BuildPoint Gains More Traction as the Construction Industry's Technology Standard; DPR Construction Standardizes on BuildPoint Bid Manager Across Organization.

Business Editors/High-Tech Writers

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Feb. 11, 2003

DPR Also Exclusively Selects BuildPoint's PRM 2

Subcontractor Management Solution for Several Key Offices

BuildPoint Corporation, the construction industry's leader in provider relationship management (PRM), announced today that it has expanded its relationship with DPR Construction, Inc. (DPR), a leading national commercial contractor. Under this agreement, DPR will standardize across its organization using BuildPoint's Bid Manager solution. Further, DPR has decided to deploy BuildPoint's PRM 2 subcontractor management solution in four of its key regional office locations in a two-year agreement with BuildPoint.

"DPR promotes a collaborative building environment, and we continuously strive to work with the highest quality subcontractors. BuildPoint's customized, user-friendly solutions offered everything we were seeking to assist us in managing construction project bids and qualifying subcontractors," said Alan Watt, IT Application Manager for DPR Construction. "By understanding a subcontractor's financial health, safety performance, and other business details, BuildPoint will help to ensure the selection of subcontractors that meet the requirements of a project. BuildPoint further increases our competitive advantage and plays a part in making the entire project team successful," added Watt.

In implementing BuildPoint's PRM 2 solution, DPR will achieve the following:

-- A centralized, real-time repository for managing subcontractor data;

-- Efficient, standardized processes for bidding projects and qualifying subcontractors;

-- The ability to streamline subcontractor administration and increase subcontractors' comfort with providing qualification information and managing project information online; and

-- Strengthened relationships with subcontractors that consistently perform quality work.

DPR's purchase of BuildPoint's PRM 2 solution includes the SubCenter self-service portal for subcontractors. By enabling subcontractors to self-serve, the SubCenter service enables DPR to more efficiently provide project information to their subcontractors and collect the qualification information it requires from them. The customized DPR SubCenters, maintained and hosted by BuildPoint, launched Wednesday, January 15th. View the SubCenter for DPR's Denver branch office at www.dpr-denver.buildpoint.com.

"DPR's management team has a well-deserved reputation for innovation. They understand that managing subcontractor information effectively will allow them to readily identify their top subcontractors and receive competitive bids from them. Through DPR's use of the BuildPoint PRM 2 solution, I am confident that they will see a significant return on their investment," said Mike Krueger, president and COO of BuildPoint.

About BuildPoint Corporation

BuildPoint is the leader in provider relationship management (PRM) for the construction industry. The company's PRM solution enables general contractors to cut cost, reduce risk, and win more profitable contracts through the creation of a centralized source of subcontractor data and the standardization of the qualification, performance assessment, and bidding processes. BuildPoint is a private company whose investors include J.P. Morgan Chase Partners, RMC Group, SAP Ventures, NorthStar, Techfund Capital, Thomas Weisel Partners, Vortex Partners, and construction.com, part of McGraw-Hill Construction. The company is headquartered in Redwood Shores, Calif. For more information, visit www.buildpoint.com.

About DPR Construction, Inc.

A forward-thinking national, commercial contractor and construction manager, DPR Construction, Inc., has been "building great things," since it was founded in 1990 by Doug Woods, Peter Nosler and Ron Davidowski including:

-- Great project teams in 15 offices across the nation, including

offices in Atlanta, Ga.; Austin, Texas; Denver, Colo.; Fairfax

and Richmond, Va.; Newport Beach, Pleasanton, Redwood City,

Sacramento, San Diego, San Francisco and San Jose, Calif.;

Phoenix, Ariz.; Portland, Ore.; and Seattle, Wash.;

-- Great relationships with customers, such as Apple Computer,

Bayer Corp., Catholic Healthcare West, Clear Channel

Entertainment, Kaiser Permanente, Oracle Corporation, Pixar

Animation Studios, PricewaterhouseCoopers, Sun Microsystems

and TrammellCrow Company; and,

-- Great results in 2001 with annual revenue of $1.8 billion and

recognition for its collaborative approach, safety program,

use of technology and environmentally sound building

practices.

Specializing in technically demanding and environmentally sound projects, DPR serves the biotechnology, pharmaceutical, broadcast, corporate, education, entertainment, healthcare, telecommunication, semiconductor and warehouse distribution industries. The privately held, employee-owned company employs more than 2,200 professional staff and union crafts persons. For more information, please visit the DPR Web site at www.dprinc.com.