Empowering Engineers to Secure Their Cloud Infrastructure Drives Fugue's Momentum into 2020

Fugue | January 23, 2020

Fugue, the company empowering engineers to build and operate secure cloud systems, cites product innovation, growing awareness of cloud misconfiguration risk, and the engineer-led movement to address cloud security with engineering solutions as its primary drivers for growth in 2019. In the past year, the company introduced several innovations to its award-winning cloud security product, gained significant new customers, and contributed two new open source projects for cloud infrastructure policy as code tooling. Engineer empowerment and education will continue to serve as the pillars of the company's product roadmap and growth strategy in 2020. The number one cause of cloud data breaches is infrastructure misconfiguration, whether due to human error or a lack of effective controls. Since engineers build and operate their cloud infrastructure, they own the security of that infrastructure. Fugue empowers cloud engineers to identify and remediate misconfiguration vulnerabilities in their AWS and Azure environments before malicious actors can find and exploit them.

Spotlight

STEM is the acronym for Science, Technology, Engineering, and Mathematics, and encompasses a vast array of subjects that fall into each of those terms. While it is almost impossible to list every discipline, some common STEM areas include: aerospace engineering, astrophysics, astronomy, biochemistry, biomechanics, chemical engineering, chemistry, civil engineering, computer science, mathematical biology, nanotechnology, neurobiology, nuclear physics, physics, and robotics, among many, many others.

Spotlight

STEM is the acronym for Science, Technology, Engineering, and Mathematics, and encompasses a vast array of subjects that fall into each of those terms. While it is almost impossible to list every discipline, some common STEM areas include: aerospace engineering, astrophysics, astronomy, biochemistry, biomechanics, chemical engineering, chemistry, civil engineering, computer science, mathematical biology, nanotechnology, neurobiology, nuclear physics, physics, and robotics, among many, many others.

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MARKET

Bechtel selected as delivery partner for Metrolinx' Ontario Line

Bechtel | December 09, 2021

Bechtel, one of the world's most respected engineering, construction and project management companies, has been selected as the delivery partner for Metrolinx' Ontario Line in Toronto, a vital part of plans to create a more connected regional transit system. Bechtel, with sub-vendors Bantrel Co. and Comtech Group Inc, will provide resources, experience, and knowledge in preparation for the construction of the 15.6 kilometer (9.7 miles) rapid transit line through the city of Toronto. The Ontario Line will be the first new subway line project in 50 years with Bechtel bringing its expertise of working in similar urban environments to better maximize opportunities for contractors to deliver the project and engage with community and industry stakeholders to address construction concerns. "Bechtel is extremely pleased to have been selected by Metrolinx as their delivery partner for the Ontario Line in Toronto,Our team will bring considerable experience and lessons learned from similar recent roles around the world to help establish a collaborative integrated project team with the client and its other consultants and contractors. We look forward to the challenges and excitement of this historic project." -Kelvin Sims, Bechtel general manager, Infrastructure Americas. The project will require a mix of surface, elevated, and underground tracks to bring transit to more communities and will travel through dozens of vibrant neighborhoods. "The Ontario Line will be part of a truly integrated transit network that will make getting around the city and the entire region easier and more intuitive,Teams across Metrolinx are excited for this important project which will lift communities up and make them more successful and sustainable as the city grows." -Malcolm McKay, Ontario Line program sponsor for Metrolinx. The northern terminus will be located near the Science Centre and a critical connection to the Eglinton Crosstown Light Rail Transit line. The project's southern terminus will be at or near Exhibition Place and Ontario Place along the City's waterfront. The project includes 15 stations, six interchanges with other modes of transit, passenger pick-ups and drop off areas, and a maintenance and storage facility. The current anticipated completion of the project is end of 2030. About Bechtel Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.Bechtel serves the Energy; Infrastructure; Nuclear, Security & Environmental; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com

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ENGINEERING TECH

Bowman Expands Texas Operations Through Acquisition of Houston and San Antonio based Terra Associates, Inc.

