Vico Software and Newforma Announce Partnership

BOULDER, CO and MANCHESTER, NH--(Marketwire - September 24, 2009) - Vico Software, the leader in 5D Virtual Construction™, and Newforma®, a software company addressing the project information management (PIM) needs of architecture, engineering and construction firms, have announced a partnership to jointly develop product integration between their 5D-BIM and PIM solutions. The partnership will utilize, as its strategic basis, the agcXML schema for open data exchange between Vico Office™ and Newforma® Project Center to execute requests for information (RFIs) and to coordinate the change management process.

The Associated General Contractors of America (AGC) developed agcXML as a framework to facilitate the reliable exchange of digital project data for construction. "Allowing professionals to openly share key project information will deliver enormous efficiencies and savings for architects, engineers, contractors and project owners," says AGC Chief Executive Officer Stephen Sandherr. "Partnerships like this are essential to converting the promise of improved data exchange efficiencies into a reality that saves the construction industry millions of dollars every year."

Newforma Chief Executive Officer Ian Howell welcomes the opportunity to partner with Vico Software to provide closed-loop work processes for all members of the AEC project team through a product integration strategy based on the agcXML specification. "The need to share project information more openly to meet the transparency requirements of integrated project delivery, or IPD, demands a new approach to the role that RFIs and change orders play in the design and construction process. These processes need to transition away from being the tools of adversaries that have traditionally been used to claim extras into being vehicles for the timely communication of rich building information that facilitates decision-making by a shared accountability team."

"Partnering with Newforma to link upstream project delivery workflows with our Virtual Construction solutions will provide real value for our customers," says Vico Software Chief Executive Officer Mark Sawyer. "Our joint implementation of the agcXML schema as a common framework will allow us to tie the transactional information being captured in Newforma Project Center to our Vico Office suite to quickly determine the cost and schedule impact of changes."

About the Associated General Contractors of America

AGC is a full-service national trade association with a network of chapters representing more than 33,000 leading firms in the industry, including general contractors, specialty contractors, service providers and suppliers. For more information about AGC visit www.agc.org. For more information about agcXML, visit http://www.buildingsmartalliance.org/index.php/projects/activeprojects/24.

About Vico Software

Vico Software, Inc. provides software and services to the building construction industry. Building owners, general contractors and construction managers use Vico software and services to reduce risk, manage costs and optimize schedules on complex building projects. Vico's 5D Virtual Construction™ solutions pioneered the category of BIM for construction, and they remain the industry's most integrated approach to coordination, quantity takeoff, cost estimation, project scheduling and production control. The new Vico Office product suite continues this tradition, making it possible to leverage many important BIM file formats such as Autodesk Revit, Tekla, ArchiCAD, and IFC. The benefits of Vico solutions and services have been proven on hundreds of building projects to date. For more about Vico Software, visit www.vicosoftware.com, or phone +1 978-882-0170.

About Newforma

Newforma is a software company serving architecture, engineering and construction (AEC) organizations worldwide, and the owners they serve. Its mission is to develop and market project information management (PIM) solutions which improve responsiveness to clients, mitigate risk, streamline project execution, raise productivity and facilitate integrated project delivery (IPD). Newforma® Project Center, Newforma's flagship product, is the industry's first comprehensive PIM solution to organize and share project information, drive accountability, raise transparency and streamline project delivery processes. Newforma Project Center is currently implemented on over 200,000 projects in industry-leading AEC firms. For more information about Newforma, visit www.newforma.com, or phone +1 603-625-6212.

© 2009 Newforma, Inc. Newforma is a registered trademark of Newforma, Inc. in the United States and in other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Contact Information: Contacts: Kelly Murray +1 978-597-3377 Holly Allison +1 978-882-0170 x118