04 March 2008

Companies in PLM Market's Fastest Growing Segment Select Siemens PLM Software's Velocity Series "Repeatedly Over Competitors"

PLANO, Texas, March 6, 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, today announced new customers around the globe who have selected products from its Velocity Series™ portfolio.

Siemens PLM Software’s Velocity Series portfolio is the industry’s first comprehensive, preconfigured portfolio of digital product design, analysis, manufacturing and data management software for the PLM mid-market.

“The mid-market is still the fastest growing market segment in the PLM space and these wins illustrate our continued leadership in the segment as companies select our portfolio repeatedly over competitors,” said David Shirk, executive vice president, Marketing, Siemens PLM Software. “These new customers represent both small and medium sized businesses and come from a variety of industries around the world.”

“In the past, we used to think of PLM as a tool for the engineering departments of the 'big boys,'” said Joe Barkai, practice director, Product Lifecycle Strategies Manufacturing Insights, an IDC Company. “But more and more smaller companies are using PLM not only because they are required to do so by their customers, but also because PLM tools are becoming more accessible, and easier to implement and use; all at a lower total cost of ownership. The growth of PLM investment in the SMB market has accelerated over the last several years and is now outpacing the overall PLM market."

SMB customers implement Siemens PLM Software’s Velocity Series

Siemens PLM Software today announced the following new customers for its Velocity Series portfolio, several of which selected the company’s software over competitors:

  • The UK Science and Technology Facilities Council, one of Europe's largest multidisciplinary research organizations supporting scientists and engineers worldwide, signed a five-year contract with Cutting Edge Solutions Ltd, a leading solution partner in the UK. The contract includes Solid Edge®, CAM Express™, Teamcenter® Express, Femap® and NX® software for at least 160 users.
  • IHC Merwede (the Netherlands), a global leader in designing and building specialized dredging material and complex, custom-built offshore ships, has selected Solid Edge and Teamcenter Express software to shift from 2D to 3D design (See separate release)
  • Algar Plastics (Canada), a manufacturer of point of purchase display systems, has selected Solid Edge and CAM Express for its design and manufacturing needs. (See separate release)
  • Verhoeven Oss B.V. (the Netherlands), custom-made materials handling and conveyor technology manufacturer, has standardized on Teamcenter Express cPDM. “We selected Solid Edge 3D CAD over SolidWorks and Inventor for our engineering department seven years ago,” said Mr. T. van den Akker, director of Verhoeven Oss B.V. “Today we are still innovating and we want to reduce our engineering costs even more, so we selected Teamcenter Express. We now have 24 licenses of Solid Edge and Teamcenter Express, supported through our reseller Bosch Engineering.”
  • G & H Tool & Die Inc. (Union City, Tenn.), a mid-tier tool and die/special machine and fixture supplier to the automotive and consumer appliance industry, purchased Solid Edge software and CAM Express software to decrease time associated with stamping/machine design and repair, along with the need for 3D machining capabilities. G & H’s need for a more robust CAD/CAM solution led to the selection of Solid Edge over AutoCAD® and SolidWorks®.
  • Kunming Precision Mechanics Institute (China), a leading provider of precision instruments in China, purchased Solid Edge to shorten design cycle time and improve product quality. Solid Edge's ability to protect the company’s investment in legacy data and its embedded analysis solution, Femap Express software, helped them make the final decision to select Siemens PLM Software’s solution.
  • Océ Display Graphics Systems (Richmond, BC, Canada), a leading developer of production large format digital printing and imaging systems, will use Teamcenter Express as its cPDM system for CAD data management and document management.
  • Burgmann Industries GmbH & Co. KG (Germany), one of the world’s leading seal manufacturers, will implement Solid Edge for the 3D development of its products and Teamcenter for product data management and data integration into its ERP system. (see separate release)

For information about Velocity Series products, visit www.siemens.com/velocity.

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, NX, Solid Edge, Femap, CAM Express and Velocity Series are trademarks or registered trademarks 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.

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