Terra, Inc. | December 28, 2021

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), announced it had entered into a definitive purchase agreement for the acquisition of Terra Associates, Inc. (“Terra”). Closing is scheduled to occur on December 31, 2021, subject to customary closing conditions. Headquartered in Houston, Texas, Terra delivers civil design and engineering solutions to clients focused on traffic and transportation planning, water-wastewater solutions, landscape and irrigation systems, office and industrial facilities, and multi-family development. Under the continuing leadership of Vickie Henkel, Terra’s staff of 30+ professionals work from offices in Houston and San Antonio for both public and private sector clients. In connection with their water-wastewater practice, Terra serves in the role of District Engineer for several Texas-based Municipal Utility Districts (MUDs).“Terra is a company with a forty-year heritage of serving eastern Texas,” said Gary Bowman, CEO of Bowman. “The leadership of Terra has surrounded themselves with a team of committed and energetic professionals who will all be great additions to Bowman. We have been intent on growing our Texas operations and this acquisition, following closely on the heels of our acquisition of 1519 Surveying, fortifies Bowman’s presence in the Lone Star state. Terra’s experience in commercial site work, transportation design and utility district services are highly complementary to our portfolio of services and align with our growth plans and evolving market demand. I am pleased to welcome everyone at Terra to Bowman and I am excited about the potential for our future together. “Choosing to join Bowman was an easy decision, Bowman’s approach to growth is very exciting to all of us at Terra. We’ve gotten to know the leadership at Bowman over the course of the acquisition process and we all feel very comfortable with the decision. Their commitment to helping our leadership and staff grow without changing the core of who we are is a big part of what makes us excited about this opportunity. The opportunity to be a part of an entrepreneurial public company is both exciting and energizing. We are all looking forward to the future as a Bowman company.” -Vickie Henkel, CEO of Terra The acquisition, which the Company expects to be immediately accretive, was financed with a combination of cash, seller financing, and stock. The Company expects the Terra acquisition to initially contribute approximately $5.5 million of annualized net service billing. “We are continuing to execute on our commitment to growth at a reasonable price,This will be our last acquisition in 2021, and it brings our annualized acquired revenue for the year to approximately $36 million. The Terra acquisition is within our target multiple range and it meets all of our objectives for operating performance metrics. As is our practice, we will provide more detailed information on M&A activities and pipeline in connection with scheduled quarterly communications.” -Bruce Labovitz, Bowman’s CFO About Terra, Inc. Terra Associates, Inc. (Terra) has provided civil engineering, surveying, economical design, project management and permitting services for multi-family, retail developments, office/industrial projects, and municipalities for over forty years. During its award-winning history, the company has added traffic engineering, landscape architecture and irrigation design services. With multiple certifications including LEED, Texas HUB, and SBE, Terra’s team of 30+ professionals work every day to exceed client expectations for reliability and innovation. Additional information on Terra, its team, and its projects can be found at www.terraassoc.com. About Bowman Consulting Group Ltd. Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering innovative infrastructure solutions to customers who own, develop, and maintain the built environment. With 950 employees and more than 35 offices throughout the United Sates, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. On May 11, 2021, Bowman completed its $51.7 million initial public offering and began trading on the Nasdaq under the symbol BWMN. For more information, visit www.bowman.com.

