GRAITEC Group News

GRAITEC Group News






05/18/2007

GRAITEC expands its European base by acquiring ADRIS Ltd., a well-established CAD solution provider in the UK


Bièvres, France, May 18th, 2007 - GRAITEC, a major software developer for CAD and structural design solutions for civil engineering, has acquired Adris Ltd., one of the most respected Autodesk resellers in the UK supplying design software and networks. Through this acquisition, GRAITEC intends to boost sales of its GRAITEC Advance solutions in one of the largest AEC markets in Europe. The significant increase in turnover is part of GRAITEC's rapid growth strategy.

Adris Ltd. distributes and is a full service provider for Autodesk productsfor the Architectural, Construction Engineering and Mechanical industry markets. With over 24 years experience,Adris Ltd. has in depth knowledge to develop tailored solutions and then supply, install, support and provide training to help its customers achieve maximum results from their new design systems.

Adris Ltd., a profitable company, has reported revenues of 4,7 million euros for the fiscal year ending October 31st, 2006. The company expects a 5,1 million euros turnover for the current fiscal year ending October 31st, 2007.

From the beginning, when Rob Goddard founded the company and worked on his own, until now, with a team of over 30 employees, Adris Ltd. has established customer service as a key priority. With quality of service, management commitment, and good sales performance, Adris Ltd. has set up well-organized management systems that are ISO 9001 certified to best serve its customer base.

GRAITEC, a leading structural design and CAD solution provider, intends to boost its direct sales network of its GRAITEC Advance software suite with this acquisition. GRAITEC is now entering one of the most strategic and thriving European markets outside of France, Germany and the Czech Republic.

Francis Guillemard, CEO and founder of GRAITEC, commented "The acquisition of Adris Ltd. will enable GRAITEC to offer a complete, high-end design and CAD solution suite to its customers in the UK market. Relying on the expertise of Adris Ltd. in the construction engineering markets and on its customer-oriented approach, GRAITEC intends to strengthen its position as an Autodesk reseller and increase GRAITEC Advance sales".

Rob Goddard, Managing Director and founder of Adris Ltd., added the synergies between Adris Ltd. and GRAITEC will allow us to offer our clients new high-end solutions in addition to our existing products. Our clients will be able to accelerate their drawing creation and they will have access to a complete suite, from structural design to detailing. We are delighted to be part of GRAITEC's leading global organization."

About Adris Ltd.

Founded in 1982, Adris are one of the most successful CAD dealerships in the UK, with customers from all disciplines. Software development has been a major focus in the Adris portfolio and includes specific programs such as space planning using MillerCAD, which was developed to aid Herman Miller furniture sales world wide, and DEX for United House containing Automated Heat Loss calculations and Radiator Sizing.

For more information visit www.adris.co.uk

About GRAITEC

Founded in 1986, GRAITEC is a major software developer for CAD and structural design solutions for civil engineering. Used by more than 10 000 customers worldwide, GRAITEC software has helped in creating outstanding projects: Cśur Défense tower (France), Stade De France stadium (France), Cairo Subway (Egypt), etc.

GRAITEC, celebrating its 20th anniversary in 2007, has over 210 employees and wholly owned operations in 9 countries: France, UK, USA, Germany, Czech Republic, Spain, Romania, Canada and Latin America. This is supplemented by an international network of over 30 resellers in Benelux, China, Greece, Hungary, India, Lebanon, Morocco, Philippines, Poland, Portugal, Russia, South Korea, Switzerland, etc.

For more information on GRAITEC visit www.graitec.com

"GRAITEC" and "Advance" are registered trademarks and are owned by GRAITEC SA and/or its associated companies.


For further information on GRAITEC, please contact:
Christine GABILLOT GRAITEC Group Communications
GRAITEC SA

10 bis Burospace, Route de la Plaine de Gisy, 91572 Bièvres Cedex, France
Tel. +33 (0)1 69 85 56 22
Email: christine.gabillot@graitec.com