VANCOUVER, BC - December 12, 2006 - AfterCAD Software Inc. & OrbytSoft Communications today announce the successful completion of their merger. The merger brings together the deep vertical knowledge and patent portfolios of both companies (CAD & Semantic Web) which together form the new AfterCAD Software.
The OrbytSoft Merger gives AfterCAD crucial knowledge and Patent IP in the fields of Semantic Web Technology and Ajax Portal creation. "Now we have the ability to create our true AJAX knowledge-portal turnkey solution, AfterCAD Enterprise” Said Chris Boothroyd, CEO of AfterCAD Software. "The application of Semantic Web technologies to the CAD industry and specifically to the areas of BIM and Manufacturing will change the very nature of Functional CAD solutions.” Adding Semantic Web technology will allow AfterCAD Software, for the first time, to capture the contextual and conceptual methods present in CAD & GIS and to successfully leverage these across how things are designed, built, sold and used.
Scott Michaels, Director of OrbytSoft Communications said "This merger presented a massive opportunity for us and validates our belief that Semantic Web Technologies, hailed as Web 3.0, are here and will need to be reckoned with in all areas of IT. It is really exciting to see our technologies applied in such a massive vertical like CAD & GIS and now we also have the resources to pursue other non CAD verticals with the technology including the next generation of content management and search technologies."
For further information regarding AfterCAD and AfterCAD products, please contact AfterCAD Software.
About AfterCAD Software
AfterCAD Software is a leading provider of innovative products and solutions that enable organizations to integrate their XML and CAD data. Our approach creates a platform where business data and CAD data can be merged together without compromise so that all users have everything at their fingertips. We are dedicated to using the latest development and programming technologies to create unique products and services for your consumer base. Many diverse industries utilize our products and custom engineering services including Facilities Management, Inside/Outside Plant Management, Telecom, Parts Catalogs and Auto/Aero Manufacturers.
For more information, visit www.aftercad.com
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Mike Lebow
AfterCAD Software Inc.
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