UGS PLM Software Announces Series of Major Contract Wins with Customers around the World

Contract Wins Cross UGS PLM Software Portfolio, Numerous Key Industries for PLM

Siemens Automation and Drives and UGS PLM Software to Share Details of New Vision for “Changing the Game” in the PLM and Automation Markets

NEW YORK, June 19, 2007 – UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced multiple contract wins with key customers spanning UGS PLM Software™ product suites, major industries and global regions around the world.

UGS PLM Software made the announcements in conjunction with its annual industry analyst event, at which key company executives plan to share the company’s go-forward vision for the PLM and production automation markets.

“Siemens and UGS have come together to drive both a compelling and shared vision for changing the game in the PLM and automation markets through the integration of the virtual world and the physical world. We have already started to execute on this vision, and it’s now time to take our plans out to the market,” said Tony Affuso, chairman and CEO of UGS PLM Software. “The combination of Siemens and UGS will strengthen our ability to enable Global Innovation Networks as well as an open architecture on which companies can accelerate their own ability to innovate.”

Today’s contract announcements:

• General Motors Corporation (NYSE: GM) to extend its current PLM software license agreements with UGS PLM Software. The agreements extend the use of UGS PLM Software’s PLM technology and services and expand GM’s use of UGS Tecnomatix™ software, UGS PLM Software’s best-in-class digital manufacturing solution for factory layout, simulation and process planning. (See separate release)
  
• Fischer Automotive Systems GmbH, a global automotive supplier that produces kinematics components, will use UGS PLM Software’s UGS Teamcenter for the development and production of multifunctional car interior pieces such as ashtrays and air vents, and for the kinematics of individual components. The Fischer Group has used UGS NX for more than 20 years in its construction and manufacturing processes. (See separate release)
  
• The Machinery Division of LS Cable, one of the largest cable manufacturers in South Korea, has standardized its Product Data Management (PDM) with UGS PLM Software’s UGS Teamcenter portfolio. The Machinery Division of LS Cable manufactures tractors, air-conditioners, refrigerators and injection molding machines. LS Cable also uses UGS NX, UGS PLM Software’s digital product development software, and has done so for more than five years. (See separate release)
  
• Procter & Gamble (P&G) (NYSE: PG) renewed its commitment to UGS PLM Software with a contract extension focused on expanding the benefits P&G experienced through the use of UGS PLM Software technology at the business unit level across the company. P&G has realized important value in terms of innovation, quality and cost savings from the full suite of UGS PLM Software solutions, which the company has deployed at the business unit level worldwide. (See separate release)
  
• Teradyne (NYSE:TER), a leading supplier of automatic test equipment used to test complex electronics for the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries, has implemented UGS PLM Software’s UGS Teamcenter product data management (PDM) solution as its PLM platform. (See separate release)
  
• Hidral, S.A., a Spanish company specializing in elevator design and manufacturing, selected UGS PLM Software’s UGS Teamcenter solution in order to transform their process of innovation through knowledge sharing and optimizing the product development process. (See seperate release)
  
• Xiamen Overseas Chinese Electronic Co., Ltd. (XOCECO) selected UGS PLM Software’s UGS Teamcenter product data management (PDM) solution as the backbone for its first PLM implementation. As one of the leading electronic producers in China, XOCECO manufactures a wide range of quality products such as audio-visual equipment and telecommunication devices, which are sold in China and exported to more than 100 countries worldwide, where its products are known as PRIMA brand. (See separate release)

About UGS PLM Software
UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.4 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS PLM Software’s open enterprise solutions enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services. For more information on UGS PLM Software products and services, visit www.siemens.com/ugs.

About Siemens Automation and Drives
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.

# # #

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS, UGS NX, UGS Teamcenter and UGS Tecnomatix are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. All other product names used herein are the properties of their respective owners.

Primary Contact

Salim Rahimi

Siemens

+1 972 987 3206

salim.rahimi@siemens.com