29 Construction Growth in Dubai Prompts Meridian SystemsTecnoserve...

March 9, 2005 -- Meridian Systems(R), an enterprise solution provider for optimizing the plan, build and operate phases of real estate, construction and other infrastructure programs, has formalized a partnership agreement with Tecnoserve FZ-LLC, professional services provider headquartered in Dubai Internet City and serving the AEC industry in United Arab Emirates, Bahrain, Qatar, Oman, Saudi Arabia and Kuwait. Tecnoserve will distribute the Prolog(R) Application Suite as well as Proliance(R) and provide professional consulting, training and technical support services for these offerings.

After more than a decade of developing project and program management solutions, Meridian has established a reputation for innovative products and market leadership within the infrastructure lifecycle management (ILM) market. According to Meridian Chief Executive Officer Jim Olsen, "Meridian has invested heavily in our product portfolio, and we greatly value the services of our partners who round out our solutions by offering education, integration and other added value services. Tecnoserve is a well-skilled and knowledgeable partner and enables Meridian to expand market share in the Middle East while better serving the business goals of our existing clients in that region."

Tecnoserve is headed by technology industry veteran Klaus Heffels, who is the organization's owner and CEO. With more than 19-years experience in technology and strategic development within small and large enterprises, Heffels has served in several senior executive positions and as a trusted advisor and management consultant to numerous multinational companies in the IT and telecommunications industry. Heffels also worked extensively with Meridian clients and solutions as the former Managing Director/General Manager for Meridian Systems in EMEA. The Tecnoserve team is equally qualified with extensive business process and large-scale software implementation expertise coupled with knowledge of the industry and the Middle Eastern AEC market.

Stefan Kempf is Technoserve's managing director. Kempf has served as Managing Director for the Institute of Process Optimization and Information Technologies in Berlin, Germany. He spent the last four years as Managing Director of the Dubai-based company Information Technology Services & Consulting, and has extensive knowledge about the Middle East market.

"There is no question that Dubai has become a city of impressive facilities," said Heffels. "Dubai's Department of Economic Development is reporting a 29 percent growth in construction during 2004-with more than 1,000 high-rise structures and retail, recreation and transportation centers still to come. ILM solutions from Meridian streamline the processes needed to bring that growth to fruition and to optimize the creation and ongoing management of these facilities. Tecnoserve is proud to assist the region as it undergoes this rapid growth. There are already several major projects we are working on and the demand for Meridian's products and Tecnoserve's services is simply incredible."

Prolog currently holds market leadership as the AEC industry's most powerful desktop application for automating day-to-day construction tasks and processes from project design to close out. Proliance uniquely combines project and portfolio management functionality, facilities management, business process management and business analytics to offer complete ILM in one, comprehensive solution. Proliance allows facility and infrastructure-related businesses to better manage the thousands of details inherent in building and operations projects, while providing senior executives a summary status of overall programs. The innovative technology platform of Proliance utilizes Web Services and XML schemas to combine scope, budget and schedules in one solution to significantly improve the management of infrastructure programs and the way facility and infrastructure-related organizations service their clients.

About Tecnoserve FZ-LLC

Headquartered in Dubai and serving United Arab Emirates, Bahrain, Qatar, Oman, Saudi Arabia and Kuwait-Tecnoserve is responsible for distribution and implementation of Meridian Systems' software products Prolog and Proliance to the AEC industry. Tecnoserve's management has extensive experience in operating businesses in this region, in software distribution and service delivery, and in the practices of the AEC industry. Tecnoserve has aligned itself with large system integrators for Proliance implementation services.

Tecnoserve's targets are, 1) to develop the enormous potential of the regional growth in construction; 2) to deliver products, solutions and professional services of the highest standards; and 3) to become the major software provider to the AEC industry of the Middle East. Contact Tecnoserve by telephone at +971 4 391 00 87, or email via e-mail protected from spam bots. Also visit the company's website at www.tecnoserve.com.

About Meridian Systems

Meridian Systems provides enterprise solutions that optimize the plan, build and operate phases of real estate, construction and other physical infrastructure initiatives. Meridian solutions are used by more than 8,500 of today's large building owners, government agencies, and engineering and construction firms to improve top-line revenue growth while reducing their capital construction costs. Meridian uniquely provides both traditional software and hosted ASP solutions, and ranks as a market share leader in project management software among general contractors with over $100 million in revenue*. Meridian has an impressive track record of revenue growth over its 11-year history, and has been repeatedly recognized as a Constructech Hottest Technology company. Meridian is headquartered in Folsom, Calif. For more information, call Meridian at 1-800-850-2660, or go to www.meridiansystems.com.

*Statistics excerpted from CFMA's 2004 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000.

Meridian Systems Contacts

Shara Perkins, Public Relations Specialist

(916) 294-2068, e-mail protected from spam bots

Sue Watkins, Director of Marketing

(916) 294-2136, e-mail protected from spam bots

Meridian Systems and the Meridian Systems logo are the property of Meridian Systems, Inc. All other company and product names may be trademarks of their respective owners. Copyright 2005 Meridian Systems, Inc. All rights reserved.

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