SATELLIER LLC., SECURES $10 MILLION IN SECOND ROUND EQUITY FUNDING FROM SEQUOIA CAPITAL

GLOBAL LEADER IN WORKSHARE SERVICES TO THE AEC INDUSTRY WILL EXPAND INTERNATIONAL REACH, BUILDING INFORMATION MODELING SERVICES

(Chicago, Ill.) October 24, 2007 -- Satellier, a pioneer and global leader in the development of value-added design support and Building Information Modeling (BIM) service solutions for the global architecture, engineering, construction (AEC) industry, announced today that it has raised $ 10 million in a second round of venture funding from Sequoia Capital. The investment accelerates the company’s rapid migration to full technology-enabled BIM services and will facilitate robust global expansion.

Satellier is investing heavily in BIM services including hiring key technologists and thought leaders to direct dedicated BIM practice areas as well as developing proprietary workshare software with BIM at the forefront. Expanded service offerings will reach the architecture and engineering marketplace and construction and owner communities. The company plans to open three new US offices in the next six months, a U.K. office and new delivery centers in India and around the world over the next 24 months.

“Sequoia brings a wealth of skills, resources, and experience to the Satellier Board, and will assist us in bringing best-of-practice global relationships, managing our rapid growth, and helping to accelerate our transition to the industry’s next-generation technology: Building Information Modeling,” notes Michael Jansen, Satellier’s Chairman and CEO.

Sumir Chadha, Managing Director of Sequoia Capital India, adds, “With all types of professional services from law to architecture moving offshore, we look for leading companies in their fields to have the greatest chance of long-term success in this arena. Michael’s vision for the future of Satellier, to create the first ever transnational BIM firm, is poised to change the face of the AEC industry.”

About Satellier
Satellier is a leading workshare partner to the global AEC industry providing a complete range of value-added design support solutions evolving from computer aided design (CAD) documentation, 3D modeling and Building Information Modeling (BIM). Established in 2000, Satellier works in partnership with leading firms the world over and has completed over 2,000 projects in more than 50 countries. Currently Satellier’s client list includes 18 of the world’s top 30 architecture, interior design, engineering and construction firms. Headquartered in Chicago, Satellier operates from its state-of-the art studio facilities in New Delhi and Kolkata, India, where teams of over 400 talented English-speaking professionals execute technical drawings in a world class environment. Visit the Satellier website www.satellier.com for details.

About Sequoia Capital
Since 1972, Sequoia Capital has provided startup venture capital for very smart people who want to turn ideas into companies. As the “Entrepreneurs Behind the Entrepreneurs”, Sequoia Capital’s Partners have worked with innovators such as Sandy Lerner and Len Bozack of Cisco Systems, Jerry Yang and David Filo of Yahoo!, Gaurav Garg of Redback Networks, Larry Page and Sergey Brin of Google, Dan Warmenhoven of Network Appliance, T.J. Rodgers of Cypress Semiconductor, Lou Tomasetta of Vitesse Semiconductor, Steve Jobs of Apple Computer and Larry Ellison of Oracle. The companies organized by Sequoia Capital now account for about 12% of the value of NASDAQ. To learn more about Sequoia Capital visit www.sequoiacap.com.