11 October 2007

Siemens PLM Software Technology Helps Riley Technologies Win Fourth Consecutive Rolex Sports Car Series Grand-Am Constructor Championship

PLANO, Texas, October 12, 2007 – Siemens PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced that Riley Technologies – whose cars are developed with the help of Siemens PLM Software technology – won the 2007 Rolex Sports Car Series Grand-Am Constructor Championship for the fourth consecutive year.

Riley Technologies’ MkXI Grand American Daytona Prototype race car, which is developed using Siemens PLM Software technology, is used by various race teams that compete in the Grand-Am Rolex Sports Car Series. Riley Technologies utilizes NX® software, Siemens’ CAD/CAM/CAE solution set, for the design and evolution of its race cars. NX helps Riley Technologies reduce part development time and virtually evaluate various configurations to enhance overall performance.

For the fourth season running, a Riley Technologies-developed car won both the Drivers and Team Rolex Sports Car Series Championships. The No. 99 GAINSCO Pontiac-Riley of Jon Fogarty and Alex Gurney claimed the 2007 championship at Miller Motorsports Park in Utah. The No. 99 car started every race of the 2007 season from the front row including 10 poles.

In addition to developing winning race cars, Riley Technologies also races cars through the Riley - Matthews Motorsports race team. The race team provides a platform for Riley Technologies to quickly test new enhancements on the track in a competition setting, which helps speed up development to better serve its customers. The Riley-Matthews Motorsports team won the final race of the season, the Sunchaser 1000k, at Miller Motorsports Park.

“Winning the championship four consecutive years is a testament to our ability to work effectively as a team, and Siemens PLM Software is an important member of our winning team,” said Bill Riley, vice president, Riley Technologies, which has now used Siemens PLM Software technology for more than 10 years. “This is a very competitive league and bringing home four consecutive championships is a great accomplishment. We rely on Siemens PLM Software technology to help us stay ahead of the competition.”

“Siemens PLM Software congratulates Riley Technologies for winning the 2007 Rolex Sports Car Series Grand-Am Constructor Championship,” said Dave Shirk, executive vice president of Global Marketing for Siemens PLM Software. “The Riley Technologies racing team has shown great focus and consistency in winning four consecutive championships and we are pleased to be part of this winning team and we look forward to continuing our longstanding relationship. Siemens PLM Software is helping our race teams win the same way we help our customers win, by providing the best PLM technology in the market.”

As the 2008 Grand Am Rolex Sports Car Series adapts new regulations for the top Daytona Prototype class, Riley Technologies will continue to work to find the edge against a highly competitive field. Riley Technologies is also anticipating a highly successful 2008 season in the Rolex GT Class, which boasts several Riley-designed chassis mated to a variety of different body styles. The GT Chassis, Riley Technologies Mk XV, was also developed using Siemens PLM Software technology and scored three wins in a strong 2007 season.

A Tradition of Technology and Tracks

Siemens PLM Software has a long tradition of providing NX software, Siemens’ comprehensive digital product development solution, and Teamcenter® software, Siemens' digital lifecycle management solution and the world’s most widely used PLM portfolio, through racing sponsorships. Hendrick Motorsports, winner of the 2006 NASCAR NEXTEL Cup Championship; Joe Gibbs Racing, winner of the 2005 NASCAR NEXTEL Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR NEXTEL Cup Championship; and Andretti Green Racing, winner of the 2004, 2005 and 2007 Indy Racing League® (IRL) IndyCar® Series Championship; have been using Siemens PLM Software for many years to help develop their cars and improve their performance on the race track. KB Racing, winner of the National Hot Rod Association (NHRA) Pro Stock Championship for four straight years, began using Siemens PLM Software technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using Tecnomatix® software, Siemens PLM Software’s best-in-class digital manufacturing solution.

About Siemens PLM Software

Siemens PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 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 Automation and Drives

The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS Velocity Series and Solid Edge are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries.

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