Newforma Sales Momentum Continues in Q4 2007

Newforma(TM) Project Center Surpasses 13,000 User Mark; Software Now Managing Information for More Than 24,000 Projects


MANCHESTER, NH--(Marketwire - January 24, 2008) - Newforma, a software company addressing the project information management (PIM) needs of the design and building industry, announced today that it has surpassed 13,000 licensed users as a result of strong fourth quarter sales of Newforma™ Project Center software. Newforma's solution is now licensed for use in more than 200 offices worldwide, including leading firms in Canada, the United Kingdom, Australia, New Zealand and Hong Kong. To date, Newforma Project Center has been used to index and search more than 24,000 active and archived projects in order to help architects and engineers find, share and re-use project information.

Newforma Chief Executive Officer Ian Howell believes that these milestones reflect the tremendous value being brought to firms by Newforma Project Center. "What is really exciting," Howell said, "is that every day we hear stories from our customers about how, thanks to the Newforma solution, they were able to find a critical piece of information which would otherwise still be buried in an old email trail or misfiled somewhere on the company's central file server. Or they'll tell us how a user was able to retrieve and re-use information from a prior project to avoid re-inventing the wheel."

Senior Associate/IT Director Frank Buono, of the Denver-based firm Barker Rinker Seacat Architecture, implemented Newforma Project Center at his firm in 2007. His remarks typify the positive response to Newforma from customers across the industry. "The Newforma Email function probably cuts 50 percent of the time spent filing emails in project folders," Buono said. "With Newforma Info Exchange, it's no longer an IT headache to set up an FTP site. Plus, Newforma's was the easiest enterprise system I've ever deployed. We've implemented several major, enterprise-wide packages in the past 12 months. The Newforma solution is the only one that had people up and running in 48 hours."

Barker Rinker Seacat has licensed the complete Newforma Project Center solution for all members of the firm. "Some scoff at the per-user cost," Buono said, "but when I weigh it against productivity per employee, it delivers more than enough bang for the buck to justify the investment. Newforma costs far less on an annual basis than developing and maintaining our own solution, whether we would use Microsoft SharePoint® or some other technology."

Newforma CEO Howell also cited two key areas that illustrate the critical need for practical and reliable project information management: the need to create audit trails in case of future litigation, and the need to document information in the course of obtaining approvals such as LEED certification. Howell said, "With building and infrastructure projects becoming increasingly complex, project delivery deadlines becoming more compressed and with ever-more pressing requirements to track project information, firms need a PIM solution that complements existing work processes, has zero impact on existing IT infrastructure and can be assimilated very rapidly by everyone involved in projects across the firm."

The following is a sample of new customers who licensed Newforma Project Center in the fourth quarter of 2007:

Architecture firms -- partial list

Cetra/Ruddy Incorporated
Everton Oglesby Architects
Hamilton Anderson Associates
Helman Hurley Charvat Peacock/Architects, Inc. (HHCP)
Hnedak Bobo Group
Hobbs + Black Architects
Hodges & Associates
Hoefer Wysocki Architects
JRA Architects
Loebl Schlossman & Hackl
Marks, Thomas Architects
M+H Architects
Nadel
RMW Architecture & Interiors
Secord & Lebow Architects (SLA)
The SLAM Collaborative
Steinberg Architects
Thomas P. Cox: Architects, Inc. (TCA)
Visions in Architecture

Engineering firms -- partial list

Baldridge & Associates Structural Engineering (BASE)
BP Barber
Hankins & Anderson
H.H. Angus & Associates Limited
Larson Engineering, Inc.
Montgomery & Associates
Pierce Engineers, Inc.
Ring & DuChateau, Inc.
The RMH Group
Sain Associates

Architecture & engineering firms -- partial list

EwingCole
Fanning Howey
Hammel, Green and Abrahamson, Inc. (HGA Architects and Engineers)
Mead & Hunt

For testimonials by Newforma customers, visit www.newforma.com/customers/overview.htm. For more information about Newforma Project Center software, visit www.newforma.com/track-discover.htm. For more information about licensing and deployment options, visit www.newforma.com/express.

About Newforma

Newforma is a software company serving architecture, engineering, construction and owner/operator (AECO) organizations worldwide. Its mission is to develop and market software solutions which significantly improve the productivity of the building project team by streamlining work processes, reducing exposure from errors and omissions, improving coordination and communication, and enabling greater repeatability of project success. Newforma™ Project Center, Newforma's flagship product, creates a more productive environment for project managers and the project team by organizing project information, facilitating information sharing, and enabling more effective project process. Newforma Project Center is currently implemented in hundreds of offices to help manage thousands of projects in industry-leading AECO firms. For more information about Newforma, visit www.newforma.com or phone +1 (603) 625-6212.

© 2007 Newforma, Inc. Newforma is a 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 978-597-3377 Patrick Gillam 603-625-6212 ext. 349