28 August 2006

Mitsubishi Heavy Industries Selects NX Nastran as Its Structural Analysis Platform

FOR RELEASE Monday, August 28, 2006

PLANO, Texas and TOKYO – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that Nagoya Guidance & Propulsion Systems Works of Mitsubishi Heavy Industries, Ltd. (MHI) has selected UGS’ NX™ Nastran software to perform the structural analysis of its rocket engine.

NX Nastran, which is at the core of UGS’ Lifecycle Simulation strategy, has set the standard for high performance computer-aided engineering (CAE) and enables real-time simulation throughout the product lifecycle. MHI selected NX Nastran as one of its important analysis solvers following the benchmark study. NX Nastran’s large-scale analysis capabilities, advanced structural analysis technology and high performance computing were all key decision factors in the selection.

Large-scale analysis is critical to minimize the manufacturing and physical testing cost of rocket engines, which can cost tens of thousands of dollars each. Structural analysis is essential for rocket engine development to ensure functionality and durability prior to launch. High performance computing is necessary to analyze larger models. NX Nastran’s parallel calculation performance of linear static analysis and engine value analysis of 1.5 to 2 million node points provides significant value to MHI.

“We selected UGS’ NX Nastran because it can execute critical structural analysis that we were not able to do with our legacy system,” said Takashi Ito, Engine & Control Equipment Engineering Department, Nagoya Guidance & Propulsion System Works, Mitsubishi Heavy Industries, Ltd. “UGS provides MHI the scalability and performance we need to continue to enhance innovation. We look forward to leveraging NX Nastran’s non-linear capabilities in the near future.”

“UGS is pleased to work with MHI, Japan’s leading aerospace manufacturer, and contribute to the development of the leading-edge rocket engine,” said Haruyoshi Iida, senior vice president and general manager, Japan Operations, UGS. “Earlier this year we announced several aerospace and automotive industry leaders as new customers of NX Nastran. Today’s announcement highlights NX Nastran’s momentum, its high product quality and serves to reinforce the role of CAE as a key component of a comprehensive PLM strategy.”

NX Nastran is a premium CAE tool that major manufacturers worldwide rely on for their critical engineering computing needs to produce optimized designs within increasingly shorter design cycle times. For over 30 years, Nastran has been the analysis solution of choice in almost every major industry including aerospace, defense, automotive, shipbuilding, heavy machinery, medical and consumer products – an industry standard for the computer-aided analysis of stress, vibration, structural failure/durability, heat transfer, noise/acoustics and flutter/aeroelasticity. For more information, visit www.ugs.com/products/nx/simulation/advanced/nastran/

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 and Transforming the process of innovation are trademarks or registered trademark of UGS Corp. or its subsidiaries in the United States and in other countries. Nastran is a trademark of NASA in the United States.  All other trademarks, registered trademarks or service marks belong to their respective holders.

The statements in this news release that are not historical statements, including statements regarding the expected benefits of the customer relationship, the successfulness of the implementation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to loss or downsizing of customers, competition, international operations and exchange rate fluctuations, changes in pricing models, partnering strategy, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q for the period ended June 30, 2006 filed with the SEC.  UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.