Global VDC and GRAPHISOFT enter into Strategic Partnership to promote and develop advanced BIM Technologies for the Construction Industries of Hong Kong and Asia

HONG KONG, November 26, 2015 — Global Virtual Design and Construction Limited (Global VDC), a Hong Kong based subsidiary of the Yau Lee Holdings Limited (“Yau Lee” or “the Group”, HKEX: 406) specialized in Building Information Modeling (BIM) services and solutions for the building construction industry, and GRAPHISOFT, a member of the Nemetschek Group, specialized in Building Information Modeling software development for architects, designers and design-build firms, headquartered in Budapest, Hungary, announced today a strategic partnership for the promotion and development of advanced BIM Technology tailored for the specific needs of Hong Kong, including innovative Green Building design and asset management solutions. A strategic goal of the partnership is to bring their combined holistic full life cycle building management experience to the industry.

Rosana Wong, Chief Executive Officer of Global Virtual Design and Construction Limited said: “We are eager to explore possible fields of cooperation with different worldwide leading technology firms such as GRAPHISOFT, which is one of the key BIM solution providers globally. With the integration of GVDC’s full lifecycle management expertise and GRAPHISOFT’s building energy modeling capabilities, I strongly believe this innovative collaboration will bring a breakthrough green building solution for the benefit of the whole community.”

“In my view BIM is going through a significant transition momentarily. From a design methodology it is becoming the core infrastructure of the construction industry as a whole. GRAPHISOFT is delighted to work together with the Yau Lee Group — a true leader in BIM technology adaptation in Asia. Our combined know-how and focus on innovation will soon bring revolutionary solutions to the market in the area of green building design and building life-cycle management to foster BIM processes throughout the Construction industry” cites Viktor Varkonyi, Chief Executive Officer of GRAPHISOFT.

About Global Virtual Design and Construction Limited

Global Virtual Design and Construction Limited (GVDC) is a rapid growing Building Information Modeling (BIM) services and solutions provider headquartered in Hong Kong. Â  Established in early 2013, GVDC is formed with a pool of experienced Programmers, Engineers, Quantity Surveyors, IT experts, BIM experts and BIM Modelers. As BIM technology is already a trend and standard in the Building and Construction industry both locally and worldwide, GVDC believes that Virtual Design & Construction (VDC) is simply the way forward to contribute in the entire building and construction industry and it enables design consultants, engineers, contractors, and building owners to improve operational efficiency without compromising to quality and in the meantime reduce potential risk and costs in any construction projects.

About Yau Lee Group

Yau Lee was founded in 1958 and was listed on The Stock Exchange of Hong Kong in 1991. Â The Group has excelled for over five decades in our core competency of building construction and development. Â By establishing a strong vertical supply chain which results in project success, it becomes the most integrated building contractor in local market. Â Â Yau Lee has also expanded its territory globally since 90’s. Â Under the recognition of the works receiving from different clients, the Group is progressive in strategic business developments started from China, Macau, Singapore, the United Arab Emirates and other ASEAN countries. Â Besides, Yau Lee Holdings Limited has set up its vision as “Becoming a Green Integrated Corporation” since 2005. Â  Strive for excellence through continuous development in innovative and green building technology enables Yau Lee to provide a green living to the world.

About GRAPHISOFT

GRAPHISOFT® ignited the BIM revolution in 1984 with ARCHICAD®, the industry first BIM software for architects and construction professionals. GRAPHISOFT continues to lead the industry with innovative solutions such as its revolutionary BIMcloud®, the world’s first real-time BIM collaboration environment, EcoDesigner™, the world’s first fully BIM-integrated “GREEN” design solution and BIMx®, the world’s leading mobile app for BIM visualization. GRAPHISOFT has been a part of the Nemetschek Group since its acquisition in 2007.