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5D Virtual Construction product line takes functionality and usability to the next level

Graphisoft announces its 2007 Virtual Construction line of products and services

Budapest - December 11, 2006 - In keeping with the Company's tradition of delivering products that revolutionize how buildings are designed and built, Graphisoft announced today a major update to its Virtual Construction™ suite of applications and services. The new version incorporates completely new mechanical, electrical and plumbing functionality. Already installed at owner/developers, project managers and major construction companies throughout the world, the 2007 product release will further accelerate the adoption of Virtual Construction within companies, and speed the time to project realization.

"There has been a tremendous acceleration in the awareness and implementation of Virtual Construction over the past 18 months" says Clay Freeman, Vice President of Construction Solutions. "Companies are achieving clear bottom-line benefits in terms of delivering projects earlier and with lower cost. The 2007 series of software and services will further enhance the business competitive advantage the companies are already achieving."

"We see the use of 5D Virtual Construction as mission critical, allowing Hensel Phelps to continue to satisfy our owners and project team members," said Ryan Martorano, Senior Estimator, Hensel Phelps Construction Co. "We've already experienced tremendous benefit over the last six months from 5D Virtual Construction, and this new release for 2007 will help us make the usage of this more mainstream in our company."

Responding to increasing demand from the construction industry for information-rich tools to better manage projects, Graphisoft's Virtual Construction suite of products combines modeling, scheduling, estimating and financial analysis in one easy tool, enabling contractors to more quickly and efficiently complete projects. Graphisoft Virtual Construction products have been updated as follows:

In addition, Graphisoft has added to its service offering and now provides an improved Discrepancy Report for more effective and efficient design coordination, facilitated by the MEP Models.

Graphisoft is introducing the new Changes Report which details all changes identified between two releases of design information. The services team uses Graphisoft Change Manager to identify and document changes, saving time and reducing the risk of missing a change.

Graphisoft also offers enhanced subcontractor support during construction phase - ensuring that users realize the full benefits of the Virtual Construction process.

The 2007 Virtual Construction product suite is now available. Additional information including detailed product descriptions can be found at: http://www.graphisoft.com/products/construction/

About Virtual Construction:

Graphisoft Virtual Construction software and services help owners, contractors and subcontractors win more business through the creation of compelling 5D presentations to owners, and reduce the time required to produce estimates during the bidding stage. Project predictability is improved by early identification of problems in design documents and the synchronization of design, cost and schedule to reduce errors and save time.

About Hensel Phelps Construction Co:

Since 1937, Hensel Phelps Construction Co. (Hensel Phelps) has delivered the best value in building services by placing expert construction professionals on every project undertaken. Hensel Phelps is consistently ranked among the top general contractors and construction managers in the nation by ENR (Engineering News Record).