San Francisco, Calif., ­ April 3, 2000 - Buzzsaw.com, Inc., (www.buzzsaw.com) the leading digital B2B marketplace for the building design and construction industry, today announced the completion of its second round of financing totaling $75million. Morgan Stanley Dean Witter¹s Private Equity and Real Estate Private Equity Groups led the second round along with Bank of America, and Impact Ventures. Both of the first round investors Autodesk, Inc. and Crosspoint Venture Partners also participated in this round, bringing the total capital Buzzsaw.com has raised to $90 million.

Since launching its site November 1, 1999, Buzzsaw.com has experienced rapid growth, adding an average of 300 new building and design projects per week to its Web-based collaboration workspace. Buzzsaw.com¹s current total of approximately 5,500 active projects far exceeds that of any other online marketplace serving the building design and construction industry. With this round of funding, the company will extend its marketing, sales, and engineering efforts, explore key acquisitions and expand its presence into international markets. Buzzsaw.com is working toward providing comprehensive service offerings that will address all the core functions of building design and construction industry.

This funding will support our continued growth as we add the resources needed to fully realize our market potential,² said Carl Bass, chief executive officer of Buzzsaw.com. ³Buzzsaw.com is committed to providing the building design and construction industry with a full range of online services and e-commerce tools that are easy to use, require no special software or set-up consulting and help industry professionals work more efficiently.

About Morgan Stanley Dean Witter Private Equity
Morgan Stanley Dean Witter Private Equity is the private equity business of Morgan Stanley Dean Witter (NYSE: MWD), a global financial services firm. Since its founding 15 years ago, funds managed by Private Equity have invested $4 billion in more than 160 companies around the world. Morgan Stanley Dean Witter Private Equity manages a group of funds that invest in technology companies with a focus on e-commerce, data communications, Internet infrastructure and information technology services.

About Morgan Stanley Real Estate Private Equity
Morgan Stanley Real Estate Private Equity (www.msdw.com/realestate/equity) is the real estate private equity business of Morgan Stanley Dean Witter and one of the leading global real estate investors. Since its inception in 1991, funds managed by Morgan Stanley Real Estate Private Equity have invested over $3 billion of equity in almost $16 billion of assets and companies around the world. Morgan Stanley Real Estate Private Equity manages a group of funds that invest in real estate assets, public and private real estate operating companies and other real estate-related opportunities.

About Bank of America
Bank of America Corporation, with $633 billion in total assets, is the holding company for the largest bank in the United States, with operations in 21 states and the District of Columbia. Bank of America Real Estate Group has over 1,700 professionals in more than 80 cities around the world delivering banking capabilities and capital market resources to help REITs and real estate operating companies, lodging companies, homebuilders, internet companies, funds and investors achieve financial success.

About Impact Venture Partners
Impact Venture Partners, L.P. is a $100 million early stage venture capital fund that invests exclusively in Internet-related products and services. The fund focuses on three strategic investment areas: e-business commerce, application service providers and content infrastructure. The Fund¹s mission is to achieve superior returns by identifying innovative companies addressing the needs of large emerging markets, investing across the life cycles of these ventures and working closely with entrepreneurs to build successful enterprises. Portfolio companies include National Transportation Exchange (NTE), FreeMarkets/iMark.com, CenterBeam, Opus360/FreeAgent.com, CarsDirect.com, OpenTable.com, GoAmerica, Keen.com and PartMiner.com. Impact is lead by Adam R. Dell, Managing General Partner and Rene Benedetto, Principal.

About Autodesk
Autodesk is the world's leading design and digital content creation resource. The company is providing software and Internet portal services to help customers drive business through the power of design. One of the largest software companies in the world, Autodesk helps designs become a reality for more than four million customers in over 150 countries. For more information, contact any Authorized Autodesk® Reseller, call Autodesk at (800) 964 6432, or visit www.autodesk.com.

About Crosspoint Venture Partners
Crosspoint Venture Partners manages over $1.5 billion for early staged companies in the B2B eCommerce market. Crosspoint has invested in over 50 B2B companies including 12 Net Market Exchanges like Buzzsaw. Crosspoint's public portfolio of investments includes Ariba, Avanex, Bracade Communications, Covad Communications, Digital Island, Foundry Networks, Efficient Networks, Juniper Networks, Kana Communications. Founded in 1970, Crosspoint is in Woodside and Irvine, California.

About Buzzsaw.com,Inc.
Buzzsaw.com is the premier B2B marketplace and collaboration workspace for the $3 trillion building design, construction and real estate management industries. Buzzsaw.com helps building professionals‹architects, engineers, underwriters, contractors and facilities managers‹to work more efficiently at every stage of the construction and building management process. The largest and fastest-growing online resource for the construction industry, Buzzsaw.com provides a comprehensive set of Web-based project hosting and collaboration tools, news and information, directories and e-commerce services. Based in San Francisco, Buzzsaw.com, Inc. is a privately held company backed by Autodesk, Inc. and leading venture capitalists.