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Graphisoft Fortifies Its Vital Position in Asia

Strong new partners sign on in Hong Kong and Korea

International - November 10, 1999

Graphisoft® (Frankfurt Neuer Markt: GPH), developer of ARCHICAD and the revolutionary Virtual Building™ concept of 3D architectural design, announced today that it has taken several important steps to capitalize on the current sales momentum and ensure continuing success in Asia.

Since the opening of Graphisoft Hong Kong in 1996, ARCHICAD has progressively gained footing in Hong Kong's architectural market. The solid user base prompted the Company's decision to now entrust a strong local partner with retail sales responsibility. As of October 1999, Powerwave Co. Ltd. has taken over ARCHICAD sales and distribution activities from Graphisoft Hong Kong.

Powerwave's 10 years of experience in the hardware, networking services and software industry yielded important contacts throughout Hong Kong, including government offices and corporate clients. With offices in five major Chinese cities (Beijing, Shanghai, Nanjing, Guangzhou and Shenzhen), Powerwave is ideally suited to become a regional ARCHICAD center in the future.

To further educate the local architectural community about ARCHICAD's unique 3D model based "Virtual Building" design approach, Graphisoft recently held a seminar at the Hong Kong Institute of Architects (HKIA). The event, which was very well-attended and drew HKIA members from major architectural offices as well as government agencies, informed participants about the current paradigm shift from a reliance on traditional 2D drafting to fully integrated, object-oriented 3D CAD solutions like ARCHICAD.

Based on its dedicated staff and deep understanding of the Korean architectural market, Samkun Verycle Co. Ltd. was recently recruited as a new ARCHICAD distributor in Korea. Samkun Verycle has already completed their first major sale to Samsung Housing Institute, where the initial 10 licenses of ARCHICAD will be used to design large apartment complexes.

"I've been fascinated with ARCHICAD since I first saw it nearly 10 years ago and closely followed its development. We are convinced ARCHICAD will become the standard design tool in the near future," said Choi Cheolho, director of Samkun Verycle's CAD division.

Samkun Verycle began as the in-house architectural solution provider of the Samsung corporation, but has been independent since 1998. They are currently planning a roadshow to promote the release of ARCHICAD 6.5.

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