Asia PR News

MELBOURNE, April 27 /MediaNet International - AsiaNet/ –

Aconex, www.aconex.com, a leading global provider of IT to the construction
industry, will facilitate two landmark hotel developments in the United Arab
Emirates - the US$410 million Ritz Carlton Hotel in Dubai and the US$218
million Between the Bridges resort complex in Abu Dhabi.

Aconex has secured contracts with Ritz Carlton project manager Edara APP and
Between the Bridges developer Al Jaber Grineker LTA (a joint venture between
Grineker LTA of South Africa and Al Jaber Group of Abu Dhabi) to provide its
online information management service for the duration of both projects.

On each development, the Aconex solution will replace the use of paper
documents by storing all project information - such as drawings, building
plans, emails and faxes - online.

The result is that users will be able to distribute, track, search and
archive their documentation online from any location, at any time. This
increases management control and staff productivity, and reduces administrative
costs and exposure to risk.

Aconex Managing Director Leigh Jasper said: “We are delighted to have
secured these major contracts, which further strengthen our position as the
leading provider of online information management solutions in the Middle-East.
The uptake of Aconex in the UAE and other local markets is rapidly increasing,
with hundreds of construction companies now using the system.”

“The Ritz-Carlton and Between the Bridges projects build on the trend of
Aconex being deployed for international hotel developments. The Mandarin
Oriental Hong Kong, The Hyatt Regency Churchill London and the InterContinental
Hanoi are all using Aconex to meet the complex demands of managing information
flow on their developments.”

Jasper added: “We believe that, within a few years, the majority of major
construction developments in the UAE will use a solution such as Aconex due to
the cost-savings, control and risk management benefits.”

Due for completion in 2008, The Ritz-Carlton Dubai will be situated on
Sheikh Zayed Road and include 340 hotel rooms and 323 apartments; it will be
the second Ritz-Carlton hotel in Dubai, and the fifth in the Middle-East.

Between the Bridges Abu Dhabi will comprise a Five Star hotel, luxury
villas, executive apartments and retail and leisure facilities. The first phase
is due for completion in early 2007.

Ends. April 27th, 2006.

Media Contact
Will Turbet
Aconex Communications
wturbet@aconex.com
Tel. +61 3 9661 0200.

SOURCE: Aconex