Elecosoft Regulatory News (ELCO)

19 May 2015

ELECO plc

("Eleco")

Asta Developments Ltd

("Asta")

Asta's International Partners Meeting 2015

5D BIM Launch

The Board of Eleco is pleased to announce that its subsidiary Asta, the award winning provider of integrated construction software to the UK construction market, will be holding its Annual International Partner meeting today, at which it will be launching three significant product updates. These launches are in line with ELECO's strategy of accelerating the integration of its market leading software portfolio and will enhance opportunities for the ELECO software re-seller community to cross-sell ELECO's in its home markets in the UK, Sweden and Germany.

The software launches to be announced by Asta today will constitute the latest version of ELECO's 5D BIM suite and will bring together (i) the latest release of ELECO's estimating software, Bidcon BIM, which was developed by ELECO's Swedish subsidiary, Consultec, and (ii) the latest release of Asta's planning and scheduling software, Asta Powerproject BIM, for the first time.

Thus the above software releases will enable ELECO to offer a combined 5D BIM solution to its customer base, initially in the UK and, in addition, the BIM version of Asta Powerproject will for the first time also be available for sale internationally through ELECO's expanding reseller network.

As part of the product release, in response to customers' requests and in line with the ELECO's objective of providing customers with device choice, Site Progress Mobile software will also be available through a browser interface.

Speaking at the event, Jason Ruddle, MD for ELECO's Asta product business, commented: "With these three launches we have reinforced our market position as an innovator in construction software. This gives us and our resellers a broader set of solutions to promote to customers, who in turn are seeing benefits from the integration of our portfolio."

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About ELECO plc

ELECO plc specialises in the development and delivery of cutting-edge software and services to the global Architectural, Engineering and Construction industry. Their solutions cover the full project lifecycle with offerings for project management, construction, timber engineering, design, 3D visualisation and marketing communities.

The Group operates principally in Sweden, Germany, the UK and increasingly in other markets worldwide.

ELECO plc is listed on the Alternative Investment Market in London (AIM: ELCO).

For more information please visit www.eleco.com