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Shanghai Baosteel Selects Bentley's DigitalPlant as its 3D Plant Design Solution

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Bentley Systems Inc.
690 Pennsylvania Dr.
Exton, PA, 19341
USA



Press release date: April 26, 2006

Company Will Use the Software To Support Design Work in the Iron and Steel Industry

Beijing, China - 2006 Global Construction Summit - April 26, 2006 - Bentley Systems, Incorporated today announced, at this gathering of more than 400 construction executives and government officials, that Shanghai Baosteel Engineering and Technology Company, Ltd. (BSEE) has chosen Bentley's DigitalPlant as its principal 3D plant design software.

BSEE provides state-of-the-art engineering and technology for parent company Shanghai Baosteel Group Corporation, the largest iron and steel conglomerate in China. Its services include planning, research and development, plant design, equipment design, equipment manufacture, integration of equipment, technical assembly, general contracting, and technical advisory.

"We were looking for a 3D design solution that could help us reduce errors during the design process, increase the quality of our projects, and reduce costs during construction," said Mr. Hua Yue , IT manager of BSEE. "Bentley's Plant Space Equipment software, within the DigitalPlant solution, satisfies these requirements in the target projects."

"Bentley's focus on providing users with a high return on their software and information investments is in keeping with our own corporate goals," added Mr. Hua Yue, "as is its commitment to reducing waste in IT workflows through software interoperability. These strategic advantages will help us become an even more successful design organization, and increase our ability to secure more projects from Baosteel Group."

Said Mr. Sun Gang, territory executive, Greater China, Bentley Asia Operating Unit, "We are quite proud to welcome the BSEE organization to the Bentley user community. BSEE's reputation for providing quality, innovative engineering and technology to the iron and steel industry is widely recognized. I'm confident DigitalPlant's comprehensive solutions for the distributed enterprise will further enhance this reputation, while increasing BSEE's productivity and competitive edge."

BSEE was looking for a design solution that also offered scalability, ease of use, and excellent support - standard features of all DigitalPlant solutions, including the PlantSpace Equipment product it selected. Moreover, the company wanted a supplier with a proven track record in infrastructure design and a broad range of product offerings. Bentley's more than 21 years of experience in infrastructure software and comprehensive portfolio for the plant, building, civil, and geospatial verticals more than met that requirement.

"It will be our pleasure to serve BSEE's complete infrastructure software needs," added Mr. Sun Gang. "Our goal will be to help BSEE work faster and better as it becomes a more agile, efficient organization through its use of Bentley's DigitalPlant solutions."

About DigitalPlant

Bentley's DigitalPlant portfolio provides comprehensive solutions for the distributed enterprise. It includes applications for front-end engineering design, detailed design, engineering, and analysis, construction commissioning and handover, and operations and maintenance, as well as light clients for query, view, redline, visualization, data quality management, and engineering change management - all of which can be used across a globally distributed enterprise. It also includes the ProjectWise range of collaboration servers for connecting, managing, and finding all engineering information throughout the plant lifecycle and across the distributed enterprise. For more information on Bentley's DigitalPlant portfolio, visit bentley.com/digitalplant.

About Shanghai Baosteel Group Corporation

Shanghai Baosteel Group Corporation is a large iron and steel conglomerate established on November 17, 1998, with the former Baoshan Iron and Steel (Group) Corporation as the core, and absorbing the former Shanghai Metallurgical Holding Group Corporation and the former Shanghai Meishan Group Co., Ltd.

Baosteel has a registered capital of 45.8 billion yuan. It has 22 wholly-owned subsidiaries (including nine overseas subsidiaries) and 14 holding companies (including two overseas subsidiaries) and 24 equity-sharing companies. Among the wholly-owned subsidiaries and share holding companies, 11 are iron and steel companies, two financial companies, and eight trading companies.

Baosteel is one of the most profitable steel enterprises in the world enjoying international competence, and its annual production capacity is about 20 million tons. Baosteel produces high demand products in the domestic and international market. Baosteel was ranked No. 372 on Fortune magazine's list of 2003 Global 500, and became the first of its kind in the competitive industry and the manufacturing sector in China to enter the world's top 500 enterprises. For more information, visit www.baosteel.com.

About the 2006 Global Construction Summit

The 2006 Global Construction Summit is co-organized by McGraw-Hill Construction, parent of Engineering News-Record and Architectural Record, and the China International Contractors Association. The event draws senior executives from leading real estate developers, contractors, design firms, financiers, and government agencies from around the world. Attendees will share best practices and brainstorm solutions to problems in the increasingly global $4.2-trillion construction marketplace.

As the third largest construction economy in the world, China's rising position in the construction industry attracts undivided attention from the world and calls for Beijing as the host city. Endorsed by Ministry of Construction and Ministry of Commerce of China, Beijing Municipality, and supported by leading industry organizations in both the United States and China, the 2006 Global Construction Summit promises to be informative and educational for industry professionals, and serves as a major networking event in China for key decision makers. For more information, visit www.construction.com/event/beijingsummit.

Bentley COO Malcolm Walter will address the entire assembly at the Wednesday-evening dinner preceding the Awards Ceremony of ENR Top 225 International Contractors and Top 200 International Design Firms, and Awards Ceremony of "People of the Year in International Construction."

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 verticals spans architecture, engineering, construction (AEC) and operations. With 2005 revenues of $336 million and more than 2,000 colleagues around the world, 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 www.bentley.com/bentleywire. For more information, visit www.bentley.com. To view a copy of Bentley's June 2005 Annual Report online, go to www.bentley.com/june2005annualreport.

Christine Byrne Media Relations manager Bentley Systems, Incorporated Tel: 203-805-0432 E-mail: christine.byrne@bentley.com
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