Press Release

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Susan Wildeboer

Common Point Inc.

(650) 810-1143

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Common Point Hires New VP for Sales and Marketing

Andy Osborne to head Sales and Marketing Team

MOUNTAIN VIEW, Calif.  – November 1, 2006 - Common Point, Inc. announced today the hiring of Andy Osborne as their Vice President of Sales and Marketing.  Mr. Osborne has been involved in the process industries for over 29 years, the last 25 in the sales and marketing of engineering software. An engineer background, Mr. Osborne began his career with Imperial Chemical Industries (ICI Plc) where he first realized the potential of the use of technology to streamline engineering work processes. Since then Mr. Osborne has worked for companies deploying technologies in areas such as as-built data capture, CAD, document management, information management and process plant design including solutions for FEED, detailed design, fabrication and construction and operations and maintenance. Most recently, Mr. Osborne was providing Sales and Marketing consultancy to companies following his tenure as Commercial Director for Alias Limited, manufacturers of ISOGEN, I-Sketch and SPOOLGEN.

“We are pleased that Andy is joining Common Point as head of sales and marketing at this important time.” said William McSherry, Chairman and CEO of Common Point, Inc.   “With Andy’s broad experience in technical sales and marketing, particularly in the international arena, and our young, skilled, sales and marketing team I believe we are in a great position to capitalize on the unprecedented growth in the construction in the process plant arena.” 

ABOUT COMMON POINT

Founded in 1999 Common Point, Inc. provides software solutions that optimize business work processes through visual simulation for the construction and process manufacturing industries.   Common Point’s ConstructSim™, OpSim™ and Project 4D™ products deliver significant return on investment through the creation of a data rich virtual environment and the utilization of proprietary business process templates that leverage existing information assets across the organization.  This innovative paradigm enables entirely new methodologies that maximize value, save time, reduce costs, and create a safer work environment.

Common Point, Inc. is a privately held company. For more information, visit www.commonpointinc.com.