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Data Builder Inc. Opens New Corporate Headquarters

DES MOINES – June 27, 2005 – Executives and staff from Data Builder Inc. joined executive’s from Hubbell Realty Company, the Downtown Community Alliance, Emerging Growth Group and many business leaders to celebrate the software company’s new corporate headquarters in Des Moines’ RiverPoint Business Park. The opening was made official at a ribbon cutting ceremony at the new headquarters. “RiverPoint Business Park is the perfect location for growing companies such as Data Builder,” noted Krista Capp, vice president of property management at Hubbell Realty Company, which owns and operates the business park. Tim Leach, vice president of the Downtown Community Alliance added, “When you look at Data Builder’s national client list and their projections for growth, it is no secret why we are pleased Data Builder has chosen to continue to expand in Des Moines.” Initially conceived and developed by The Weitz Company of Des Moines, one of the nation’s largest general contractors, and officially launched in 2003 as a joint venture of Weitz and Emerging Growth Group, Data Builder, Inc. provides construction documentation software and services for the construction and facility management industries. Due to market demand, Data Builder has experienced rapid growth in both sales and employment in its first two years. To support this growth of employment and real estate needed for company services, company leaders secured space at the new headquarters in downtown Des Moines. “Data Builder Inc. is an emerging Iowa technology success story,” noted Gregg Barcus, Data Builder board member and president of Emerging Growth Group. “Its growth and continuing success in the marketplace has come from a unique combination of corporate vision and leadership, a talented and dedicated development, professional services and sales team, and outstanding support from the public sectors. Barcus continued, “In just two years, Data Builder has achieved several notable milestones including the release of two major products and business partnerships with two of the nation’s leading general contractors. We anticipate the release of a third major product late this year and the announcement of at least two additional major construction partners within the next few months.” Background: Founded in 2003 as a joint venture of The Weitz Company and Emerging Growth Group, Data Builder, Inc. is a leading provider of software and services for the construction and facility management industries. The Company develops and delivers collaborative document management solutions geared toward limiting risk and improving business processes within the construction and building management industries. These solutions offer effective administration, communication and control of critical building documentation. Data Builder’s portfolio of products include Electronic Construction Closeout™(ECC™) which digitizes project closeout information into a centrally managed powerful tool for facility professionals, and “Electronic Project Control System™” (e-PCS™), a virtual filing cabinet to centrally manage all construction-related records and documents generated before, during and after a construction project. Data Builder’s software is backed by a powerful search engine providing immediate access to critical documentation, including warranties, contracts, construction documents and schematics. Current clients include leading general contractors and Fortune 500 companies. For more information visit www.databuilderinc.com or contact Katherine Young 515-471-1608.

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