iCoreConnect Inc. Announces Strategic Acquisition of Teamworx Dental

Acquisition Expands the Company’s Portfolio With Launch of iCoreAcademy Solution

OCOEE, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – iCoreConnect Inc. (NASDAQ: ICCT)(“iCore” or the “Company”), a leading cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform, announced today its strategic acquisition of Teamworx Dental (“Teamworx”). This acquisition continues to expand iCoreConnect's portfolio of SaaS software that serves the healthcare market.

Teamworx provides patient education and lead generation software for dental practices with over 100 high-definition, 3D virtual-treatment planning and case acceptance videos that span Oral Surgery, Implants, Pediatrics, and more. Its patient education videos are available in both English and Spanish.

Teamworx brings a critical solution to dental practices to increase and optimize their treatment plan acceptance rates, an essential part of a practice’s revenue and profitability. Teamworx software and videos have proven to not only boost plan acceptance rates among patients, but also improve the patient's well-being, which together have helped increase the profitability and efficiency of the practices that have implemented Teamworx solutions.

Robert McDermott, President and CEO of iCoreConnect, commented, "The integration of Teamworx into iCoreConnect's Platform represents the continued execution of our strategic mission to provide comprehensive, integrated technology solutions. We are excited about the possibilities this acquisition brings to our company and our customers. iCoreAcademy adds to our extensive portfolio of software solutions we bring to our customers to help them optimize operations and increase the profitability of their practices. We plan to leverage our current subscriber base to introduce this new offering.”

McDermott continued, “We have a strategic vision to bring all our SaaS solutions under one enterprise platform with single sign-on capabilities.  We are planning to launch the iCoreEnterprise platform in the second quarter of 2024.”

"Being acquired by iCoreConnect signifies a transformative chapter for Teamworx Dental," said Dr. Ryan Morrison, CEO of Teamworx Dental. "We are excited about the endless possibilities ahead as we integrate our patient education expertise with iCoreConnect's enterprise and healthcare cloud technology. Incorporating our patient education platform into iCoreConnect’s existing suite of offerings positions us to further elevate workflow productivity and boost provider profitability."