Bricsnet Positioned in the Leaders Quadrant for Integrated Workplace Management Systems Magic Quadrant

Real Estate Solution Provider Recognized for Completeness of Vision and Ability to Execute

San Francisco (September 15, 2008) -- Bricsnet, a leading provider of solutions for executive decision support and strategic planning in real estate, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant in its most recent 'Magic Quadrant for Integrated Workplace Management Systems' report. In the report, issued July 31, 2008, Gartner notes that organizations identified as Leaders "have strength in applications and platform technology, demonstrate a high level of quality in product reliability and service, have strong operational and organizational capabilities and financial stability, have global reach, and offer a strong vision of customer needs reflected in a robust development road map."

"Bricsnet brings to the Integrated Workplace Management Systems marketplace a unique focus on Speed to Value that has served our customers well in the current challenging economy," said Bricsnet CEO Farid Jinian. "We are very pleased that Gartner has positioned Bricsnet in the Leaders quadrant, and we will continue to demonstrate value, innovation and leadership as we move forward."

Bricsnet Enterprise provides a comprehensive, lifecycle solution for management of corporate, institutional  and public sector real estate portfolios, including transactions, leases, space, maintenance and projects. Bricsnet Retail manages the complete lifecycle of retail property portfolios, from strategic planning through disposition. Both Bricsnet Enterprise and Bricsnet Retail feature industry leading analytics, business intelligence, integrated document management, flexible web-based architecture and configurable workflow.

The Gartner Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.

About the Magic Quadrant

The Magic Quadrant is copyrighted July 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Bricsnet

Bricsnet's business was founded in 1986 and helps large corporations improve profits by more effectively managing all aspects of their workplace (including buildings, land, space, people, assets, and systems. Bricsnet Enterprise and Bricsnet Retail, leading Integrated Workplace Management Systems, provide fast, pragmatic and innovative solutions to increasing shareholder value. Bricsnet ProjectCenter provides easy-to-use, powerful online collaboration and workflow for management of large and small projects.

For more information, contact Bricsnet at 415-321-2650 or visit www.bricsnet.com.