AMG Corp's Strategic Investment to Power Qwinix Technologies' Growth Plan

Financing will be used to grow Qwinix’s global sales, marketing and product portfolio.
For Immediate Release:

Denver, CO - Qwinix Technologies Inc., today announced its latest round of funding to further accelerate the company’s already inspiring growth and customer triumph. The investment is made by AMG National Corp., the financial services holding company that wholly owns AMG National Trust Bank, headquartered in Greenwood Village, Colorado.

Qwinix Technologies is a young and fast emerging software company that provides robust, cost effective and customized software solutions to diverse clients ranging from fortune 500 companies to start ups. It has offices in Denver, Mysore, Costa Rica and Dubai. The strategic tie-up is an affirmation of the promising potential Qwinix holds in future software application developments based on agile practices.

The company specializes in the areas of application development and DevOps, which are currently in high demand, and where other companies are struggling to find and retain talent.

"We believe that Qwinix is simply a superior player in the agile development and DevOps marketplace. The financial services industry is facing enormous pressure from fintech startups, and having a link into a great application development organization with true continuous programming capabilities, offers a nice platform to create special investment advisory and banking service extensions." states David M. Wright, CEO of AMG National Corp.

Qwinix intends to use the investment proceeds in realizing its hyper-growth. "This funding is a great vote of confidence towards Qwinix’s vision, strengths and capabilities. We are by far one of the most accelerated company in our market category and we intend to utilize this funding to invest even more densely in ensuring the success of our customers and to further expedite our growth.” states Darshan Puttannaiah, Founder and CEO of Qwinix Technologies Inc.

Quality code, global delivery, client collaboration and agile practices enable Qwinix to move quickly to develop highly-functional, cost-effective applications. From start-ups to Fortune 500 companies, Qwinix clients appreciate the lean, transparent and continuous delivery that brings their ideas to market faster.

For further information, please contact:

Shilpa Chaudhary, Qwinix Technologies, Manager, Marketing, Phone : +91 821-241-3535, Email: schaudhary@qwinix.io

About Qwinix

Qwinix Technologies is an application development and software solutions provider based in Denver, Colorado specializing in agile development, lean thinking and continuous delivery using a global delivery model. For more information visit www.qwinix.io

About AMG National Corporation

AMG National Corporation services holding company for AMG National Trust Bank. AMG National Trust Bank is an innovative, independent private bank and wealth management firm that leverages broad financial services to tailor solutions to clients and help them create their masterpieces. We build partnerships that bring together resources, expertise and vision to identify issues, find answers and drive change through prudent financial and resource stewardship. AMG’s unique approach to asset allocation, deep macroeconomic analysis, exhaustive investment manager due diligence practices and client service distinguish us from other investment advisors. For more information on AMG National Trust Bank visit www.amgmational.com or call 800.999.2190.

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