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BUZZSAW.COM REACHES MILESTONE AFTER JUST ELEVEN WEEKSCOMPREHENSIVE ONLINE HUB FOR THE BUILDING INDUSTRY NOW HOSTING MORE THAN 2,000 PROJECTSSAN FRANCISCO, Jan. 18, 2000 - Remarkable growth rate validates the company's vision of a faster, more profitable way to work. buzzsaw.com, inc. (www.buzzsaw.com), the leading online collaboration and commerce hub for the building design and construction industry, today announced that the number of active building projects hosted on its Web- based project workspace has exceeded 2,000. By achieving this benchmark in less than three months of operation, buzzsaw.com enters the new year as one of the top online resources in the industry. The broad scale of projects and high number of daily users on buzzsaw.com illustrates the market's acceptance of its ease-of-use and comprehensive offerings. Since its launch on November 1, 1999, buzzsaw.com has attracted tens of thousands of architects, engineers, general contractors, and owner/developers worldwide. buzzsaw.com's powerful project collaboration offering enables large, geographically dispersed project teams to work together in real time on complex building and design projects. Members can view, share, edit, and redline building project drawings and specifications, collaborate in online meeting environments, find building product information and specifications, and use a broad and growing selection of industry news, content, and community services. "Two thousand projects is a significant number," said Carl Bass, president and chief executive officer of buzzsaw.com, inc. "This impressive growth shows that the industry sees a real need for our type of service and is quickly making it a part of their normal business processes. The most important thing we've learned in our first three months is that the needs of our customers are wide-ranging. That's why we are dedicated to making buzzsaw.com a comprehensive online solution that provides real cost savings and greater productivity for the building design and construction industry." "With buzzsaw.com we have seen more efficient operations, and significant time savings," said Doug Cochran, CAD Director at LPA, Inc., an award-winning architecture and design firm based in Irvine, California. "Our clients now have the ability to access the information on their project in real time, as the project progresses. We feel this technology gives us an edge over our competitors since it will save the client money and time, and help the project process operate in a more efficient manner." buzzsaw.com's total service offerings will address all the core functions of the fragmented building design and construction industry, including design collaboration, construction administration, bidding, buying and ongoing management. buzzsaw.com offers unique content, an interactive community, and industry resources such as building product information and news. Moreover, buzzsaw.com provides the $672 billion industry with an easy-to-use set of online services and tools, requiring no special software or set-up consulting. About buzzsaw.com, inc. Based in San Francisco, buzzsaw.com, inc. is a privately held company backed by Autodesk-the leading supplier of design software and digital content creation tools. buzzsaw.com provides the $672 billion (in the U.S.) building design and construction industry with the most accessible, comprehensive set of information, services and tools to streamline all aspects of the building process online. By offering a broad array of building-related services, including project hosting and collaboration, news and information, directories and e-commerce services, buzzsaw.com stands to be the premier online hub for the building design and construction industry. For more information on the company, please visit the Web site at www.buzzsaw.com, or contact Eloy Ontiveros or Dan Race of Cunningham Communication at 650/858-3776 or 650/858-3823 respectively. CONTACT: Cunningham Communication Eloy Ontiveros, 650/858-3776 or 1-800/351-2884 (pager) www.buzzsaw.com
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