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Graphisoft Signs Strategic Cooperation Agreement with Hewlett Packard

Pilot Project Underway to Reconstruct Nyíregyháza College as "Intelligent Campus"

BUDAPEST, May 30, 2003 - Graphisoft®, a leading provider of design and building information management solutions, today announced an agreement with HP Hungary to cooperate in the development, sales and distribution of building automation, maintenance/management software and services.

According to the terms of the agreement, HP Hungary and Graphisoft® will develop custom solutions for clients by integrating their softwares, BuilDog and ArchiFM®. "BuilDog", HP's award-winning intelligent building automation system, is used by several Hungarian facilities for building management, security systems and services management. ArchiFM, Graphisoft's facility management software, is used by numerous Hungarian and international facilities for integrated and efficient space, asset, inventory, lease and maintenance management, and is ranked among the Top 10 software solutions by CADALYST, the U.S. industry magazine. By linking BuilDog and ArchiFM, the two companies will be able to provide solutions and services tailored to their customers' specific needs.

"Graphisoft and HP are leading market players both domestically and worldwide, and our profiles complement each other extremely well. This naturally offers options for synergy, which is why I consider our strategic cooperation very promising," said Imre Szalay, Director of Services for HP Hungary.

As a pilot project, the two companies are cooperating in the reconstruction of Nyíregyháza College. HP is the main contractor for this project, valued at over HUF 1.5 billion. The project links Graphisoft ArchiFM®'s integrated facility management database modules with the intelligent building functions (HVAC - heating, ventilation, air conditioning -, maintenance automation, security, communicational network) developed by HP. The result is a comprehensive building automation, information and facility management system.

The College of Nyíregyháza is one of Hungary's largest institutes of higher education, with 11,000 students and close to 1,000 employees. When complete, the intelligent building and facility management system will significantly reduce the institution's operating expenses.

"We are very pleased about this cooperation," said Gábor Dióssy, Graphisoft's Director of Facility Management. "The fact that ArchiFM represents a significant business opportunity for a world-renowned company such as HP validates our strategy, and also bodes well for fruitful common ventures in the future."