MALMÖ (SWEDEN), NIJMEGEN (THE NETHERLANDS), May 6th 2021

StruSoft, the provider of software products to the global building and construction industry announces the new ownership of Matrix Software, a leading Dutch provider of powerful and user-friendly software for building and construction industry across a broad range of industry verticals. Matrix Software is market leading in the Netherlands within software for structural analysis, precast concrete fabrication, steel fabrication and windows and doors fabrication. StruSoft is majority owned by Vind, an industrial owner with an eternal ownership perspective for its businesses. The new ownership in Matrix Software will enable an acceleration in the further development of both Matrix and StruSoft, their combined product offering and geographical coverage.

"Both due to the fact that my long-time partner Ron Weener is approaching retirement age, but most importantly because of our ambitions to expand our reach to new countries, we initiated an investigation some time ago to identify and select a new partner to assist us on this journey. When we got introduced to Vind and Strusoft, it quickly became clear that they share our values for our businesses. I will continue as CEO of Matrix Software and shareholder in StruSoft for many years to come and my ambition is to take Matrix Software to the next level together with all Matrix Software and StruSoft employees supported by our market leading products and services", said Matrix Software Director Heico Heuver.

“With StruSoft we have experienced a warm and respectful approach towards our customers, employees, products and market positions. We believe that Matrix Software will have a good new home as a member of the StruSoft family" said Matrix Software Director Ron Weener.

“Matrix Software is attractively positioned as the leading software developer in the Netherlands within several highly interesting software categories in the building and construction industry. We see great opportunities across all their business segments. The aim of this partnership is for Matrix and StruSoft to widen their geographic coverage and launch new products and services based on each other's strengths", said StruSoft´s CEO Dennis Kristensen.

About Matrix Software

Matrix Software focuses on user-friendly, accessible and high-quality software in combination with excellent customer service. Building on these solid basic principles, Matrix has grown since 1983 into a software supplier with over 1000 customers and 44 employees, with offices in the Netherlands and Lithuania.

Matrix offers various software solutions, such as MatrixFrame and MatrixBeam for structural engineers, MatrixMetal for steel construction, MatrixWindows for the doors and window factories and IC-Prefab for precast concrete factories. Matrix Software has a market leading positions within all its main market segments.

www.matrix-software.com

About StruSoft

StruSoft makes life easy for building-, structural design- and architectural engineers who work with analysis and design of buildings, structural engineering, energy simulations, 3D modeling, detailing and assembly. The company provides highly specialized software tools for construction companies, precast concrete factories, engineering firms and consulting companies. StruSoft’s software helps users save both time and money by increasing the quality, efficiency and productivity in the engineering process.

StruSoft provides several suites of software: FEM-Design, IMPACT, Dimension, WIN-Statik, PRE-Stress, VIP-Energy, BIM Energy and BIMcontact. These proprietary software solutions are built in close cooperation with the users, with a visionary and innovative approach to structural analysis and design, and upon more than 30 years of industry knowledge and experience. The programs have an outstanding technical performance in combination with a user-friendly interface that generates the insight and knowledge necessary and desired for handling complex, mission-critical building analysis & design challenges.

www.strusoft.com

About Vind, the majority owner in StruSoft

Vind is a privately owned industrial owner company with interests in private and public businesses across Europe, primarily focused on software for professionals, life science and niche focused engineering companies. Vind develops businesses with an eternal perspective and has preference for owning businesses with sustainable growth prospects that contribute to faster progress.

Vind can be either a majority owner or a minority partner when investing in private businesses. They offer a new permanent home to exceptional businesses when entrepreneur- or family owners consider a change in ownership. Vind is markedly different from most financial and corporate acquirers and investors, in that it fosters a decentralized and entrepreneurial leadership with minimal shorter-term pressure, as Vind has no plans to sell its businesses again.

www.vindgroup.com