Avatech Solutions Forms Partnerships to Launch Total Infrastructure and Facilities Management Practice.Business Editors/High-Tech Writers BALTIMORE--(BUSINESS WIRE)--Aug. 6, 2003 New Alliances with ARCHIBUS and Idisis Provide Complete Facilities Management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. (FM) Solution for Organizations Avatech Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AVSO AVSO Association of Voluntary Service Organisations .OB), a leading provider of design automation and PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design solutions for the manufacturing, building design and engineering markets, today announced several strategic vendor partnerships that enable it to launch a total infrastructure and facilities management practice. Avatech is now authorized to sell products and services from ARCHIBUS, Idisis, Cyco Software and Autodesk MapGuide(R) software to customers across the entire US, acting as a complete single-source solution provider. Solutions from the Avatech FM practice allow organizations to manage physical assets such as real estate, buildings and equipment - extending asset life cycles and keeping operating costs operating costs npl → gastos mpl operacionales at a minimum. Brad Peterson Brad Peterson (born July 14, 1969) is perhaps best known as a U.S. musician and record producer. He is the writer, lead singer and multi instrumentalist of an eponymous Chicago rock band. History Born in Baltimore, Maryland, Brad Peterson grew up in Geneva, Illinois. , a 20-year industry veteran, will head up this new practice as the Avatech FM Program Manager. His breadth of experience will bring top-notch sales and consulting expertise to organizations in healthcare, municipality, banking/finance, aerospace, higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and government. "Avatech's rich customer base is an ideal candidate for Total Infrastructure and Facilities Management solutions," says Bruce K. Forbes, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ARCHIBUS, Inc. "With ARCHIBUS/FM's integrated applications, users can link information on their organization's people, places, processes, and physical assets. Adding this functionality to Avatech's existing offerings will enhance the value of any organization's investment." "Avatech's total infrastructure and facilities management practice fulfills an important part of our strategic plan for diversification into this emerging market," said Scotty Walsh, CEO. "By carefully choosing a collection of key partners, we have been able to quickly and uniquely bring together a solution that encompasses all pieces of the FM circle including software, customization, implementation, training and support - all from a single source." Delivering Facilities Knowledge Organization-wide By leveraging strategic relationships with ARCHIBUS, Idisis, Cyco Software, Autodesk and other developers, Avatech specialists and consultants have the software tools to create a targeted, complete solution. Avatech's FM Group helps companies put together all pieces of the facilities management puzzle to make information instantly available via a specialized set of application and services components including: CAD drawing creation, document management, revision control Revision control (also known as version control (system) (VCS), source control or (source) code management (SCM)) is the management of multiple revisions of the same unit of information. , facilities and asset management, web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. and reporting. For More Information Visit www.avatechsolutions/fm to obtain more information, to contact an Avatech representative or download an Avatech FM Capabilities Statement. About ARCHIBUS, Inc. ARCHIBUS, Inc. is the #1 global provider of facilities and infrastructure management solutions and services. The firm's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , ARCHIBUS/FM, enables organizations to make informed strategic decisions that optimize return-on-investment, lower asset life-cycle costs, and increase enterprise-wide productivity and profitability. More than 100,000 ARCHIBUS/FM enterprise users manage over 1.4 million buildings exceeding 16 billion square feet. Available in over 100 countries and more than a dozen languages, ARCHIBUS/FM is supported through a global network of 1,600 ARCHIBUS/FM-trained specialists. Headquartered in Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation). Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New , ARCHIBUS, Inc. has pioneered automated facilities and infrastructure management techniques since 1982. For more information, call 617/227-2508, or visit www.archibus.com. About Avatech Solutions Avatech Solutions, Inc. (OTCBB: AVSO.OB) is a leading provider of design automation and PLM solutions for the manufacturing, building design, civil engineering and GIS markets. Headquartered in Owings Mills, Maryland Owings Mills is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 20,193 at the 2000 census. Owings Mills is home to the northern terminus for the Baltimore Metro Subway and to Owings Mills Mall. , the company specializes in software development, technical support, training and consulting aimed at improving design and documentation efficiencies and the seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of workflow processes. Avatech is one the largest integrators of Autodesk software worldwide and a leading provider of engineering document management solutions. The company serves 18,000 clients worldwide including the industry leaders from Fortune 500 and Engineering News Record's Top 100 companies. Visit http://www.avatechsolutions.com for more information. This press release contains forward-looking statements about the expectations, beliefs, plans, intentions and strategies of Avatech Solutions, Inc. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. A description of risks and uncertainties attendant to Avatech and its industry, and other factors that could affect Avatech's financial results, are included in Avatech's Securities and Exchange Commission filings, including, but not limited to, the annual report on Form 10-KSB for the year ended December 31, 2001 of PlanetCAD, Inc. (now Avatech Solutions, Inc.), quarterly reports on Form 10-QSB for the quarters ended March 31 and September 30, 2002, the Proxy Statement/Prospectus included in PlanetCAD's registration statement on Form S-4 relating to the PlanetCAD-Avatech merger, the current report on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. filed with the Securities and Exchange Commission on January 30, 2003 and the quarterly report on Form 10-QSB for the quarter ended March 31, 2003. Investors and shareholders may obtain a free copy of the documents filed by Avatech Solutions, Inc. with the Commission at the Commission's web site at www.sec.gov. The documents also may be obtained for free by directing a request to Melody Craigmyle, Director of Corporate Communications at 410-581-8080 or email MCraigmyle@avatechsolutions.com. All brand names, product names, or trademarks belong to their respective holders. |
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