10 January 2012

MIDAS IT Selects Siemens PLM Software's D-Cubed Components to Power New CAE Solution for AEC Market

PLANO, Texas, January 10, 2012 - 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 that its D-Cubed™ software has been selected to power a new offering from MIDAS Information Technology Co., Ltd., a Korean-based supplier of civil, structural and mechanical engineering software and consulting services, and a major supplier of computer-aided engineering (CAE) software for architectural and civil engineering. The company will use the D-Cubed 2D Dimensional Constraint Manager (2D DCM) and 3D Dimensional Constraint Manager (3D DCM) geometric constraint solving software components in a new CAE solution aimed at the architecture, engineering and construction (AEC) market, including civil engineering.

“Our evaluation of geometric constraint solving software components confirmed the feedback we received from all the experts we consulted, who strongly recommended Siemens PLM Software’s D-Cubed 2D DCM and 3D DCM,” said Dae-Seock Shin, Director of R&D, MIDAS IT. “We selected these components because they meet all of our needs, are very reliable and open, and are the industry’s most widely used solutions for geometric constraint solving, with a strong reputation among their customers.”

MIDAS IT is an existing customer of Parasolid® software, the industry-leading 3D geometric modeling component from Siemens PLM Software for CAD/CAM/CAE as well as AEC applications. The new CAE solution from MIDAS IT for the AEC market will use Parasolid to power its 3D geometry engine. It will also use the 2D DCM to support its parametric sketcher and the 3D DCM to support its constraint-based assembly part-positioning capability.

“By listening to specialty software suppliers like MIDAS IT, we are able to ensure our component solutions continue to meet the needs of all or our customers,” said Paul Sicking, Chief Technology Officer, Siemens PLM Software. “We believe that the ability to sustain our leadership position, with solutions like Parasolid and the D-Cubed components, is a testament to our focus on the customer and our open business model. The continued expansion of these solutions into both the CAE and AEC markets is further validation of our business strategy.”

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 7 million licensed seats and more than 71,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies to deliver open solutions that help them turn more ideas into successful products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About the Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg, Germany) supports the entire value chain of its industrial customers – from product design to production and services – with an unmatched combination of automation technology, industrial control technology, and industrial software. With its software solutions, the Division can shorten the time-to-market of new products by up to 50 percent. Industry Automation comprises five Business Units: Industrial Automation Systems, Control Components and Systems Engineering, Sensors and Communications, Siemens PLM Software, and Water Technologies. For more information, visit www.siemens.com/industryautomation

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Parasolid and D-Cubed 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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