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PALO ALTO, CA -- (Marketwire) -- 10/02/12 -- Today GrexIt, Inc. launched its namesake application, the first collaboration tool to add shared email labels and folders for businesses using Google Apps. GrexIt enables companies to better manage important processes such as project management, customer support, sales and hiring via their email inboxes -- the tool employees are already most comfortable using. With today's launch, GrexIt becomes the simplest solution for tagging, sharing and tracking important email conversations via Gmail.

To use a shared GrexIt label, the user simply adds a tag to an email conversation in their inbox and it instantly appears in their colleague's inbox with the same label. Employees can thus quickly mark important emails, assign tasks and track status. Companies can also use GrexIt's cloud hosted shared email repository to share and centralize email conversations. With GrexIt, all emails regarding a specific project or function are filed in a central place, giving everyone access to correct information in real-time.

All GrexIt features work right from the end-user's email inbox and don't require additional training or change how email is already used. This provides the easiest path to managing teams and projects via email, bringing significant added functionality -- and business value -- without disrupting a company's existing processes.

"Whether a colleague is in the next cubicle or across the world, keeping every team member current on a collaborative project can be one of today's most difficult business challenges," said Niraj Ranjan Rout, founder, GrexIt. "Now collaboration can happen right from email without the user having to learn anything new, which not only saves time, but also eliminates the friction that sabotages many business initiatives. Employees already use email more than any other application, so we wanted to focus on making it more productive for business."

According to a report from industry research firm Radicati Group, the average corporate email user sends and receives about 105 emails per day, which a McKinsey Global Institute and International Data Corp. report says takes up to 28 percent of a worker's time. The report goes on to cite that time spent on email can be cut by 25 - 30 percent by introducing collaborative tools, like GrexIt, into a business.

GrexIt is available for any organization using Google Apps, which according to Google includes 66 of the top 100 universities in the US, government institutions in 45 of the 50 US states, and a total of 5 million businesses. GrexIt has already been adopted by more than 1,000 companies and can be downloaded at Google Apps Marketplace at http://goo.gl/h5QBC. Pricing ranges from $4 per user per month to $3 per user per month, depending on the size of the company.

About GrexIt:
GrexIt adds shared labels and folders to Google Apps to turn your email into a simple, powerful collaboration tool. GrexIt is perfect for managing any team and project, from support and sales to recruiting, development and more. GrexIt was founded in 2011 by Niraj Ranjan Rout and Nitesh Nandy and has offices in Palo Alto, CA and Bangalore, India. You can learn more about tagging, sharing and tracking important email conversations at http://www.grexit.com.

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