22 February 2008

Worldwide Vehicle Development of Volkswagen and Audi Will Be Based On Siemens PLM Software's Teamcenter Platform

PLANO, Texas and COLOGNE, Germany, February 26, 2008 –– Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, has received a major order from Volkswagen Aktiengesellschaft for delivery and implementation of its Teamcenter® product data management (PDM) software.

Volkswagen, Europe’s leading car maker, will use Teamcenter throughout the entire vehicle design and manufacturing process to create transparency in its processes, so that obligatory information on product maturity, productivity and cost will be available at any and every point in the process. The enterprise-wide project for product data management (K-PDM) at Volkswagen is laid out over several years and will include up to 45,000 users in the end stage. The essential goals are to establish efficient and consistent processes within the global development and planning network through the entire product development process – with K-PDM as central point for the product process within the Volkswagen group.

Contributing to the success of the program are several elements – accurate data and a synchronous supply for all brands, locations, individual sectors and levels, including suppliers and development partners The K-PDM project also encompasses the existing IT landscape, which will be consolidated and the costs optimized. The goals will be achieved through a specific Volkswagen change project that is based on a unified company wide product data management solution.

The decision to standardize on the Teamcenter portfolio was based on the software’s ability to integrate and provide a consistent solution beyond PLM, the market maturity of the software and Siemens PLM Software’s experience in the market.

The project will be executed over the next few years in committed car projects and different levels throughout the entire Volkswagen group. Following the successful completion of phase 0 and the “Go Live” decision in November 2007, Teamcenter will be used in production for future vehicle projects at Volkswagen and Audi.

“It is a pleasure for us to offer our services to a world-class company like Volkswagen and have them use our software, the market’s leading technology, on all future vehicle projects,” said Tony Affuso, chairman of the board and chief executive officer, Siemens PLM Software. “Siemens PLM Software’s Teamcenter technology is proud to support Volkswagen’s continuing initiatives on innovation, collaboration and speeding-up their vehicle development cycle.”

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About the Volkswagen Aktiengesellschaft

The Volkswagen Group, with its headquarters in Wolfsburg, is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2007, the Group increased the number of vehicles delivered to customers to 6.189 million (2006: 5.734 million). The Group operates 48 production plants in thirteen European countries and a further six countries in the Americas, Asia and Africa. Around the world, almost 325,000 employees are involved in the production of cars or in vehicle-related services. The Volkswagen Group sells its vehicles in more than 150 countries. The Group is made up of eight brands from six European countries: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Škoda und Volkswagen Commercial Vehicles. For further information please refer to www.audi.com or www.volkswagen.com

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 4.6 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens 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 Siemens PLM Software products and services, visit www.siemens.com/plm.

About Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg), a division of the Siemens Industry Sector, is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers – from product design and development to production, sales and a wide range of maintenance services.

Note: : Siemens and the Siemens logo are registered trademarks of Siemens AG. Teamcenter is a 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.