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Graphisoft, EBICON Announce Plans for Strategic Internet Cooperation

Firms Sign Letter of Intent, Aim for Leadership Position in the Online Market

Budapest/Munich/Bensheim, September 7, 2000 - Graphisoft and Internet software developer EBICON announced today that they have signed a Letter of Intent for an Internet-based collaboration in the architecture and building industry. The companies will integrate their technologies and develop optimized software solutions in order to gain leadership position in this booming market segment.

"Our technology is ideally suited to work in an Internet-based environment," said Vice President Johannes Reischböck, managing director of Graphisoft's German subsidiary. "Our aim is to provide the optimal online solution for architecture and the building industry. To achieve that, we are looking to form the right alliances within the industry. In EBICON, we have found a great strategic partner with a complementary technology."

The planned cooperation includes signing OEM (original equipment manufacturer) and marketing agreements. EBICON will use Graphisoft's GDL Object Technology in its business solutions while Graphisoft will include EBICON's Draw Internet drawing tool in its product portfolio. The first phase of the joint activity will target the architectural and facility management segments. While the parties plan to discuss the possibility of formal business agreements at a later time, the present cooperation involves no financial commitment.

EBICON was founded in 1999 and its headquarters are based in Bensheim. The Internet software provider specializes in the development of integrated and scalable e-business solutions for interactive business processes. The software technology developed by EBICON - comprising intelligent product configuration tools, Internet ready drawing tools and interactive catalogue and shop systems - is currently one of the most efficient and powerful platforms for open Internet strategies. The company has 25 employees and expects a turnover of 2.5 million German marks for the current financial year. )