UGS’ Teamcenter 2005 Software Named “Technology of the Year” by INDUSTRYWEEK

FOR RELEASE Wednesday, November 16, 2005

PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced it is a winner in INDUSTRYWEEK’s 13^th annual Technology and Innovation Awards Program. The editors of the leading manufacturing management magazine have selected Teamcenter® 2005, the world’s most widely used PLM portfolio, as one of the five Technologies of the Year for 2005, making Teamcenter the only full-scale PLM offering receiving the prestigious award.

A complete list of winners and a profile of each winning technology are featured in INDUSTRYWEEK’s December 2005 issue and at www.industryweek.com beginning today.

“To select the winners, the editors solicit reader nominations for a judging process designed to recognize outstanding achievement in technology,” said Patricia Panchak, editor-in-chief, INDUSTRYWEEK Magazine. “To be eligible, candidate technologies must relate in a significant way to accomplishments and achievements in the current year. UGS’ Teamcenter 2005 is clearly a technology that helps manufacturers significantly enhance their product lifecycle process and we are pleased to reward UGS for this outstanding achievement.”

Winners of INDUSTRYWEEK’s Technology and Innovation Awards span the entire range of science and engineering. The editors seek developments that show great potential for redirecting business opportunities and creating new growth in the manufacturing world. Represented among the winners are software and hardware solutions for manufacturing, new computer-aided systems for management decision-making, R&D developments with the potential for creating new industries, and commercial products that represent bellwethers for fundamental change.

“Teamcenter 2005 is the technology foundation for UGS’ vision to enable organizations and their partners to collaborate through global innovation networks so that they can deliver world-class products and services to their customers,” said Chuck Grindstaff, executive vice president, Products for UGS. “We are honored that INDUSTRYWEEK has recognized Teamcenter 2005 as a Technology of the Year for its ability to help manufacturers worldwide realize this vision.”

About INDUSTRYWEEK

INDUSTRYWEEK, published by Penton Media, Inc., is the only magazine dedicated to covering the complexities of managing a manufacturing company in today’s new economy. Now in its 35^th year, IW has an audience of 200,000 subscribers. Copies of IW can be ordered through Hallmark customer service at 847-763-9670 or email your request to industryweek@halldata.com.

About Penton Media

Penton Media (OTCBB: PTON, www.penton.com) is a diversified business-to-business media company that produces market-focused magazines, trade shows and conferences, and online media. Penton’s integrated media portfolio serves the following industries: aviation; design/engineering; electronics; food/retail; government/compliance; Internet/information technology; leisure/hospitality; manufacturing; mechanical systems/construction; natural products; and supply chain.

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, Teamcenter 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.  All other trademarks, registered trademarks or service marks belong to their respective holders.