Simpad’s New 3D CAD, “Building Information Modeling” Service to Debut at 2010 International Builders’ Show

Simpad, a plan services company for homebuilders, today announced that it has developed a new 3D CAD “Building Information Modeling” service that the Company will debut at the 2010 International Builders’ Show in Las Vegas.

Simpad’s new service will solve a problem long thought to be the “Achilles’ Heel” of homebuilders, specifically, how to obtain home plans that reflect the changes made by homebuyers during the sales and option process. The service will provide builders with “as-sold” construction drawings on-demand, at a fraction of the cost of making changes manually to their master plan sets. The overall savings will be enormous to any builder who has ever constructed homes based on faulty or inaccurate plans.

With plans generated from a 3D model, builders will now be able to effectively manage base-plan and option libraries, generate lot-specific “as-sold” construction plans, and create detailed take-offs that include structural options selected during the sales process. Moreover, Simpad’s service offers material quantity take-offs that reflect real-time information for estimators, which in turn provides the critical information needed to ensure that homes are built within as-sold budgets.

“Our new product will solve a core problem for builders by creating 3D CAD Building Information Models that accurately represent the base plans and all structural options, exactly as-sold by the sales office,” said Richard Kashian CEO of Simpad. “We will provide a level of accuracy that most builders today can only dream of, and we will do it very affordably.”

About Simpad

Simpad is a 3D CAD services company for homebuilders. With a principle focus on production homebuilders, Simpad’s products and services can model homes electronically before they are built, by transforming existing 2D CAD plans into 3D Building Information Models. Simpad has provided CAD and estimating services for production homebuilders since 1999, and its new service will create an immediate ROI for builders in multiple ways. Builders will be able to reduce the staff hours required to detail lot-specific drawings, provide better information for the trades, and reduce construction and material costs by eliminating plan errors. To learn more, visit Simpad.com. Simpad is a subsidiary of MiTek, a Berkshire Hathaway Company (NYSE: BRK-A).