netGuru Inc. REI Division Adding Corporate Accounts; Fourteen STAAD.Pro Corporate Clients Signed During Last Six Months
October 13 2005 - 11:56AM
Business Wire
netGuru, Inc. (Company) (Nasdaq:NGRU) engineering software division
REI added fourteen new STAAD.Pro corporate accounts during the
first six months of the Company's fiscal-year 2006, which began
April 1, 2005. Under three-year licensing/use agreements, the new
corporate clients -- including Bechtel Corporation with more than
100 users located in offices worldwide -- have adopted STAAD.Pro as
their default program for structural analysis and design tasks. The
agreements include flexibility to increase the number of users
without added cost, and support tasks such as installation,
maintenance, upgrades, security, and renewal can be managed from a
client's single, centralized location. STAAD.Pro corporate accounts
have access to all STAAD software, including STAAD.foundation for
analyzing and designing mat foundations and pile caps and footings;
STAAD.etc, a collection of structural design programs for retaining
walls, masonry wall, base plates, etc.; STAAD.beam, a new product
that analyzes, investigates and optimizes multi-span composite
beams with web openings; Sectionwizard, a section property
calculator; and more than 60 international steel and concrete
design codes to accommodate the needs of multi-national companies
engaged in overseas contracts. In addition to Bechtel, corporate
clients added during the last six months include, among others,
Aker Kvaerner; DMJM Harris; Hayes, Seay, Mattern & Mattern; LEO
A. DALY; New York State Department of Transportation; and Shaw
Stone & Webster. netGuru Chairman and Chief Executive Amrit Das
commented: "STAAD.Pro corporate accounts provide access to the
broad range of STAAD products and offer important administrative
and operational efficiencies for clients. STAAD.Pro is also an
excellent training tool and, as the industry standard, provides the
means for our corporate clients to implement effective working
relationships with their business partners. These advantages are
resulting in growing use by architecture, engineering, and
construction companies worldwide." About netGuru netGuru is an
engineering information technology and services company offering
engineering analysis and design software, collaborative software
solutions, and professional and technical information technology
services and support to businesses worldwide. netGuru serves its
global markets and clients through offices located in the United
States, Europe, Asia, and the Middle East, and through distributors
in 40 countries. The Company licenses its engineering software and
solutions to more than 19,000 businesses in 100 countries. For more
information please visit www.netguru.com. Safe Harbor Statement
under the Private Securities Litigation Reform Act of 1995: With
the exception of historical or factual information, the matters
discussed in this press release, including terms of the corporate
account agreements, features and performance of the STAAD family of
software, benefits of the corporate accounts, relationships with
clients and their customers, acceptance and use of STAAD software,
and growth of STAAD usage, are forward looking statements that
involve risks and uncertainties. Actual future results may differ.
Factors that could cause or contribute to such differences in
results include, but are not limited to, ability of the parties to
perform under their agreements, demand for engineering and design
software, competition, and other factors discussed in the "Risk
Factors" Section of netGuru's Form 10-KSB for the fiscal year ended
March 31, 2005, and other filings made with the U.S. Securities and
Exchange Commission.
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