Green Mountain Technology Opens Its First Satellite Office at the Innovative CommuniTech Research Park to Support New Product Development

  Memphis, Tenn., January 15, 2019 – Green Mountain Technology (GMT) is expanding its partnership with the University of Memphis by joining its CommuniTech Research Park, a national center for technology innovation. The CommuniTech Research Park is a shared space for innovative technology companies designed for creative empowerment, emerging innovation, networking and collaboration. The Research Park will host a Grand Opening on January 17th at 3 p.m. CST.

This 10,000 square-foot global flex campus is located steps from the FedEx Institute of Technology in the University District of Memphis. GMT’s satellite space there will host 10 of the company’s developers in a collaborative space designed specifically to allow for access to research, lab space, meeting space, workforce pipeline, professional development, networking resources and venture funding access. GMT headquarters is home to 100+ employees in East Memphis where they serve the largest shippers in the world with their Parcel Spend Management products. The opening of their satellite campus signals their focus on research and development for a new line of transportation spend management products. The company plans to hire 50 new employees in 2019.

“As we strive to create innovative products to serve the supply chain market, access to research and emerging innovations is vital,” Explains Craig Russell, CEO at GMT. “Our involvement in CommuniTech is really a win-win. It supports our foremost goal to develop innovative products, and it also creates technical job opportunities for students. When we can support our business objectives and have a positive economic impact for the city of Memphis by adding jobs it’s a win-win.”

Green Mountain Technology (GMT) partners with the world’s largest parcel shippers to plan, execute and monitor high volume parcel networks. Our Parcel Spend Management (PSM) solution helps businesses compete in today’s hyper competitive parcel marketplace. It starts with our best in class parcel audit and invoice automation, then leverages that data for advanced analytics, optimization, and ongoing network improvement and contract management projects. GMT’s highly engaged, strategic delivery model, unique network modeling and re-rating technology, and Fortune 500 customer base, uniquely positions GMT to deliver unparalleled value. Our customers represent more than $5 billion in parcel spend and consistently experience a 5-10X return, net of our fees. GMT has been awarded a Top Workplace in Memphis for five consecutive years.

MEDIA CONTACT:
Lindsay Bodkin
Green Mountain Technology, Director of Marketing & Public Relations
Lindsay.bodkin@gmcps.com
901.443.0369