The Speed Art Museum Selects Projectmates Construction Management Software for $50 million Expansion Project



Dallas, TX — February 14, 2012 — Systemates, Inc. today announced that Speed Art Museum, the largest art museum in Kentucky, will leverage Projectmates construction project management software for its $50 million expansion that includes construction of the new North Building and the adjacent Art Park and Piazza.

The Speed Art Museum expansion and renovation encompasses 200,000 square feet of new and renovated interior and exterior space. The largest facet of the project is the construction of the new North Building, a 60,000 square foot structure designed to be largely transparent. Speed visitors will literally be able to see outside the museum walls to the newly adjacent Art Park and Piazza, also part of the expansion. This $50 million expansion is scheduled to break ground late 2012 and to be completed in 2015.

Greg Gardiner, Director of Operations and Expansions at Speed Art, spearheaded the effort to find construction project management software that is owner-focused, fosters collaboration among primary stakeholders, and has sophisticated tools for tracking costs, schedules, documents, and other critical business processes. Projectmates was selected as the best choice for the Speed.

With Projectmates enterprise-level reports, the Speed can track all commitments, monitor change orders in real-time, and track work complete through invoicing. Projectmates budgeting tool is flexible, robust, and automates the otherwise error-prone process of tracking the budget manually. All Projectmates cost tracking modules are based on construction industry standards.

By accessing Projectmates through a simple web browser anytime, the owner, architects, contractors, and consultants collaborate on a common platform to keep the flow of information moving and to reduce discrepancies and data entry mistakes. With the many project stakeholders involved in this project, the Speed will benefit greatly from the collaborative nature of Projectmates while still being able to control access to information.

About Speed Art Museum

The Speed Art Museum is Kentucky's largest art museum with a collection that spans 6,000 years of human creativity. An independent museum located on the campus of the University of Louisville, the Speed was founded in 1925 by Hattie Bishop Speed as a memorial to her husband, James Breckinridge Speed, a prominent Louisville businessman and philanthropist. Its magnificent building and impressive collection serve more than 180,000 visitors each year, making it a nationally recognized institution. To learn more about the Speed visit www.speedmuseum.org.

About Systemates, Inc.

Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owners' representatives with a secure, sophisticated Web-based construction management software solution. Projectmates' collaborative platform dramatically improves project execution, cuts costs and delays, increases accountability, and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 25,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Dallas, Texas. To learn more about Projectmates by Systemates visit www.projectmates.com, follow us on Facebook/Projectmates, or visit Projectmates Blog.

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