Avatech Solutions Helps Veristic Technologies Cut Design Time by 75%

BALTIMORE, Md.—(BUSINESS WIRE)—January 31, 2008— Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced today that Veristic Technologies has engaged Avatech to create advanced design engineering systems to support rapid growth.

Houston-based Veristic Technologies designs and produces self-erecting oil rigs for its rapidly growing customer base. Veristic's patented technology in building specialized equipment for unique customer applications is redefining the status quo in the industry. Orders for customized oil rigs in 2008 have increased by over 1000% from the year before. With each rig containing up to 10,000 parts, Veristic needed an effective 3D technology solution to speed design and ensure timely deliveries to their customers.

In addition to Autodesk Inventor, Avatech recommended the implementation of a data management solution so that Veristic could easily locate and reuse model components and create accurate bills of material from the 3D models. "We will trim the time it takes to customize a new rig from one month down to five days. The productivity gains will allow our employees to do more in less time, which means we'll also see huge savings in hiring costs," says Ted Vora, President of Veristic.

"Avatech's expertise in the manufacturing industry provides clients with technical advice that leads directly to a better bottom line," says Scott Hale, Vice President of Manufacturing at Avatech Solutions. "Our approach is to understand the needs of clients as though their business were our own so that we can partner with them to make the best possible technology decisions."

About Avatech Solutions

Avatech Solutions, Inc. (OTCBB: AVSO.OB) is a nationwide design automation and technology services company providing innovative solutions that enable clients to more effectively design, develop, and manage projects, products, and facilities. Avatech experts give customers a competitive advantage through technology consulting, implementation, integration, training, and support services exclusively for the design, engineering, and facilities management industries. Headquartered in Owings Mills, Maryland, Avatech is one of the largest integrators of Autodesk software worldwide. Customers include industry leaders from the Fortune 500 and Engineering News Record's Top 100 companies. Visit www.avatech.com for more information.

All brand names, product names, or trademarks belong to their respective holders.

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