BuildPoint Launches PlanCenter; General Contractors Post Project Files to their Web Sites for Dramatic Cost Savings.

Business Editors/High-Tech Writers

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--July 22, 2003

BuildPoint Corporation, the construction industry's leader in provider relationship management (PRM), today announced the launch of PlanCenter, a new software application that enables general contractors to post project files to their Web sites. General contractors such as Clark Construction, EMJ Corporation, and MLB Industries have selected the PlanCenter application to reduce costs associated with printing and distributing project files by up to 50%.

The PlanCenter application is fully integrated with BuildPoint's Bid Management solution, which is marketed, sold, and supported exclusively by Beaverton, OR-based Timberline Software Corporation. Subcontractors access PlanCenters on the Web sites of BuildPoint's general contractor customers to gain direct access to project files. They may also use general contractors' PlanCenters to respond to invitations to bid for construction projects. Key features of the PlanCenters provide the ability for general contractors to:

-- Post plans, specifications, and other project files to their

Web sites for subcontractors to view and download directly or

order from any reprographer;

-- Automatically post projects created in Bid Management to their

Web sites;

-- Receive subcontractor bid responses and track them within Bid

Management; and

-- Approve subcontractor-entered data before making it available

to all staff members

BuildPoint customizes each PlanCenter with the general contractor's corporate logo and color scheme. View the EMJ Corporation PlanCenter at www.emjcorp.com.

"Trimming unnecessary operational costs ensures that we can continue to provide our clients with the highest construction and service quality at a competitive price," said Scott Hughes, Project Coordinator, EMJ Corporation.

Mike Vitek, EMJ's Vice President of Estimating, agreed and added, "BuildPoint's PlanCenter will greatly reduce our plan printing and distribution costs. We'll gain a competitive edge in this tough economic climate by passing those savings to our clients."

BuildPoint's PlanCenter is unique in the marketplace. Unlike other applications that enable the posting of plans online, PlanCenter offers the following benefits:

-- Bigger savings for general contractors and subcontractors, who

gain direct access to plans;

-- Flexibility to work with any reprographer, which preserves

existing business relationships and gives general contractors

and subcontractors more options for printing plans; and

-- Full integration with Bid Management

"In these lean times, general contractors are looking to cut costs," said Mike Krueger, president and CEO of BuildPoint. "We're very pleased that PlanCenter will help them save up to 50% by posting their plans online."

About BuildPoint Corporation

BuildPoint is the leader in provider relationship management (PRM) for the construction industry. The company's PRM 2 solution enables general contractors to minimize subcontractor-related risk and reduce operating and insurance costs by automating the distribution of project documents to subcontractors, standardizing subcontractor management processes, and centralizing subcontractor data company-wide. BuildPoint is a private company whose investors include J.P. Morgan 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 about BuildPoint Corporation, please visit www.buildpoint.com.