Punch! Software Acquires CADSoft Solutions, Inc. -- 3D Home Design Leader Enters Precision CAD

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Punch! Software, the home design software market leader seven years running, today announced the acquisition of CADSoft Solutions Inc. (CSI). CSI is a leading provider of precision based computer aided design (CAD) applications for Windows® and Macintosh® platforms.

This acquisition provides an exciting opportunity to introduce more users to the innovative approach to modeling, developed by CSI, that encourages a variety of design communities to explore the benefits of 2D and 3D precision modeling

Punch! Software, the home design software market leader seven years running, today announced the acquisition of CADSoft Solutions Inc. (CSI). CSI is a leading provider of precision based computer aided design (CAD) applications for Windows® and Macintosh® platforms.

"The acquisition of CSI takes us one step closer to our goal of becoming the leading global provider for design solutions. It extends our offerings to include precision CAD products suitable for the general architectural and mechanical CAD communities," says Paul Bay, Punch! Software CEO. "In addition, releasing a CAD product line will allow Punch! to further expand its product portfolio and overall reach in the retail and online marketplace."

Since its founding in 1998, Punch! Software quickly became the dominant market leader in the home design software category in both retail and online sales. With over two million units shipped and seven of the top eleven retail home design products, Punch! Software will use the same blueprint for success to introduce general purpose CAD to its established retail, internet, and professional sales channels.

The acquisition brings along the CSI development team led by industry CAD veteran Tim Olson, now Vice President of Development for Punch! Software. "This acquisition provides an exciting opportunity to introduce more users to the innovative approach to modeling, developed by CSI, that encourages a variety of design communities to explore the benefits of 2D and 3D precision modeling," says Mr. Olson.

About Punch! Software LLC

Punch! Software LLC is a provider of home design and landscape design software products. Servicing retail home design, a sub-market of the architecture, engineering, and construction software market, Punch! provides homeowners, designers, and professionals the ability to perform all aspects of home/landscape design, including 3D walkthrough technology. Headquartered in Kansas City, Missouri, the Company has been operating since 1998. Punch! was the fastest growing software company in the U.S. in 1999, 2000, 2001, and 2002.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information on Punch! Software products:

Visit the Punch! Software Website

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Stuart Cohen
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