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Bentley Acquires FormSys to = Expand SACS=20 Offerings for Floating = Structures

08 November 2011

New Addition Has Twenty-year Track = Record of=20 Advancing
Marine-related Analysis Software

AMSTERDAM, Netherlands =E2=80=93 Be Inspired: Thought = Leadership in=20 Infrastructure =E2=80=93 Bentley Systems, Incorporated, = the leading=20 company dedicated to providing comprehensive software = solutions for=20 sustaining infrastructure, today announced the = acquisition=20 of FormSys, based in Perth, Australia. This software = development=20 company has a proven, twenty-year track record in 3D design, = analysis, and construction software for structural = engineering,=20 offshore engineering, and naval architecture. The = acquisition will=20 expand Bentley=E2=80=99s SACS = offerings=20 for the design and analysis of floating structures, further=20 extending the company=E2=80=99s reach in the offshore energy = market. SACS is=20 an integrated finite element structural analysis suite of = programs=20 that uniquely supports the design, fabrication, = installation,=20 operations, and maintenance of offshore structures, = including oil=20 platforms and wind farms. Thirty-eight years of focus on = these=20 specialized requirements have made SACS the analysis = mainstay for=20 most of the world=E2=80=99s offshore engineers. FormSys = brings complementary=20 capabilities to this market leader.

CEO Greg Bentley said, =E2=80=9CI=E2=80=99m pleased that = we are further expanding=20 our leadership role in deeper offshore opportunities with = this=20 acquisition. We are nowhere near the point of diminishing = returns in=20 engineering software for better-performing offshore = structures =E2=80=93=20 ranging from shallow water fixed oil platforms to deep water = tethered wind farms =E2=80=93 particularly as to their = safety and=20 resilience. We are mindful that =E2=80=98offshore=E2=80=99 = makes up seventy percent=20 of the Earth=E2=80=99s surface, and we would like to = contribute even more=20 toward its vital role in sustaining infrastructure.=E2=80=9D =

FormSys software, like SACS, is employed around the = globe. Among=20 the many committed users of its products are leading = consulting=20 engineering companies in the offshore sector, including Aker = Solutions, DOF Subsea, and Noble Denton, and classification=20 societies Lloyds Register, DNV, and ABS. FormSys users, as = well as=20 the users of SACS, will benefit both technically and = commercially=20 from this acquisition. FormSys software is particularly = strong in=20 the analysis of offshore vessels and structures such as = offshore=20 supply vessels, FPSOs, and drillships, as well as spars and=20 semi-submersibles. This complements the industry-leading=20 capabilities of the SACS product line in the design and = analysis of=20 fixed offshore structures, making the combined technology = strengths=20 a compelling fit for offshore structures of all types.

Said Santanu Das, Bentley vice president, Integrated = Engineering,=20 =E2=80=9COn behalf of my colleagues at Bentley, I welcome = our new team=20 members from FormSys, many of whom are seasoned structural = engineers=20 and naval architects. In providing advanced tools for intact = and=20 damage stability as well as motions prediction for ships = like FPSOs,=20 Maxsurf from FormSys augments the powerful = functionality of=20 our SACS=20 offerings, particularly for floating offshore structures. = The=20 acquired software adds to our broad range of flexible and = scalable=20 integrated structural analysis and design offerings, = including STAAD,=20 RAM, ProSteel, and Structural Modeler, and the strong = presence=20 of FormSys in the Japanese and Australian markets presents = us with=20 new opportunities for additional growth in these regions. = Most=20 importantly, our ongoing integration work, using the = Integrated=20 Structural Modeling methodology, will soon deliver = uniquely=20 comprehensive solutions across the fuller breadth of = offshore=20 structures.=E2=80=9D

Said Philip Christensen, founder of FormSys, =E2=80=9CMy = FormSys=20 colleagues and I are extremely happy to be a part of the = Bentley=20 team. Our organizations share design priorities in the key = areas of=20 intuitive user interfaces, information modeling = incorporating=20 parametric design capabilities and advanced algorithms, and = industry=20 standards to promote interoperability among our own and = other=20 suppliers=E2=80=99 software and systems. Together we will = enable more=20 complete information modeling for all marine conditions, = leading to=20 offshore structures that are safer and more efficient to = deliver and=20 operate.=E2=80=9D

The two primary products in Bentley=E2=80=99s FormSys = portfolio are=20 Multiframe and Maxsurf. Engineers use=20 Multiframe for general structural analysis, lifting = analysis, calculation of motion induced loads, wind loads,=20 hydrostatic loads, stiffened plate analysis, and steel code=20 checking. Naval architects use the Maxsurf suite of = software to model vessels and floating structures, assess = stability=20 and strength, and predict motions and power = requirements.

