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Graphisoft Opens Subsidiary in Madrid

Budapest, June 1, 1997

As proof of the priority Graphisoft assigns to the Spanish-speaking countries, Graphisoft set up its latest subsidiary ARCHICAD España, S.L. in Madrid. Márton Szövényi-Lux, formerly International Sales Manager of Graphisoft R&D Hungary, will act as General Manager of the new company.

"We have a solid foundation with good chances of fast expanding our business in the Spanish market, while Latin America offers untapped potential. ARCHICAD 5.0's ease-of-use and power was enthusiastically welcomed by hundreds of architects in Spain and Latin America, which gave us motivation to offer the region more direct attention", says Gábor Kazár, Vice-President of Sales and Marketing of Graphisoft.

ARCHICAD España will work in close cooperation in the Spanish market with the existing distributor partners NMI Programación, S.L. and TSI, S.L., aiming at coordinating and supporting marketing activities in the dynamically developing Spanish market.

In the Latin American region, ARCHICAD already has a strong position in the Chilean market thanks to ArchiSoft, S.A., and it was successfully introduced in Argentina, Colombia, Ecuador, Mexico and Peru last year. ARCHICAD España will focus on the development and support of the existing distribution channel, with high sensibility to the particular needs of the region, while also seeking for new distributor partners.

Graphisoft is a leading provider of computer-aided design (CAD) software solutions for the architectural profession and the building industry. Founded in 1982, Graphisoft is ranked today among the largest AEC CAD software developers in the world, with 12 offices all over the world in addition to its headquarters. Graphisoft's flagship product, ARCHICAD, is used by more than 75,000 architects worldwide and distributed in 25 languages and 80 countries. Shares of Graphisoft are traded on the Frankfurt Stock Exchange Neuer Markt under the symbol GPH. More information about Graphisoft is available at

For more information please contact:

Márton Szövényi-Lux, General Manager

S.L. Avda. Brasil, 17-14.º, 28020 Madrid
Phone: (+34.1) 597 00 74
Fax: (+34.1) 597 00 83