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20 March 2008

Leirvik Module Technology Selects Siemens PLM Software's Teamcenter as its Company-Wide PLM Platform

PLANO, Texas and STORD, Norway, March 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, today announced Leirvik Module Technology, a leading European supplier of offshore accommodation modules, selected Teamcenter® software as its company-wide PLM platform. Implementation locations include distributed design and production centers in Norway and Poland, encompassing more than 140 Teamcenter licenses.

“Teamcenter will provide major benefits, such as improved quality and engineering process cost savings between 10 and 15 percent,” said Kjell Arne Halleraker, vice president of Projects at Leirvik Modul Technology. “Teamcenter will also help us cut cycle time and build knowledge into our processes - ultimately reducing our time-to-market. This is an important competitive advantage in the booming offshore industry, which continuously requires shorter delivery times.”

Teamcenter, the world’s most widely used PLM portfolio, enables engineers at Leirvik MT’s distributed design centers and manufacturing facilities in Norway and Poland to unify all new product development and introduction activities into a single source of product and process knowledge, bridging the gap between the product design and manufacturing operations. Teamcenter’s multi-CAD environment also enables Leirvik MT to manage various CAD data formats within a single PLM solution.

“We are proud to work hand-in-hand with Leirvik Module Technology on their innovation efforts,” said Arie von Essen, Managing Director of Nordics and Russia, Siemens PLM Software. “Instant collaboration, configuration management and integration make Teamcenter a natural choice for winning companies like Leirvik Module Technology. This selection underscores our leadership in this important region of the world.”

“The best-in-class PLM technology of Teamcenter equips highly successful companies like Leirvik Module Technology, to become even more competitive,” said Helge Kjeilen, managing director of Summit Systems AS, Siemens PLM Software’s distributor in Norway. “Leirvik understands the future demands of engineering productivity and quality, and that is precisely why they selected Teamcenter.”

About Leirvik Module Technology

Leirvik Module Technology (formerly Leirvik Sveis AS) is one of the leading EPC Contractors for major off-shore modules and has delivered more Living Quarters modules for the North Sea than all of its competitors combined. Leirvik has considerable experience in engineering, procurement and construction of modules in both aluminum and steel. For more information on Leirvik Module Technology, visit www.leirvikmt.com.

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.