Bentley Acquires Leading UK-based Systems Integrator; Cadac Expert in Implementing Bentley Solutions on Major Infrastructure Projects.

Business Editors/Hi-Tech Writers

WOKINGHAM, UK--(BUSINESS WIRE)--Dec. 13, 2002

Bentley Systems, Incorporated today announced that it has acquired substantially all of the business of Cadac Limited, a Bentley Integrator based in the United Kingdom.

Bentley has held a minority interest in Cadac since it became a Bentley Integrator in August 2000.

Through the acquisition, most of the Cadac employees who served Bentley accounts for Cadac have become employees of Bentley Systems UK. Meta4 Systems, a UK-based firm wholly-owned by Cadac, will continue to serve the small and medium-size enterprise (SME) marketplace as an independent distributor of MicroStation(R), PowerDraft(R), and other Bentley products.

"Bentley and Cadac have successfully worked closely together for many years and have been jointly selling into our major UK accounts," said Dick Fox, Managing Director, Bentley Systems UK. "This acquisition is a natural development for both businesses as Bentley moves forward with its strategy to conduct business directly with its major accounts while our channel partners will concentrate on the SME market. By bringing our two teams together we strengthen our ability to support our largest users."

"My Cadac colleagues and I are delighted to have joined Bentley to provide the most comprehensive AEC solutions available to our longstanding and new accounts," said Mike Coldrick, former Cadac Managing Director, now with Bentley.

As a Bentley Integrator, Cadac was a full-service resource for engineering enterprises focusing on the implementation of Bentley software solutions --from high-level consulting to business processes improvement to customized development, implementation, training and support.

"Our users have reacted very positively to our business messages with respect to our integrated portfolio across 'create, manage, publish' technologies for AEC content environments," said Fox. "We now have in the UK a unified sales, service and support team to maximize the benefits from one-to-one relationships with our major accounts. This combination of winning technology and a seamlessly integrated solutions team will be a tremendous force in the UK marketplace, and we expect that our user organizations will immediately be better served by Bentley."

About Bentley

Bentley Systems, Incorporated is a global provider of collaborative software solutions that enable our users to create, manage and publish architectural, engineering and construction (AEC) content. As a part of those solutions, Bentley provides professional services including implementation, integration, customization and training.

For more information, call 1-800-BENTLEY or visit us on the Web at www.bentley.com.

Bentley, the "B" logo, MicroStation and PowerDraft are registered trademarks of Bentley Systems, Incorporated or Bentley Software, Inc. Other brands and product names are trademarks of their respective owners.