UGS Sponsored Racing Teams Continue To Win: UGS NX Software Helps KB Racing’s Greg Anderson Win Mac Tools U.S. Nationals in Indianapolis

KB Racing Teammate Jason Line and Anderson are 1-2 in the Championship Standings

FOR RELEASE Friday, September 8, 2006

PLANO, Texas – UGS Corp., a leading provider of product lifecycle management (PLM) products and services, today announced UGS-sponsored Greg Anderson and KB Racing – whose cars are developed with the help of UGS® digital product development technology – won the National Hot Rod Association (NHRA) Mac Tools U.S. Nationals, the biggest race of the year, at O’Reilly Raceway Park in Indianapolis.

Anderson, the three-time and reigning NHRA Pro Stock world champion and the 2005 Speed Channel Driver of the Year, posted a 6.687 at 206.83 mph to win the Indy championship for the fifth time in his history book career.  With this win Anderson joins legends Bob Glidden and the late Lee Shepherd as one of only three Pro Stock racers to win four consecutive Indy races.

The KB Racing team, with drivers Anderson and Jason Line, has taken the #1 qualifier position in 14 out of 18 events this year and won 5 out of 18.  With five races to go, Line and Anderson are now 1-2 in the championship standings, with Line leading Anderson by 59 points.

“UGS congratulates Greg Anderson and KB Racing for this historic win and wishes the team good luck in the final stretch of the season,” said Dave Shirk, executive vice president of Global Marketing for UGS. “2006 has been a strong season for racing teams innovating with UGS technology. We are proud that our PLM technology, which helps customers all over the world produce innovative new products, also helps UGS-sponsored racing teams produce victories to continue the winning tradition.”

A Tradition of Technology and Tracks

UGS has a long tradition providing NX® software, UGS’ comprehensive digital product development solution, and Teamcenter® software, UGS’ digital lifecycle management solution and the world’s most widely used PLM portfolio, through racing sponsorships. Joe Gibbs Racing, winner of the 2005 NASCAR® NEXTEL Cup Championship, Hendrick Motorsports (participant in the NASCAR® NEXTEL Cup Series) and Andretti Green Racing, winner of the Indy Racing League® (IRL) IndyCar® Series Championship two years running, have been using UGS software for several years to help develop their cars and improve their performance on the race track. KB Racing, winner of the National Hot Rod Association (NHRA) Pro Stock Championship for three straight years, began using UGS technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using Tecnomatix™ software, UGS’ best-in-class digital manufacturing solution.

About UGS

UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 customers worldwide. Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation.

Note: UGS, NX, Teamcenter, Tecnomatix and Transforming the process of innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries.  NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holder