Press Release

Plano, Texas, May 14, 2014

Siemens’ Parasolid Software Selected by GrabCAD for Cloud-based PDM

Parasolid emerging as component of choice for cloud-based solutions

GrabCAD Incorporated ("GrabCAD") has licensed Siemens’ Parasolid® software to provide 3D model interrogation, inspection and visualization within its Workbench application for cloud-based product data management (PDM). Developed by Siemens’ product lifecycle management (PLM) software business, Parasolid is emerging as the component of choice for cloud-based solution providers who require a 3D geometric modeling kernel. This represents the third major Parasolid license agreement with cloud-based solution providers in the last nine months and the first license for a cloud-based PDM application.

“Siemens PLM Software has proven itself to be a diligent and progressive market leader, consistently delivering the right PLM component technology that is used by millions of end-users,” said Jon Stevenson, Vice President of Technology, GrabCAD. “Software vendors that deploy geometry based applications in the cloud need to be confident that the component technologies they select deliver reliable, long-term solutions with superior functionality and proven quality. Parasolid has shown strong performance independent of operating systems and presentation frameworks, making it an ideal solution for cloud-based applications like ours.”

GrabCAD, a venture-backed leader in cloud-based product data management for mechanical computer-aided design (CAD) software, helps engineers get products to market faster by connecting people, content and technology. GrabCAD Workbench makes it easy for engineers to manage and share CAD files, work with partners and complete projects on time.

“GrabCAD is making significant advances in the way engineers manage and share 3D models in the cloud, regardless of their choice of CAD system,” said Paul Sicking, senior vice president, Chief Technology Office, Siemens PLM Software. “Breaking down the barriers to collaboration aligns with our own open philosophy, so we are excited to work with GrabCAD in pursuit of this important common goal.”

Parasolid, the industry-leading 3D geometric modeling component for computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) solutions, is licensed under an open business model by over 170 independent software vendors that develop and market more than 350 application products. Applications developed using Parasolid are able to seamlessly exchange geometry data, providing translation-free interoperability.

For further information on GrabCAD, please see www.grabcad.com.

For further information on PLM Component software solutions, please see www.siemens.com/plm/open.

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About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a world-leading provider of product lifecycle management (PLM) software, systems and services with nine million licensed seats and 77,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software helps thousands of companies make great products by optimizing their lifecycle processes, from planning and development through manufacturing and support. Our HD-PLM vision is to give everyone involved in making a product the information they need, when they need it, to make the smartest decision. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg, Germany) supports the entire value chain of its industrial customers – from product design to production and services – with an unmatched combination of automation technology, industrial control technology, and industrial software. With its software solutions, the Division can shorten the time-to-market of new products by up to 50 percent. Industry Automation comprises five Business Units: Industrial Automation Systems, Control Components and Systems Engineering, Sensors and Communications, Siemens PLM Software, and Water Technologies. For more information, visit www.siemens.com/industryautomation.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Parasolid is a trademark or registered trademark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

Primary Contact

Salim Rahimi
+1 972 987 3206
salim.rahimi@siemens.com

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