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Accruent Signs Strategic Alliance with
GraphiSoft and ComTek
Santa Monica, Calif., April 30, 2004 – Accruent, Inc., the leading provider of contract management solutions, announced today that it has signed a strategic alliance with GraphiSoft and ComTek CADD Company.
With the upcoming release of Real Estate Manager (REM) 5.1.1, Accruent will be embedding GraphiSoft's product, Drawbase®, into Facilities Manager a module within Accruent's Real Estate Manager suite.
REM is a comprehensive, end-to-end software solution for managing the entire real estate lifecycle: from acquisition to disposition.
Facilities Manager is one of five modules within REM. Facilities Manager will be powered by Drawbase, the leading CAFM (Computer Aided Facilities Management) software solution. Drawbase is an all-in-one software solution used to design, draw, track, and manage facilities. Drawbase will be seamlessly integrated into REM. It is an optional module that will be sold and supported by Accruent.
ComTek CADD Co. is a System Integrator specializing in Drawbase implementations. As a result of the GraphicSoft alliance, Accruent has also formalized a partnership with ComTek to provide professional services associated with the implementation and utilization of Drawbase.
"Forging effective relationships is the foundation of our business," said Evan Kontos, CEO of ComTek CADD. "The partnership between Accruent and ComTek CADD is the ideal way for two companies with expertise in their respective fields to join forces to offer a one-of-a-kind solution."
States Mark Friedman, CEO of Accruent "We worked with Evan and the ComTek team during an implementation with Andarko. We are looking forward to working side-by-side on many more future implementations."
Accruent solutions enable industry leaders to transform “fixed” contract costs into cash that goes directly to the bottom line. The Company provides its customers with precisely the right mix of software and services to support their immediate and long-term business goals. Our comprehensive cmSuite delivers immediate results, rapid ROI, and lasting benefits.
Accruent's flagship product, cmSuite, is a complete suite of contract management solutions. cmSuite helps mid-market and large global enterprises transform fixed costs into manageable business expenses. Currently, more than 150 Global 2000 companies rely on Accruent's cmSuite for enterprise-wide contract management and visibility.
Founded in 1995, Accruent is the leading provider of contract management solutions for Global 2000 companies. Our solution enables companies to create a single view of all the contractual commitments that exist throughout their organizations. Accruent's contract management solution provides tangible business benefits to companies, including improved visibility, lower costs, reduced risk and exposure and streamlined contract creation. That's why more than 150 leading companies - including Bristol-Meyers Squibb, Chubb, Consolidated Edison, Eaton, Mellon Financial, Pfizer, Rite Aid, Siemens and Viacom - use Accruent solutions to boost profits and
generate cash. More information about Accruent is available at www.accruent.com.
Graphisoft® is a leading provider of design and management 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 ten offices worldwide in addition to its headquarters. ArchiCAD®, ArchiFM® and other Graphisoft products are used by over 100,000 architects, facility managers and building professionals all over the world. Shares of Graphisoft are traded on the Budapest (GRAPHI) Stock Exchange. More information about Graphisoft is available at www.graphisoft.com.
ComTek CADD Company is a business partner and software developer of CAFM solutions. Founded in 1988, the company specializes in integrating CAFM and CMMS solutions into existing legacy environments. ComTek has successfully completed hundreds of installations with a variety of industries including healthcare, government and education. More information about ComTek CADD Company is available at www.comtekcadd.com.