium sized single store retail operations within India's rapidly expanding retail sector catering to its 1.2 billion people. SANVI Retail 1.1 application is intuitive, easy to self-install and immediately useable.
SANVI Retail's comprehensive design integrates billing, purchase, inventory control, accounts receivable into a functional management system for a retail store.
In January 2014, the Business Line segment of The Hindu cited the Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to reach $865 billion by 2023. The Company believes that the expected overall growth in the retail sector in India creates an exciting opportunity for its Retail Line of products.
About Brainybrawn, Inc.
Brainybrawn, Inc., through its subsidiary, Sanvi Infotech Pvt. Ltd (India), develops customized web and windows applications and comprehensive solutions across a diversified range of industry segment and also assists media and marketing companies, retailers, and education, healthcare and hospitality providers, in India and elsewhere, by developing products and services to help support, and market their practices and businesses with innovative technology and business solutions such as office and business automation, ERP and comprehensive information management software.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Contact:
Brainybrawn, Inc.
investorrelations@brainybrawn.com
SOURCE: Brainybrawn, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
BRNW_7-1-2014_LST_ETL.docx
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