Orange Loft CEO & Founder to Join BQE Team
TORRANCE, Calif.--(Business Wire)--
BQE Software Inc., the leading provider of business management software for
professional services organizations, announced today the acquisition of Orange
Loft LLC, the makers of ArchiOffice and EngineerOffice, which help architects
and engineers manage their business more efficiently.
ArchiOffice and EngineerOffice are popular among architectural and engineering
firms worldwide, helping them manage their workflow needs, including project
management, contact management, document management and AIA-compliant billing.
These functionalities extend BQE`s reach in the architecture and engineering
business sector by delivering a complete solution.
"Acquiring ArchiOffice is part of our `designed for my business` strategy," said
Shafat Qazi, CEO and Founder of BQE Software. "BQE has a 14-year history of
providing smart technology to the professional services domain. With nearly half
of our customers in the A&E industry, ArchiOffice will help them measure and
improve their productivity."
Orange Loft`s founder and CEO Steven Burns, FAIA, will join BQE as its new
Director of Product Strategy and Innovations. Burns was recently honored by the
American Institute of Architects as a Fellow for his outstanding contribution to
the architecture industry for his innovative ArchiOffice product that has helped
thousands of architects all over the world. "Steve is the biggest prize of this
acquisition," said Qazi. "His addition to the BQE team will have a significant
impact on our ability to grow and serve the A&E sector."
"I am excited about my new role with BQE, and the opportunity it gives me to
provide ArchiOffice and EngineerOffice customers with far greater resources,"
said Burns. "My new position will allow me to use my domain knowledge to augment
BQE`s robust roadmap while continuing my commitment of serving the A&E industry
with world-class applications."
BQE Software acquired all of Orange Loft`s assets, including the company`s
ArchiOffice and EngineerOffice products, and other intellectual property such as
the AccountantOffice, BuilderOffice and DesignerOffice brands. All of Orange
Loft`s employees will join the BQE team.
With over 160,000 users of its flagship product BillQuick around the world, the
acquisition is a strong indicator of BQE`s continued growth, despite the tight
economy. The company recently expanded its Australia office and has established
a sales and support center in Europe. In September 2009, BQE was listed in the
Inc. 5000 list of the fastest growing private companies in America.
About BQE Software Inc
BQE Software offers business management solutions for architects, engineers,
attorneys, accountants, IT consultants and other professional services firms.
BQE's flagship product, BillQuick, combines precision time tracking and
intelligent invoicing with powerful management and reporting tools for a
complete solution that delivers a quick return on investment. BillQuick
integrates with popular accounting programs including QuickBooks by Intuit
Software, Microsoft Office Accounting (NasdaqGS: MSFT), Peachtree Accounting by
Sage (LSE: SGE.L), MYOB and more.
BQE Software
Angelo Lillo, 310-602-4010
Marketing Director
Angelo@bqe.com
Copyright Business Wire 2009
