Bentley Systems, Incorporated

Bentley Systems, Incorporated

May 20, 2005 10:29 ET

Bentley Acquires Optram; Adds Enterprise-Class Software for Railway Track Maintenance to Portfolio

EXTON, Pa.--(CCNMatthews - May 20, 2005) -

Bentley Systems, Incorporated today announced that it has acquired Optram, Inc., a Massachusetts-based leading supplier of software for railway track maintenance. Optram's users are some of the largest freight and passenger operators in the world, including AMTRAK, CSX, New Jersey Transit, Washington Metropolitan Area Transit Authority (WMATA), and the San Francisco Bay Area Rapid Transit District (BART).

"Optram represents an exciting expansion of our solutions for the rail industry," said Greg Bentley, CEO of Bentley Systems. "Its ORIM family of products extends our operations and maintenance offerings with a proven and highly cost-effective solution for the rail and transit operators."

Said Ted Selig, founder, CEO, and chairman of Optram, "Owner-operators of the rail infrastructure must place increasing emphasis on management strategies for their prime asset - the rail corridor. We provide unique IT capabilities to help them achieve their goals."

Added Noah Eckhouse, president and COO of Optram, "As part of Bentley, we will be able to reach around the globe with our capabilities, offer a much broader array of IT services, and enable our users to take advantage of a comprehensive portfolio of rail software. At the same time, we look forward to expanding our successful relationships with other solutions providers and systems integrators to implement enterprise solutions."

The Optram Railway Infrastructure Management System (ORIM) uses operational and engineering data to prioritize and schedule maintenance tasks, minimizing costs and track downtime while maximizing reliability, safety, and asset life. It integrates existing rail corridor information including work history, infrastructure condition, traffic usage, and environmental influences.

Users of ORIM and its focused maintenance approach have shown a 10-23 percent reduction in maintenance costs - saving millions of dollars and generating a very significant ROI - and reductions in safety exceptions by as much as 95 percent. Other Optram users employ ORIM to develop mission-critical applications such as managing track tolerance, emergency response, and track charts.

About Optram

Optram, Inc., which is based in Maynard, Massachusetts, provides ORIM, the industry's leading railway infrastructure maintenance-of-way management platform. The patented solution provides rail operators, including freights, transits, short-lines, and commuters, with a proven approach to enhance operating levels of safety, reliability, and profitability. ORIM enables rail customers to transition their maintenance practices from a generalized, reactive run-to-fail approach to a highly targeted, proactive maintenance-planning model. The result is increased revenue traffic capacity without increased costs, improved system reliability, reduced maintenance occupancy and cost, and improved system safety. For more information, visit http://www.optram.com.

About Bentley

Bentley Systems, Incorporated provides software for the lifecycle of the world's infrastructure. The company's comprehensive portfolio for the building, plant, civil, and geospatial vertical markets spans architecture, engineering, construction (AEC) and operations. With 2004 revenues exceeding $300 million, Bentley is the leading provider of AEC software to the Engineering News-Record Design 500 and major owner-operators.

To receive Bentley press releases as they are issued, visit http://www.bentley.com/bentleywire. For more information, visit http://www.bentley.com.

Bentley, the "B" logo, BE, and Optram Railway Infrastructure Management System are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly-owned subsidiaries. Other brands and product names are trademarks of their respective owners.

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