15 April 2008

Siemens PLM Software Receives Fiat Group Supplier Award

PLANO, Texas and TORINO, Italy, April 17, 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, announced that its Italy division has received the prestigious “Fiat Group Supplier Award” for its solutions and services.

The Fiat Group Supplier Award is given annually to suppliers that have delivered remarkable solutions and services related to innovative strength, project management, stringent development and outstanding co-operation. Siemens PLM Software’s history with Fiat spans more than seven years during which Fiat used Teamcenter®, NX™ and Tecnomatix™, expanding and increasing its efforts into virtual product development and digital validation.

“PLM is a key factor to our product and process development across Fiat Group Automobiles and other Group Companies and allows us to simultaneously work on shared vehicle programs between the different worldwide engineering sites,” said Gilberto Ceresa, Information & Communication Technology Fiat Group Senior Vice President. “Through Siemens PLM software we have implemented an integrated product and process environment enabling the virtual validation with dramatic prototype reductions and an increase the quality of our product. Today the development of new vehicles has to be undertaken almost entirely through virtual product development and analysis.”

“We are proud and honored to receive this acknowledgement for our efforts in supplying the best solutions and high quality service to Fiat Group Companies,” said Franco Megali, vice president and managing director, Siemens PLM Software, Italy. “We look forward to continuing our partnership with Fiat Group to support their innovative solutions and best-in-class products.

About Fiat Group

Fiat is an industrial group with more than one hundred years' experience in the motor vehicle field, designing, manufacturing and marketing cars, trucks, tractors, agricultural machinery, construction equipment, motor vehicle engines and components, and production systems. The group is present in 190 countries and performs manufacturing and service activities through Operating Sectors, which can be divided into the several business areas: Automobiles, Agricultural and Construction Equipment, Trucks and Commercial Vehicles, Components and Production Systems. For more information, visit www.fiatgroup.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. NX, Teamcenter and Tecnomatix 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 product names referenced herein are the property of their respective owners.