Bricsnet Positioned in the Leaders Quadrant for Integrated Workplace Management Systems Magic Quadrant 2005

SAN FRANCISCO—(BUSINESS WIRE)—Jan. 18, 2006— Bricsnet, a global leader of Real Estate Lifecycle Management positions, today announced it has been positioned by Gartner, Inc., in the leaders quadrant in the "Magic Quadrant for Integrated Workplace Management Systems, 2005" report (source: Magic Quadrant for Integrated Workplace Management Systems, 2005; by Michael A. Bell; December 20, 2005).

According to Gartner, "leaders" are vendors who are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market.

"We are pleased the top analyst firm positions Bricsnet in the leader quadrant for Integrated Workplace Management Systems," said Farid Jinian, CEO of Bricsnet. "We're proud of our heritage as pioneers in this industry, and our technological excellence and vision has been unmatched in this space. We feel this confirms our success in becoming a highly service-oriented company and in our constant commitment to elevate our platform to the very best in enterprise applications and Internet technology. Our customers are taking advantage of the value that enterprise-wide integration around corporate real estate operations offers, and the much greater control BuildingCenter provides them in making better business decisions."

Over the last year, Bricsnet has put in place a new management team that has rapidly transformed the technology and service capabilities of the company. In October, the company announced the Sierra release 3.8 of its flagship product, BuildingCenter(TM), a web-based Integrated Real Estate Lifecycle Management solution that gives companies greater control over their real estate assets and operations. BuildingCenter 3.8 marks an industry shift to a new web-based platform architecture of leading-edge technologies such as Java and AJAX that dramatically improves the user interface, user configurability, and the speed and flexibility of the user experience.

Real estate assets and operations comprise the second-largest expense for most companies. Bricsnet believes the IWMS market is slated for strong growth over the next several years, due in part to its own leadership role in advancing the industry away from proprietary point solutions to an integrated, web-based, 24/7 global view of real estate assets and operations.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Bricsnet

Founded in 1986, Bricsnet provides software solutions that help organizations achieve greater control over their real estate assets and operations to make better business decisions. With offices in the United States and Europe as well as distributors in Japan, Europe and Israel, Bricsnet solutions have been adopted by corporations and major real estate organizations around the world, including Deutsche Bank, AAA, American Express, Marriott International and CB Richard Ellis.

For more information on Gartner, Inc., visit http://www.gartner.com/

For more information on Bricsnet, visit http://www.bricsnet.com/

BuildingCenter(TM) is a trademark of Bricsnet.



Contact:
Bricsnet
George Levy, 415-505-3397

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