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New Graphisoft Headquarters in Budapest:

Laying of the Cornerstone

Budapest, June 13th, 1997

Ranking 5th among top AEC (architecture / engineering / construction) software vendors worldwide, Graphisoft, well-known for its successful architectural design solution, ARCHICAD, founded its new headquarters in Budapest in May, 1997. Graphisoft, with a US$19M turnover in 1996 and a plan of US$25M for this year, has been giving top priority to the company's international presence since 1982, the company's foundation. From 1989 Graphisoft opened offices in the U.S., Germany, Japan and Hong Kong. New subsidiaries will open in London and Madrid in June this year. ARCHICAD is distributed by independent partners in over 80 countries worldwide.

Dramatic market growth demands a similar development of the R&D base. The company wants to secure its uninterrupted progress away from the city's noise, in an environment that is quiet but easily accessible. The new headquarters were designed to be a creative workshop of human proportions, similar to software development centers worldwide that are separate from hardware-oriented, gigantic high tech industrial parks.

The site chosen for the Graphisoft Park in Obuda in 1996 satisfies these needs and demands. Graphisoft purchased an area of seven hectares (72 654 sq.m. / 17.95 acres) from the City of Budapest, part of the former site of the

Industrial Gas Factory on the Danube bank. Considering the advantages of the site it was anticipated that beyond the new Graphisoft headquarters several other companies of similar profile may also be attracted to the Park and the architectural design of the Graphisoft Park reflects this projection.

In order for the built environment to conform to Graphisoft's expectations, the new zoning plan allows only 15% of the site to be covered with buildings instead of the original 30%. At the completion of the project an approximate office area of 20,000 sq.m. will be available. In the first phase, until May, 1998, 5.000 sq.m. of office and the landscaping of the whole site will be completed.

The seven hectares of the Park will accommodate a pond, restaurants, and a recreation center with tennis courts and saunas. A parking area for 400 cars will be built, even a jetty on the Danube for staff or guests arriving by boats.

Graphisoft will occupy more than half of the available office space in the high tech red brick buildings that were designed to be in visual harmony with the protected historic industrial buildings of the site. The first company to rent offices in the Park is Honka, a loghome construction firm from Finland, one of Graphisoft's most important customers, who will move their design department here. Already in the first phase two further detached office buildings will be offered for rent.

For more information please contact:

Sales & Marketing Dept.
Phone: (36.1) 467 3010
Fax: (36.1) 467 3099