Bentley appoints two new Strategic Affiliates.ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 8, 1996-- Company Realizes "Interpreneurial" Structure with Full Configuration of Strategic Affiliates, Also Announces Revenue Growth and Profitability for Q3 and 96YTD See Year-to-date. YTD See year to date (YTD). 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., today announced that it has appointed two new Strategic Affiliates, WorkPlace Systems Inc., and NetSpace Systems Inc. The two newly-formed companies will focus on providing engineering solutions in the areas of facility information and utilities asset management respectively. The appointments mark the realization of Bentley's 1994 corporate initiative to assemble an integrated configuration of Strategic Affiliates that create world class engineering solutions which are based on Bentley products and distributed through the company's value adding network. The Strategic Affiliate Program involves intense collaboration with focused, luminary developers in all target markets of engineering. On the list of affiliates are U.S.-based GEOPAK Corp., Jacobus Technology Inc., and SpatialData Inc., as well as BRICS BRICS Basic Research in Computer Science BRICS Brazil, Russia Federation, India, China and South Africa (world affairs) N.V. of Belgium, HMR HMR Hazardous Materials Regulations HMR Human Resources HMR Home Meal Replacement HMR Hamrun (postal locality, Malta) HMR Hôpital Maisonneuve-Rosemont (Montréal, Canada) Inc. of Canada, and now the U.S.-based NetSpace and WorkPlace. Bentley collaboration with its Strategic Affiliates includes equity investments, board representation, technology exchange agreements, and reciprocal Bilateral; two-sided; mutual; interchanged. Reciprocal obligations are duties owed by one individual to another and vice versa. A reciprocal contract is one in which the parties enter into mutual agreements. distribution. Greg Bentley Gregory "Greg" Bentley (born 9 April 1987) is an Australian rules footballer in the Australian Football League. Recruited from Rosebud/Dandenong U18 in Victoria, he was placed on the Port Adelaide Football Club's rookie list but was upgraded to the senior list during 2006. , president of Bentley, comments, "When we became independent in 1995, people asked if we planned to structure ourselves as a wall-to-wall provider or a virtual company. We asserted that an entirely new structure was needed for success in this fast moving age of engineering automation -- a structure of interoperating units that retain their entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. zeal Zeal Bows, Mr. crippled fiddler with intense feelings. [Br. Lit.: Pendennis] Cedric of Rotherwood zealous about restoring Saxon independence. [Br. ." He concludes, "The Strategic Affiliate program has allowed us to realize that vision. Collectively, we are now an `interpreneurial' organization." Bentley Strategic Affiliates now offer solutions in the areas of building design and engineering, plant engineering, civil engineering, advanced imaging, geoengineering for local governments, management of networked engineering assets for utility and telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. companies, and facilities asset management for builders and owners. All solutions are built to serve as complete end-user products as well as development platforms for customization and new applications. Bentley also announced revenue growth and profitability for the third quarter and 1996 year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. . Total revenues were up 44 percent for the quarter and 20 percent for the year-to-date, compared to the same periods last year. This follows a slight loss in the second quarter due to zero purchases by Intergraph, which now accounts for less than 15 percent of overall revenues. The third quarter also continued the trend of steady increases in non-Intergraph revenue, i.e. through the company's expanded distribution channels. For more information on Bentley, please contact the company at 1-800-BENTLEY, +1 610-458-5000 (US), +31 2356-85588 (Europe), +61 3-9699-8699 (Asia), through E-mail at jen.mcwilliams@bentley.com, or at www.bentley.com. More on Bentley Bentley Systems Inc. is a worldwide leader in engineering software and user services. The company now serves over 220,000 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 $100M annually, Bentley was listed as the fourth fastest growing on the 1996 Softletter 100 and named 1996 Growth Company of the Year by the Eastern Technology Council. -0- MicroStation is a registered trademark; Bentley and ModelServer are trademarks of Bentley Systems Inc. Other brands and product names are trademarks of their respective owner. 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 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion