Bentley and GEOPAK to acquire assets of GDS Transportation Unit.WASHINGTON, D.C.--(BUSINESS WIRE)--June 6, 1997-- Two Companies Incorporate Technology Leader into GEOPAK-TMS, a Joint Venture Focused on Intelligent Transportation Bentley Systems Bentley Systems, Incorporated, provides software for the "Design, construction and operation of the world's infrastructure". The company’s software serves the building, plant, civil, and geospatial vertical markets in the areas of architecture, engineering, construction (AEC) , Inc. (Exton, PA), and its Strategic Affiliate, GEOPAK(R) Corporation (North Miami Beach North Miami Beach, residential and resort city (1990 pop. 35,359), Dade co., SE Fla., on the Atlantic coast; inc. 1931. It is a major office and retail area. , FL), today announced that they have reached an agreement with Convergent Group and its subsidiary, Graphic Data Systems Corporation, to purchase certain assets of the GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards Transportation Unit. Specifically, Bentley and GEOPAK are acquiring the transportation software and other business assets of GDS, an acknowledged leader in intelligent transportation systems. The two companies are also incorporating the technology and sixteen GDS employees in a new joint venture, GEOPAK Transportation Management Systems, Inc. (GEOPAK-TMS). The owners of GEOPAK-TMS are uniquely positioned to assure the success of the joint venture, which will now offer GeoTransport(TM), a family of transportation-specific applications. Bentley is a leader in engineering software, including Web-based servers for engineering over the Internet and enterprise intranets, and GEOPAK is the leading provider of roadway design and engineering software. Together, the companies provide software adopted as the standard by 44 of the 50 state departments of transportation. "The software we are acquiring today is recognized as the leading technology in intelligent transportation systems," says Ray Pittman, president of GEOPAK-TMS. "Given the wide use of Bentley and GEOPAK software for roadway design, many users can finally close the loop in the roadway life cycle -- not just engineering design and construction, but maintenance and operations as well." "When the GDS transportation technology is combined with Bentley's software for engineering over the Internet and our Web-based ModelServer product line," says Jean-Baptiste Monnier, vice president of geoengineering at Bentley, "the reach and effectiveness of intelligent transportation systems will be greatly extended. DOTs and transit authorities can better serve the public and save money through increased efficiency." The GeoTransport suite of software lets roadway owners and operators better plan, design, maintain and operate transportation systems. The applications perform real-time roadway and traffic monitoring, analysis, display, and permitting/routing, as well as inventory management. For example, GeoTransport software can automate To turn a set of manual steps into an operation that goes by itself. See automation. the assignment of snow plows a structure, usually See also: Plow Refers to an investment position that is larger than the generally accepted benchmark. Notes: For example, if a company normally holds a portfolio whose weighting of cash is 10%, and then increases cash holdings to 15%, the portfolio would have an overweight truck can be permitted and assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. an alternate safe route online, reducing the wait time from days to minutes. GDS transportation technology is already proven in the departments of transportation of Maryland, Indiana, Michigan, Florida, Georgia and Texas, and is used by the London Regional Transport London Regional Transport (LRT), commonly known as London Transport, was the organisation responsible for the public transport network in Greater London, United Kingdom from 1984-2000. , the New Jersey Turnpike
For more information on Bentley, please contact the company at 1-800-BENTLEY, +1 610-458-5000 (US), +31 23-556-0560 (Europe), +61 3-9699-8699 (Asia), through E-mail at jen.mcwilliams@bentley.com, or at http://www.bentley.com . More on Bentley Bentley Systems, Inc. is a worldwide leader in engineering software and user services. The company now serves over 250,000 professionals in building/plant engineering, geoengineering, and mechanical engineering. Its MicroStation(R) desktop products are proven at over 70% of the largest U.S. engineering firms and are the software foundation of well-known buildings, roadways, machines, and industrial plants around the world. Its new line of Internet/intranet-based ModelServer(TM) products are the first to unite engineering and the enterprise. With revenues now over $120M annually, Bentley was listed as the second largest privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. on the 1997 Softletter 100 and named 1996 Growth Company of the Year by the Eastern Technology Council. More on GEOPAK GEOPAK Corporation, a Bentley Strategic Affiliate, has been developing Civil Engineering software since 1984. More than any other product on the market, GEOPAK was developed and continues to be supported by practicing civil engineers and land surveyors. GEOPAK operates inside of MicroStation and runs on numerous hardware platforms Each hardware platform, or CPU family, has a unique machine language. All software presented to the computer for execution must be in the binary coded machine language of that CPU. Following is a list of the major hardware platforms in existence today. See platform. . The current GEOPAK Suite of Products includes GEOPAK Road, GEOPAK Site, GEOPAK Survey, GEOPAK Drainage drainage, in agriculture drainage, in agriculture, the removal of excess water from the soil, either by a system of surface ditches, or by underground conduits if required by soil conditions and land contour. , GEOPAK Bridge, GEOPAK Rebar, and GEOPAK Construction. -0- MicroStation is a registered trademark; Bentley and ModelServer are trademarks of Bentley Systems, Incorporated. GEOPAK is a registered trademark of GEOPAK Corporation. GeoTransport is a trademark of GEOPAK-TMS. Other brands and product names are trademarks of their respective owners. CONTACT: Boston Communications Michelle Allard, 617/247-1112 mallard mallard: see duck. mallard Abundant “wild duck” (Anas platyrhynchos, family Anatidae) of the Northern Hemisphere, ancestor of most domestic ducks. The mallard is a typical dabbling duck in its general habits and courtship display. @bcomm.com |
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