For additional information about Bentley=E2=80=99s = FormSys software,=20 visit www.Bentley.com/FormSys.

For additional information about news announced at Be = Inspired, visit www.bentley.com/PressKits.<= /P>

About Be Inspired: Thought Leadership in=20 Infrastructure

The world=E2=80=99s leading practitioners have gathered = this week at=20 Be Inspired, Bentley=E2=80=99s premier thought = leadership and=20 networking event, in Amsterdam, Netherlands. They will share = the=20 best practices behind the successful realization of their = current=20 projects and explore new ways to respond to the challenges = driving=20 today=E2=80=99s business. Also in attendance are 80 = journalists from around=20 the world, who additionally participated in a special media = briefing=20 on November 7.

Be Inspired is an intimate, invitation-only = event=20 featuring presentations by the Be Inspired Awards = finalists=20 as well as executive roundtables focusing on critical issues = in=20 business, technology, and practice facing infrastructure=20 professionals around the world. It will culminate with an = awards=20 ceremony recognizing outstanding achievement and innovation = in=20 infrastructure design, construction, and operations by = winners=20 selected from 57 project finalists by five independent = panels of=20 jurors. In total, nominations from 270 organizations in 42 = countries=20 were submitted in this year=E2=80=99s awards program.

This annual event provides a unique forum for = senior-level=20 executives to learn about the innovations driving the = development=20 and operations of the world=E2=80=99s top infrastructure = projects. It also=20 enables them to engage with other industry leaders in = interactive=20 discussions on topics of importance to the business of = sustaining=20 infrastructure. For additional information about the Be=20 Inspired: Thought Leadership in Infrastructure event, = visit www.bentley.com/BeInspired= .

About Bentley Systems, Incorporated

Bentley is the global leader dedicated to providing = architects,=20 engineers, geospatial professionals, constructors, and=20 owner-operators with comprehensive software solutions for = sustaining=20 infrastructure. Bentley=E2=80=99s mission is to empower its = users to=20 leverage information modeling through = integrated=20 projects for high-performing intelligent=20 infrastructure. Its solutions encompass the = MicroStation=20 platform for infrastructure design and modeling, the = ProjectWise=20 platform for infrastructure project team collaboration and = work=20 sharing, and the AssetWise platform for infrastructure asset = operations =E2=80=93 all supporting a broad portfolio of = interoperable=20 applications and complemented by worldwide professional = services.=20 Founded in 1984, Bentley has grown to nearly 3,000 = colleagues in=20 more than 45 countries and $500 million in annual revenues. = Since=20 2001, the company has invested more than $1 billion in = research,=20 development, and acquisitions.

Additional information about Bentley is available at http://www.bentley.com/ = and in Bentley=E2=80=99s annual report. For = Bentley news as it=20 happens, subscribe to an RSS feed of Bentley press releases and = news=20 alerts. To view a searchable collection of innovative = infrastructure=20 projects from the annual Be Inspired Awards, access = Bentley=E2=80=99s Year=20 in Infrastructure publications. To access a professional = networking site that enables members of the infrastructure = community=20 to connect, communicate, and learn from each other, visit Be=20 Communities.

To download the Bentley Infrastructure 500 Top = Owners=20 ranking, a unique global compendium of the top public- and=20 private-sector owners of infrastructure based on the value = of their=20 cumulative infrastructure investments, visit www.bentley.com/500.

# # #

Bentley, the =E2=80=9CB=E2=80=9D Bentley logo, Be, = ProjectWise, MicroStation,=20 STAAD, RAM, Structural Modeler, and ProSteel are either = registered=20 or unregistered trademarks or service marks of Bentley = Systems,=20 Incorporated or one of its direct or indirect wholly owned=20 subsidiaries. All other brands and product names are = trademarks of=20 their respective owners.

