IBSystems Acquires CADalog.com Bolstering its On-line Engineering Network
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IBSystems Acquires CADalog.com Bolstering its On-line Engineering Network

CAMPBELL, Calif.—(BUSINESS WIRE)—Nov. 2, 2004— IBSystems Inc. announced the addition of the www.CADalog.com e-commerce website to its family of technical web portals after acquiring this asset from IMSI, a publicly traded company (OTCBB: IMSI). This robust and well-established web site includes more than sixty MCAD-related competitively priced software offerings from nineteen companies, such as IMSI's TurboCAD and Actify's SpinFire. In most cases users can opt to download the software and licenses for immediate use, or get the full CD.

David Heller, IBSystems' President, said: "Existing CADalog.com vendors and prospective ones now have the added marketing punch of our www.MCADCafe.com web portal to drive sales to their wares. MCADCafe.com visitors will also benefit from the added resources now available to them."

"We believe that CADalog.com has now found the perfect owner in terms of creating the preeminent CAD product website. With IBSystems' long-standing, respected presence in the CAD community, both CAD product owners and CAD developers will benefit from their marketing prowess," stated Bob Mayer, Executive VP of IMSI.

To learn more about selling your software on CADalog.com and having it promoted on MCADCafe.com please call 408-850-9201 or send email to Email Contact.

About IBSystems

IBSystems is a leading provider of web portals and virtual trade shows targeted at computer modeling professional audiences. Its EDACafe.com, MCADCafe.com, CADalog.com, GISCafe.com, AECCafe.com, PCBCafe, DCCCafe, NanotechCafe, and TechJobsCafe web portals bring valuable resources and timely information and job opportunities to professionals in the Electronic Design Automation (EDA), Mechanical Computer Aided Design (MCAD), Geographical Information Systems (GIS), Architectural Engineering (AEC), Printed Circuit Board (PCB), Digital Content Creation (DCC), and Nanotechnology industries. Its TechJobsCafe brings employers and jobseekers together in each of these high-tech fields. IBSystems complements their portals with Virtual Trade shows online publications. The company is building and launching additional industry-focused vertical portals and products on an on-going basis. Please visit http://www.ibsystems.com to learn more about IBSystems.

About IMSI

Founded in 1982, IMSI has established a tradition of providing the professional and home user with innovative technology and easy-to-use, high-quality software products at affordable prices. The company maintains two business divisions. The Precision Design division, anchored by IMSI's flagship product, TurboCAD(R) and the DesignCAD(TM) line, also develops and markets other visual content and design software such as FloorPlan(R) 3D and TurboCADCAM. The division also includes several online properties focused on the sale of content and services to the architectural, engineering and construction market thru its stock house plans site at Houseplans.com, and the online CAD symbol sites, CADsymbols.com and CADsymbol.net. The Consumer Software Solutions division, which is anchored by Allume Systems, Inc. (formerly Aladdin Systems, Inc.), provides small businesses and consumers with software solutions through its popular products such as StuffIt(R), Internet Cleanup(R), SpamCatcher(R), TurboProject(R), FormTool(R), FlowCharts&More(TM), HiJaak(R) and TurboTyping(TM). More information about IMSI can be found at www.imsisoft.com and www.allume.com.



Contact:
IBSystems, Inc.
Sanjay Gangal, 1-408-850-9202

Email Contact

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