Bentley Withdraws IPO Registration

EXTON, Pa.--(BUSINESS WIRE)--Sept. 16, 2002--Bentley Systems, Incorporated today announced that it has applied to the Securities and Exchange Commission to withdraw its April 23 registration statement for its proposed initial public offering.

"In the face of a market that has now apparently turned outright hostile to software company IPO's, Bentley has decided to remove the distractions and restrictions that accompany the IPO process and focus instead on managing our business which continues its growth and profitability," said Greg Bentley, CEO of Bentley. "Bentley management remains confident in the Company's prospects and plans to reconsider the IPO when appropriate market conditions eventually return."

About Bentley

Bentley Systems, Incorporated is a global provider of collaborative software solutions that enable our users to create, manage and publish architectural, engineering and construction (AEC) content. As a part of those solutions, Bentley provides professional services including implementation, integration, customization and training.

For more information, call 1-800-BENTLEY or visit us on the Web at www.bentley.com.

Bentley, the "B" logo and MicroStation are registered trademarks; Bentley SELECT is a registered service mark of Bentley Systems, Incorporated or Bentley Software, Inc. Other brands and product names are trademarks of their respective owners.


Contact:
     Bentley Systems, Incorporated
     Press Contact:
     Michelle Rudiman, 610/458-2798
     
Email Contact



Source: Bentley Systems, Incorporated



Review Article Be the first to review this article
Featured Video
Jobs
Senior Structural Engineer for Design Everest at San Francisco, CA
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Upcoming Events
32nd RCI International Convention and Trade Show at Anaheim Convention Center Anaheim California - Mar 16 - 21, 2017
2017 Spring BIMForum at Sheraton San Diego Hotel & Marina San Diego California - Apr 3 - 5, 2017
GRAPHISOFT: ARCHICAD download 30-day FREE trial
Graphisoft ARCHICAD  Download a 30-Day FREE trial
TurboCAD pro : Start at $299
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy