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OU Inc Accelerator Client Munetrix Grows In Auburn Hills

ROCHESTER -- Munetrix LLC has moved into a vacant 2,400-square-foot office in Auburn Hills to accommodate its growing business.

The company has expanded to three full-time employees and several contractors, and is now engaging interns as a part of its team.

Munetrix is a social media, Web-based financial management and transparency database for municipalities and schools. It is a financial management and transparency tool that local units of government and school districts can use to network with each other and build long-range fiscal roadmaps in a fraction of the time legacy systems require.

Launched in Michigan in 2011, Munetrix now has approximately 750 jurisdictions at low-level subscriptions and more than 140 at premium subscriptions with plans to add richer features and revenue channels.

"Our new facility in Auburn Hills ... gives us a great sense of place and allows us to begin forming our true culture," said Bob Kittle, co-founder of Munetrix. "Besides being centrally located, with great access to amenities and highways, we are smack dab in the middle of a college corridor that offers access to talented and bright young adults who are looking for real world experience with internships. It doesn't get any better than that quite frankly. We're now home."

Said Amy Butler, executive director of OU INC: "Working with Munetrix is a true pleasure. We are excited for them in their new facility and the expansion of jobs within the community. It is also a great partnership in which OU INC can assist them in their business development, and the business is also able to give our students applied learning opportunities that help both them and the company.

To learn more about the company, visit the Munetrix website at www.munetrix.com.

OU INC is a SmartZone Business Accelerator and Clean Energy Research Center located on the campus of Oakland University that enables clients to Reach Beyond the Ordinary by providing entrepreneurial resources and strategic business solutions for accelerating ideas to market. Areas of focus are clean energy and energy efficiency, medical devices, and information technology. OU INC provides customized services to assist domestic and international businesses. To learn more about OU INC, visit www.oakland.edu/ouinc or contact Butler at (248) 648-4800 or abutler@oakland.edu.

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