Daratech Reports Strong Increase in Demand for MicroStation.EXTON, Pa.--(BUSINESS WIRE)--Nov. 14, 1995--Daratech Inc., a market research and technology assessment firm specializing in CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. , CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. , reports that the demand for MicroStation(TM) from 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. has strongly increased for the year. Daratech estimates that end-user purchases of the original MicroStation product line rose over 25 percent for the first three quarters of 1995 compared with the same period one year ago. Bentley adds that user purchases of products introduced so far in 1995 push the growth in demand for all products to over 35 percent. These calculations came at the end of Daratech's CAD/CAM, CAE Reseller and System Integrator Strategy Workshops '95 in Orlando, Fla. Charles Foundyller, president of Daratech, comments, "This strong increase in demand for MicroStation is an outstanding achievement in a year in which Bentley has had to undergo a major transition from what was an R&D organization to a full-fledged independent software company." He adds, "We believe that the growth has resulted from Bentley's product expansion, aggressive distribution strategies, and an unambiguous vote of confidence by their user base." In their just-released 1996 CAD/CAM/CAE Market Forecaster, Daratech went on to forecast Bentley software revenue for the coming year at $114M, placing Bentley eleventh among non-EDA providers in the listing. Separately, Bentley stated that its overall product and service revenues for the first three quarters of 1995 more than tripled compared to the same period of 1994. The company, which has grown to 426 employees, also reported strong ongoing profitability. Company president and chairman, 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. , comments, "We are encouraged by our success and remain focused on adding product and service value for professionals. For example, this past quarter saw the introduction of MicroStation 95 perhaps the biggest single productivity boost the professional computer-aided design computer-aided design (CAD) or computer-aided design and drafting (CADD), form of automation that helps designers prepare drawings, specifications, parts lists, and other design-related elements using special graphics- and calculations-intensive market has ever seen." Mr. Bentley concludes, "This expansion of user value as well as the steady progress of our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets should keep us at a strong growth rate." Bentley also reported that the majority of its current revenues now come from distribution channels established in 1995, namely worldwide MicroStationVARs and authorized resellers. This distribution mix marks successful implementation of the company's channel diversification strategy. Intergraph, formerly the exclusive distributor of MicroStation, remains a Bentley shareholder, a MicroStation application developer, and a key distributor. Besides MicroStation 95, major corporate developments during the most recent quarter included: o the opening of offices in Kuala Lumpur Kuala Lumpur (kwä`lə l  m`pr), city (1990 est. pop. , Beijing, and Tokyo, o the announcement of the MicroStation OpenSpace program, the company's program for application excellence and interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. , o the company's new membership in the Industry Alliance for Interoperability (IAI IAI Infection And Immunity (journal) IAI International Alliance for Interoperability IAI Institut für Angewandte Informatik IAI Inter-American Institute for Global Change Research IAI International Association for Identification ), an object technology standards-definition group, o shipment of PowerArchitect(TM), a Softdesk/IdeaGraphix architectural drafting product, o the investment by Bentley in Opti Inter-Consult, an engineering leader in technical document management, and o the announcement of the company's entry into the fast-growing geographic information systems geographic information system (GIS) Computerized system that relates and displays data collected from a geographic entity in the form of a map. The ability of GIS to overlay existing data with new information and display it in colour on a computer screen is used primarily to (GIS) market. During the quarter, several major accounts signed long-term product and service purchasing commitments with Bentley. For example, the North Dakota Department of Transportation The North Dakota Department of Transportation (NDDOT) is a part of the government of the U.S. state of North Dakota. NDDOT oversees the state's transportation system. (DOT) selected MicroStation as its standard for computer-aided design, the 40th state DOT to do so. The City of Helsinki, Philips Electronics, and Anheuser Busch all entered into multi-year MicroStation purchasing agreements. Overall, subscriptions to the MicroStationCSPSM comprehensive support program more than doubled in the past year. For more information, please contact Bentley at 1-800-BENTLEY, +1 610-458-5000 (US), +31 2503-85588 (Europe), +61 3-699-8699 (Asia), via e-mail at jen.mcwilliams@bentley.com, or through the World Wide Web at http://www.bentley.com/. More on Bentley Bentley Systems, Inc. is the leader in professional computer-aided design products and services to engineering organizations where CAD is mission-critical. The company's MicroStation product range is relied upon by over 200,000 professional users and over 600 commercial application developers worldwide in the architecture/engineering/construction (AEC AEC US Atomic Energy Commission Noun 1. AEC - a former executive agency (from 1946 to 1974) that was responsible for research into atomic energy and its peacetime uses in the United States Atomic Energy Commission ), geographic information systems (GIS), and mechanical design markets. Founded in 1984, Bentley has now become one of the fastest growing international software companies. -0- MicroStation is a registered trademark and MicroStationCSP is a service mark of Bentley Systems, Inc. PowerArchitect is a trademark of IdeaGraphix Inc. Other brands and product names are trademarks of their respective owners. CONTACT: Michelle Allard Boston Communications 617/247-1112 E-mail: 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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