netGuru's Engineering Software Group Expands Product Line and Strengthens Market Position.Business Editors and High-Tech Writers YORBA LINDA Yorba Linda (yôr`bə lĭn`də), city (1990 pop. 52,422), Orange co., S Calif., in a region of citrus fruit; inc. 1967. The city has grown tremendously along with the southern California area; its population increased fivefold between , Calif.--(BUSINESS WIRE)--April 11, 2002 Global A/E/C A/E/C Architect/Engineer/Contractor (Architectural/Engineering/Construction) giants standardize on REI's STAAD.Pro engineering software by procuring new corporate licenses Research Engineers International (REI), a division of netGuru Inc. (Nasdaq:NGRU), providers of world class engineering software for structural design and analysis, today announced that during the past few months the company has entered into corporate licensing agreements for its newly released STAAD.Pro 2002 software with leading global engineering firms including AMEC AMEC African Methodist Episcopal Church AMEC Agent Mediated Electronic Commerce AMEC Arctic Military Environmental Cooperation AMEC Advanced Micro-Fabrication Equipment Inc AMEC Association of Media Evaluation Companies , Halliburton Europe, Jacobs Engineering, Kvaerner and Vermont Yankee Nuclear Power Station. STAAD.Pro 2002 is REI's latest and most powerful release of structural design and analysis software to date. Additionally, the company introduced a series of complementary add-on modules such as STAAD.beava and STAAD.etc 4.0 with features like OpenSTAAD for product customization and interoperability. The engineering community has reacted favorably to the release of the new software products. A number of leading bridge design firms have purchased STAAD.Pro's bridge loading application, STAAD.beava including the City of Milwaukee, Moffatt & Nichol Engineers, Structural Dynamics Structural dynamics is a subset of structural analysis which covers the behaviour of structures subjected to dynamic loading. Dynamic loads include people, wind, waves, traffic, earthquakes, and blasts. Any structure can be subject to dynamic loading. Inc. and French and Parello Associates. Additionally, 14 DOTs (Departments of Transportation) including DOTs in the States of Colorado, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Minnesota and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of are evaluating BEAVA for departmental use. STAAD.Pro was also recently used in the development of major engineering projects such as the people mover people mover n. A means of mass transit, such as a moving sidewalk or a monorail, used to transport people, usually along a fixed route. people mover Noun Brit, Austral & NZ same as system at Dallas-Fort Worth Airport, massive steel-framed hangars for US Airways Airbus 300A at Philadelphia International Airport, the Braddock Dam by the U.S. Army Corps of Engineers and the Guangdong Olympic Stadium in China by Ellerbe Becket Architects-Engineers. Commenting on the development, Amrit Das, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of netGuru said: "For over 20 years REI has been committed to providing simply the best structural design and analysis software in the market. Our latest release of STAAD.Pro 2002 and complementary products such as STAAD.beava and STAAD.etc 4.0 proves our resolve. The expansion of our product line is a natural progression of our legacy in the global engineering markets. The combination of our track record, brand, quality and market share is enhanced by our recent progress. REI and STAAD.Pro are important components of our technology offering. Our value is determined by the fact that the market recognizes us as a provider of proprietary, best of breed technology." About netGuru Inc. netGuru is an integrated ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified Internet and Information Technology and Services Company. The company's services and solutions consist of the following: -- Software products, services and solutions; -- Information technology services and solutions; -- Internet technology services and solutions; -- Internet Telephony services; and -- Digital media products and services. The company has offices in the United States, India, the United Kingdom, France, Germany and Singapore and distributors in 40 countries. The company currently licenses its software products to more than 20,000 businesses, with 50,000 installations and 150,000 users in more than 65 countries. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 With the exception of historical information, the matters discussed in this news release including, in particular, the company's ability to achieve rapid growth in REI, engineering software business are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, the company's ability to continue revenue growth and technological innovation despite worldwide economic conditions, changes in governmental regulations and policies, the emergence of competitive products and services, unforeseen technical issues and those factors contained in the "Risk Factors" Section of the company's Form 10-KSB for the fiscal year ended March 31, 2001. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion