Haestad Methods Finalizes Major Sale in China

May 22, 2002

Haestad Methods, the world's leading provider of civil engineering modeling software, recently bolstered its Shanghai representation in China with the sale of WaterCAD®, SewerCAD®, and StormCAD® to Beijing Municipal Design and Research Institute, a large consulting firm.

"The Chinese market promises significant growth in all areas of water resources modeling," said Douglas Maitland, Asia Pacific Sales Director for Haestad Methods. "By creating a local presence and backing it up with a key developer to champion our products, we are signaling our commitment to China and our intention to help provide its civil engineering community with the latest technological advances in the hydrologic and hydraulic computer modeling industry."

The competitive climate in China has intensified in recent years, and China's entry into the World Trade Organization (WTO) has put further pressure on local industries to invest in technology that will improve efficiency. Haestad Methods' software will enable local companies to achieve the level of efficiency required to compete successfully in China's new market economy.

Gao Jian leads the sales and marketing initiatives for the China region from the Shanghai-based office. He brings to Haestad Methods an established local knowledge of the water recourses industry and a solid background for executing a comprehensive business strategy for this unique business environment. His relationships with Chinese colleagues have already proven positive for the company.

Gao previously worked for AMPAC Scientific Inc., a Shanghai-based consulting and engineering firm specializing in water resources management. For the past eight years, Gao served as a vice manager and lead developer of 8M Water Distribution Network Modeling Software from version 1 to version 5, the most widely used in the field of hydraulic modeling in China and the first commercial software product for Chinese water utilities.

Source: PR Newswire

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