FORMER HILTI EXECUTIVE JOINS TELLA FIRMA FOUNDATIONS ADVISORY BOARD, EXPANDING TEAM OF STRATEGIC ADVISORS

Former Hilti Executive Joins Tella Firma Foundations Advisory Board, Expanding Team of Strategic Advisors

(DALLAS—DATE, 2018) Tella Firma Foundations (www.tellafirma.com), a construction-technology company, today announced that Chas Gile of Texas-based Third Coast Ventures has joined as a new Advisory Board member. An Advisory Board member acts as strategic advisor and sounding board for the company, supporting its mission to revolutionize the foundation industry.

“We continue to expand our group of world-class advisors, who will challenge our thinking while providing valuable advice for Tella Firma as the company grows and expands its presence in the commercial construction markets,” said Jim Fontaine, CEO of Tella Firma Foundations. “Based on Chas’ wealth of experience and industry knowledge, I know he will become a true asset for our company.”

Chas Gile currently is a partner with Third Coast Ventures, a venture capital and private equity firm, where he oversees a portfolio of real estate and industrial production companies. His prior experience includes management consulting, start-up ventures, business turnarounds, and industrial management.

Gile was a senior executive for Hilti, the Liechtenstein-based multinational company that develops, manufactures, and markets products for the construction, building maintenance and mining industries. At Hilti, he was a member of the executive management team that oversaw all development across North America and was responsible for investment and strategic decisions affecting all new technologies, services and products. He also was responsible for the company’s civil and industrial segments, working directly with some of the largest construction firms in North America.

“Tella Firma clearly has all the ingredients to become the industry standard for foundation construction in Texas and similar markets – innovation that is brilliant in its simplicity, a solution proven hundreds of times across multiple building formats, and a leadership team with proven industry experience,” Gile said. “I’m honored to be a part of something that is not just very cool, but important and even needed.”

Gile received a B.S. from Georgetown University’s School of Foreign Service, and an MBA from the Cox School of Business at Southern Methodist University.

The Tella Firma foundation system has been used by dozens of builders, with more than 1,200 foundations installed in commercial and residential projects, and is backed by seven issued patents. Tella Firma foundations are designed to protect a building’s foundation from damaging active soil movement with a field-tested process of elevating a slab-on-grade foundation using piers, creating a protective void between the ground and the foundation itself. This application isolates the slab from active soils and guards it from unexpected movement. Tella Firma’s solution is an environmentally friendly, green installation process that avoids the need for any type of chemical or water injection into the soil as part of construction.

About Tella Firma Foundations
Dallas-based Tella Firma is a construction technology firm that is revolutionizing the way foundations are built. Tella Firma gets its name from the Latin words meaning “strong home.” Foundations with the company’s product have been installed in residential and light commercial projects in Texas and Colorado, and the company continues to expand into new markets throughout the region. For additional information, visit tellafirma.com.