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ENGINEERING TECH

DPIS Builder Services Rebranding as ARCXIS™

ARCXIS | February 10, 2022

It is announced that DPIS Builder Services (DPIS) and its subsidiary companies – Ei Companies (Energy Inspectors, LLC, Ei Engineering, LLC and Ei Risk Management, LLC), Post-Tension Solutions of Texas, Inc., Ensign Building Solutions Home Energy Division, and Building Energy – are rebranding as ARCXIS. This final step in the combination of these leading construction industry professional services firms recognizes ARCXIS' position as the largest provider of HERS inspections, Energy Star ratings, engineering and design, construction quality assurance and other builder services to the U.S. residential construction market. Established in 1988 as Dale Phillips Inspection Services, DPIS Builder Services was founded to help residential builders build better homes, more quickly, at lower cost and with less risk; a mission that still drives its focus today. In 1995, the company expanded its services to include structural engineering, changing the company name to DPIS Engineering, LLC. DPIS continued to grow and expand its services adding energy inspection services in 2001 and HVAC design in 2016. In the years that followed, DPIS began a significant growth trajectory with the acquisition of Infrared Solutions in Waco, Texas in 2016, Simple Energy Testing (SET) in Minneapolis, Minnesota in January of 2018 and The Home Energy Group (HEG) in the Carolinas in May of 2018. This led to changing the company name to DPIS Builder Services, illustrating the company's true nature of providing a full suite of builder services.In November 2020, DPIS acquired Ei Companies (Ei). Founded as Energy Inspectors in 1996, Ei focused on the emergent field of energy efficiency and sustainability in residential and commercial construction in the Nevada, Arizona, and California markets. Through the years, Ei continued to expand its footprint and portfolio of services adding HVAC design, MEP engineering, and construction quality assurance inspections. Like DPIS, with its code compliance and quality assurance services, Ei was present during the entire construction process to meet clients' sustainability and efficiency goals. This created a perfect synergy between the two companies to combine forces to create the first truly national engineering, design, and inspection services platform. The acquisition of Ei included ABCO Construction Services, LLC, a leading risk management firm servicing the multi-family construction insurance sector which was purchased by Ei in the months prior to the DPIS acquisition. In February of 2021, DPIS acquired Post-Tension Solutions of Texas (PTS) and United Structural Consultants (USC), leading providers of structural engineering and inspection services for both single and multi-family builders. The addition of PTS and USC to the company further enhanced the company's market presence in Texas and further solidified DPIS Builder Services as the single source solution for builders nationwide. In April of 2021, DPIS acquired the Home Energy Division of Cumming, Georgia based Ensign Building Solutions. The acquisition solidified DPIS as the largest HERS rater in Georgia and strengthened the company's eastern region. In July of 2021 DPIS acquired Building Energy, Idaho's leading provider of independent ratings and certification of single-family and multi-family residential homes for above-code energy efficiency programs. As of the end of 2021 DPIS and its subsidiaries touched one of every 9 new homes built in the United States. "The creation of a single brand uniting DPIS, Ei, and the rest of our companies serving the residential construction market is the recognition of our over 100 combined years of partnering with our clients, including nearly all our nation's top 20 residential builders, to build better homes. As the leading provider of HERS and Energy Star inspections, design, engineering, and quality assurance inspection services for residential homebuilders,We partner with our clients throughout the construction process. Our scale allows us to leverage the strength and expertise gained in dozens of local construction markets across over half of the states in the U.S. to provide consistency and efficiency at scale in the services we provide.We want to thank our builder partners for making our growth possible and look forward to many more years of successful collaboration ahead." -Jonathan Risch, CEO of ARCXIS. To experience what ARCXIS can do for you, contact our Houston (TX) headquarters at (855) 500-3747, or one of our regional offices located in Atlanta (GA), Minneapolis (MN), Phoenix (AZ), Las Vegas (NV), San Diego (CA) or Pleasant Hill (CA). Interested parties can find full information by visiting our new website at www.arcxis.com. About ARCXIS ARCXIS (Houston, Texas), is the largest provider of inspection, design, engineering, and quality assurance services for the U.S. residential construction industry. Formerly known as DPIS Builder Services, Ei Companies, Post-Tension Solutions, Ensign Building Solutions Home Energy Division, and Building Energy, ARCXIS brings together hundreds of years of expertise and experience under a single brand serving builders in over half of the states spanning the continental United States. The ARCXIS group of companies also includes ABCO Construction Services, LLC (Centennial, Colorado) and structural engineering firm United Structural Consultants (Houston, Texas). Both ABCO and USC service the multi-family, multi-use, and commercial sectors of the construction industry. ARCXIS is majority owned by Saw Mill Capital, LLC (Briarcliff Manor, New York). Visit us online at www.arcxis.com.

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