Bricsnet Strengthens Its Executive Management; Yoav Etiel 'Goes Public' as Executive Vice President of Worldwide Marketing.

Business/Technology Editors

WAKEFIELD, Mass.--(BUSINESS WIRE)--Sept. 25, 2000

Bricsnet (EASDAQ:BSNT) today announced that industry veteran Yoav Etiel is joining the company as its Executive Vice President of Worldwide Marketing. Etiel comes to the publicly traded Bricsnet from the privately held Bentley Systems Incorporated, where he served as Senior Vice President of Marketing. During his seven-year tenure there the company has become the world's second largest Architecture/Engineering/Construction (A/E/C) software firm and second largest privately held company on the Softletter 100, as annual revenues climbed from $20M to just under $200M. He was most recently responsible for spearheading the firm's launch of Viecon.com, a new internet-based project collaboration offering for Engineering Construction and Operations (E/C/O). With over 17 years of E/C/O IT experience in various marketing roles, Etiel is often referred to as the industry's "most-connected executive."

Erik de Keyser, CEO of Bricsnet said: "I've known Yoav for years, and I am so delighted to have him finally join our company. His industry knowledge, experience, vision and commitment to the E/C/O market are second to none. Moreover, he is passionate about this market's e-transformation -- just the right individual to head our worldwide marketing!"

Charles Foundyller, CEO of Cambridge, MA-based Daratech (www.daratech.com) said: "This is truly a major coup for Bricsnet. Yoav Etiel is one of the E/C/O IT market's leading strategists and visionaries. His addition significantly strengthens Bricsnet's executive management and will help the company enhance its credibility and global presence."

"To-date, I've watched from afar Bricsnet's vision gradually turn into reality," said Yoav Etiel, "But the industry's e-transformation has just begun," he added. "I am so excited to join at this time a company and its team of truly motivated professionals who are focused solely on the opportunities presented by this transformation. It is simply refreshing! Bricsnet's offerings are world-class, and I have the highest respect for the people of Bricsnet, the management and their achievements so far," he added. "Together, we will work on world-class, global market presence," Etiel concluded.

About Yoav Etiel

Yoav Etiel joins Bricsnet from the privately-held, Exton, Pennsylvania-based Bentley Systems, Incorporated. As Bentley's Senior Vice President of Marketing since 1996, Etiel united the Corporate Communications and Product Marketing groups into a world-class Corporate Marketing group. Also during his tenure, he directed the expansion of the company's product marketing from a single product to a comprehensive product line and led the reorganization of product marketing and product management functions into the company's Engineering Product Organizations after becoming Vice President of Product Marketing in 1994. Etiel joined Bentley in 1993 as the company's first Product Manager.

Prior to joining Bentley Systems, Etiel was at ISICAD, Inc., a supplier of CAD software, where he served in a variety of product marketing and business development roles. He started his career in 1983 as product manager for one of the world's first architectural solid modeling software products. Etiel graduated Cum Laude in 1985 from the Technion, Israel Institute of Technology with a Bachelors degree in Architecture and Town Planning.

About Bricsnet

Bricsnet was founded by an international team of architects and engineers dedicated to making the building process easier and more efficient. The company provides Bricsnet.com, a work-centric portal integrating all the tools and services building professionals need to design a building, manage a geographically dispersed project team, bid on and procure building materials and services, access building product specifications from manufacturers worldwide, manage completed facilities, and exchange news and information. Launched December 1, 1999, Bricsnet.com currently hosts more than 400,000 visitors each month. Bricsnet is a public company (EASDAQ:BSNT) and maintains corporate headquarters in Wakefield, MA, and Gent, Belgium.

Bricsnet is a registered trademark of Bricsnet; Bentley is a registered trademark and Viecon is a trademark of Bentley Systems, Incorporated. Other brands and product names are trademarks of their respective owners. (c) Copyright 2000 by Bricsnet.