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19 January 2006

UGS Signs Worldwide Partnership Agreement with F1 in Schools, Demonstrates Commitment to Developing Future Engineers

FOR RELEASE Thursday, January 19, 2006

CAMBERLEY, UK– UGS Corp., a leading global provider of product lifecyclemanagement (PLM) software, today announced a worldwide partnership agreement with F1 in Schools to provide students with UGS’ Solid Edge® software and thus further its commitment to developing the next generation of engineers.

 

F1 in Schools is a non-profit organization charged with managing the F1 in Schools Technology Challenge in which children ages 11 - 18 design a model car using computer-aided design software and then compete in a series of regional and national competitions that eventually culminate in a world championship race.  Students from England, Wales, Scotland, Northern Ireland, Qatar, Brunei, China, Germany, Portugal, South Africa, UAE, Kuwait, Malaysia, Singapore, South Korea, Australia, Thailand, Kuwait and Canada are participating in this year’s program. 

 

“We value future generations and are committed to quality engineering,” said Henry Seddon, vice president of EMEA Marketing for UGS.  “The Technology challenge allows us to personally experience the enthusiasm and high standard of work produced by the program, while giving students an insight into a possible future career.”

 

“F1 in Schools is delighted to continue its association with UGS,” said Andrew Denford, founder and chairman, F1 in Schools Ltd.  “The key to our success is that just about any school in the world can now take part in this Global Challenge due to the availability of in-kind grants for advanced design software from UGS. With over 2 million students involved internationally in just over 4 years, we are extremely excited about the future!"

Bernie Ecclestone, chairman and CEO of Formula One Management, demonstrated his continued support for the challenge with an agreement to use a specially designed trademark protected logo across the world.  He said,“We are delighted to be supporting F1 in Schools.  It is extremely important to our sport to encourage young people to enter the world of high-performance engineering.  F1 in Schools is a truly global challenge, which meets all the objectives of our business.”

About UGS

UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 customers worldwide.  Headquartered in Plano, Texas, UGS’ vision is to enable a world where organisations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation. 

 

Note:  UGS, Solid Edge and Transforming the process of innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries.  All other trademarks, registered trademarks or service marks belong to their respective holders.