HOUSTON--(BUSINESS WIRE)--Jan. 27, 2003--Intergraph has acquired
Pelican Forge Software Corporation, Canada, developer of
SupportModeler software for detail design of process plant and
offshore platform pipe supports. Intergraph Canada Ltd. purchased the
shares of the privately-held firm for an undisclosed sum. Pelican
Forge will operate as a wholly-owned subsidiary of Intergraph Canada
Ltd. Current licensing and distribution arrangements are unchanged and
employees will remain in the company's Saskatoon, Canada, office.
Support and development of Pelican Forge software integrated with
Intergraph Plant Design System (PDS(TM)) and Bentley Systems
PlantSpace will continue. The purchase follows a successful reseller
contract signed with Pelican Forge in early 2002. Pelican Forge is the
third significant acquisition since 1999 made on behalf of the
Process, Power & Offshore division of Intergraph Corporation
Kurt Ingenthron, executive vice president and chief technology
officer, Intergraph Process, Power & Offshore, said, "The Pelican
Forge software and specialized expertise are a significant addition to
Intergraph product strengths as well as SmartPlant 3D and PDS
development. It's also the latest example of our successful strategy
of vendor alliances and acquisition of complementary software aimed at
expanding lifecycle coverage of our products."
Rick Retzlaff, manager, Pelican Forge Software, said, "The
acquisition is an opportunity to more closely integrate SupportModeler
with PDS to meet customer needs and preserve their investment in both
products. The structure of the acquisition will also allow us to
continue our commitment to create powerful, flexible and truly useful
software for engineers."
Pelican Forge has more than 30 years of mechanical engineering,
PDS and software development expertise and maintains alliances with
leading global pipe hanger manufacturers. Pelican Forge SupportModeler
and SupportManager enable detail design of both standard and
engineered pipe supports.
Executives of the Huntsville, Ala.-based Intergraph announced the
acquisition at DaratechPLANT 2003, the world's foremost event for
process plant design and engineering IT, which continues here through
Boosting Pipe Support Design Productivity
The Pelican Forge SupportModeler and SupportManager software is
integrated with Intergraph PDS (
www.intergraph.com/ppo/pds) and its
structural module, FrameWorks Plus. PDS is regarded worldwide as the
standard software for process, power plant and offshore design.
FrameWorks Plus completes the structural design, analysis, fabrication
and detailing workflow, to significantly reduce rework and save
The fast placement and full editing functions of Pelican Forge
SupportModeler provide total control of pipe support design. The
non-template fabrication drawing system allows users to communicate
designs with the push of a button for either standard or engineered
supports. SupportModeler improves accuracy through automatic material
take-off and cut lengths, rule checking, integration with the design
process and interference detection. SupportModeler includes extensive
libraries of pipe support components from well-known U.S. and
European vendors, such as Anvil, C&P, Fronek, Lisega, PSL, Unistrut
SupportManager, a batch processing utility for SupportModeler,
speeds administration and deliverable production for large engineering
projects. Users can select multiple models, areas or the entire
project and process them at scheduled times.
About Intergraph Process, Power & Offshore
With nearly a quarter century of industry experience, Intergraph
Process, Power & Offshore enables customers to create, capture and
manage plant information as a strategic asset by providing integrated
life cycle solutions for the engineering, design, construction and
operation of process and power plants as well as offshore oil and gas
facilities. Core brands include the SmartPlant(R) and PDS(TM) (Plant
Design System) suites, the SmartPlant Foundation lifecycle engineering
information management and MARIAN(R) materials, procurement and supply
chain management solutions. Intergraph Process, Power & Offshore
www.intergraph.com/ppo) is the acknowledged global leader in the
plant creation market (Source: Daratech Inc.). A division of
Intergraph Corporation, Process, Power & Offshore is headquartered in
Huntsville, Ala. USA, employs more than 800 people and does business
in more than 60 countries.
Intergraph Corporation common stock trades on The Nasdaq Stock
Market under the symbol: INGR.
Intergraph, the Intergraph logo and SmartPlant are registered
trademarks and PDS is a trademark of Intergraph Corporation. Other
brands and product names may be trademarks of their respective owners.
(C) 2003 Intergraph Corporation.
Software prices, availability, functions, features and
specifications subject to change without notice. Software and services
subject to United States export control laws and regulations. Any
prices quoted are in United States dollars and subject to applicable
taxes and international currency exchange rates. This news release
contains forward-looking statements regarding future events that are
subject to risks and uncertainties. Certain risks and uncertainties of
Intergraph Corporation are discussed in the company's Form 10K filed
with the Securities and Exchange Commission. Copies are available
without charge upon written request to Shareholder Relations,
Intergraph Corporation, Huntsville, Ala. 35894 USA.
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CONTACT: Intergraph Tom Greer, 256/730-3136 Email Contact