A Letter to Customers
Dear Customers,

Last Friday, GCP Applied Technologies (NYSE:GCP) announced it has made a strategic investment in Sysdyne (see press release below). GCP and Sysdyne share the vision of transforming the ready mixed concrete industry through technology and innovation. We believe the industry has been calling for more advanced technologies and better customer service. This investment is the answer to the call.

I’ve been longing to share this great news with you. You are the purpose and sole reason for Sysdyne’s existence. I want to take this opportunity to thank you for being part of the Sysdyne family and for trusting us with your operations. The investment from GCP will make Sysdyne much stronger. It will accelerate our product development to meet your growing demands and allow us to bring more innovative products to the market. Most importantly, it will further strengthen our best-in-class customer support as we grow.

As I continue to lead and grow Sysdyne, I ask all of you to keep supporting the company by giving us your feedback about our products and services. Please feel free to reach out to me, or people you have been working with at Sysdyne, with your questions or concerns. I’d like to learn what keeps you up at night. We have made our commitment to you and will exceed that commitment with GCP’s support. I look forward to continuing our journey of success and prosperity together.

Thank you.

Sincerely,


Jill Zhang
President, Sysdyne Technologies.
GCP Applied Technologies Invests in Sysdyne Technologies
CAMBRIDGE, Mass. – August 10, 2018 – GCP Applied Technologies (NYSE:GCP) has made a strategic investment in Sysdyne Technologies, a Stamford, CT based provider of technology solutions for the ready-mix concrete industry. Terms of the deal were not disclosed.

Sysdyne offers a range of integrated software and industry automation tools including batch panels, dispatch software and electronic ticketing solutions. The company’s innovative products help ready mix producers streamline operations, optimize business processes, tighten quality control and improve cash flow. 

“Sysdyne shares our vision to transform the industry through technology and innovation,” said Naren Srinivasan, GCP’s Chief Strategy, Marketing and Development Officer. “The Company’s product suite complements our VERIFI® product line and presents significant opportunities to advance services through data integration.” 

GCP’s VERIFI® In-transit Concrete Management and VERIFI® Quality software provide valuable data insights and analytics to concrete producers to help improve concrete quality, optimize mix designs, save time and reduce costs from the plant to the job site. 

“We are excited to have GCP as an investor as we continue to scale our business and accelerate our product development” said Sysdyne CEO Jill Zhang. “Sysdyne and GCP share a passion for innovation, commitment to outstanding customer support and are both on the forefront of developing cutting-edge technologies that provide tremendous value to producers.”
View GCP's official press release here .
View from Sysdyne's website here .