Bentley = PR
Ron=20 Kuhfeld
Public Relations=20 Manager
610-321-6493
Contact = Bentley=20 PR

RSS News Feed

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=C2=A9 2011=20 Bentley Systems, Incorporated

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X and Y position of mouse, updated by mousemove = event // pX, pY =3D previous X and Y position of mouse, set by mouseover and = polling interval var cX, cY, pX, pY; // A private function for getting mouse position var track =3D function(ev) { cX =3D ev.pageX; cY =3D ev.pageY; }; // A private function for comparing current and previous mouse = position var compare =3D function(ev,ob) { ob.hoverIntent_t =3D clearTimeout(ob.hoverIntent_t); // compare mouse positions to see if they've crossed the threshold if ( ( Math.abs(pX-cX) + Math.abs(pY-cY) ) < cfg.sensitivity ) { $(ob).unbind("mousemove",track); // set hoverIntent state to true (so mouseOut can be called) ob.hoverIntent_s =3D 1; return cfg.over.apply(ob,[ev]); } else { // set previous coordinates for next time pX =3D cX; pY =3D cY; // use self-calling timeout, guarantees intervals are spaced out = properly (avoids JavaScript timer bugs) ob.hoverIntent_t =3D setTimeout( function(){compare(ev, ob);} , = cfg.interval ); } }; // A private function for delaying the mouseOut function var delay =3D function(ev,ob) { ob.hoverIntent_t =3D clearTimeout(ob.hoverIntent_t); ob.hoverIntent_s =3D 0; return cfg.out.apply(ob,[ev]); }; // A private function for handling mouse 'hovering' var handleHover =3D function(e) { // next three lines copied from jQuery.hover, ignore children = onMouseOver/onMouseOut var p =3D (e.type =3D=3D "mouseover" ? e.fromElement : e.toElement) = || e.relatedTarget; while ( p && p !=3D this ) { try { p =3D p.parentNode; } catch(e) { p = =3D this; } } if ( p =3D=3D this ) { return false; } // copy objects to be passed into t (required for event object to be = passed in IE) var ev =3D jQuery.extend({},e); var ob =3D this; // cancel hoverIntent timer if it exists if (ob.hoverIntent_t) { ob.hoverIntent_t =3D = clearTimeout(ob.hoverIntent_t); } // else e.type =3D=3D "onmouseover" if (e.type =3D=3D "mouseover") { // set "previous" X and Y position based on initial entry point pX =3D ev.pageX; pY =3D ev.pageY; // update "current" X and Y position based on mousemove $(ob).bind("mousemove",track); // start polling interval (self-calling timeout) to compare mouse = coordinates over time if (ob.hoverIntent_s !=3D 1) { ob.hoverIntent_t =3D setTimeout( = function(){compare(ev,ob);} , cfg.interval );} // else e.type =3D=3D "onmouseout" } else { // unbind expensive mousemove event $(ob).unbind("mousemove",track); // if hoverIntent state is true, then call the mouseOut function = after the specified delay if (ob.hoverIntent_s =3D=3D 1) { ob.hoverIntent_t =3D setTimeout( = function(){delay(ev,ob);} , cfg.timeout );} } }; // bind the function to the two event listeners return this.mouseover(handleHover).mouseout(handleHover); }; =09 })(jQuery); ------=_NextPart_000_0000_01CC9EC1.591029D0 Content-Type: application/octet-stream Content-Transfer-Encoding: quoted-printable Content-Location: http://www.bentley.com/BentleyWebSite/Lib/redesign/bgIframe.js /* Copyright (c) 2006 Brandon Aaron (http://brandonaaron.net) * Dual licensed under the MIT = (http://www.opensource.org/licenses/mit-license.php)=20 * and GPL (http://www.opensource.org/licenses/gpl-license.php) = licenses. * * $LastChangedDate: 2007-07-21 18:44:59 -0500 (Sat, 21 Jul 2007) $ * $Rev: 2446 $ * * Version 2.1.1 */ (function($){ /** * The bgiframe is chainable and applies the iframe hack to get=20 * around zIndex issues in IE6. It will only apply itself in IE6=20 * and adds a class to the iframe called 'bgiframe'. The iframe * is appeneded as the first child of the matched element(s)=20 * with a tabIndex and zIndex of -1. *=20 * By default the plugin will take borders, sized with pixel units, * into account. If a different unit is used for the border's width, * then you will need to use the top and left settings as explained = below. * * NOTICE: This plugin has been reported to cause perfromance problems * when used on elements that change properties (like width, height and * opacity) a lot in IE6. Most of these problems have been caused by=20 * the expressions used to calculate the elements width, height and=20 * borders. Some have reported it is due to the opacity filter. All=20 * these settings can be changed if needed as explained below. * * @example $('div').bgiframe(); * @before

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* @result