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14 November 2005

Renishaw Selects UGS Tecnomatix Digital Manufacturing Technology to Streamline its New Product Introduction Process

FOR RELEASE Monday, November 14, 2005

PLANO, Texas and GLOUCESTERSHIRE, UK – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced Renishaw, the world’s leading supplier of metrology and spectroscopy products, selected UGS Tecnomatix™ solutions to streamline its new product introduction (NPI) processes.

Renishaw will use Tecnomatix digital manufacturing software to better manage its manufacturing systems by shortening the design cycle, removing wasteful processes and reducing the number of file formats required to produce new products. UGS Tecnomatix solutions will enable a paperless production environment that will reduce error and ensure compliance with existing process requirements and new regulations, including lead-free operations guidelines.

“The real-time data collection capabilities of our UGS Tecnomatix solution will allow engineers to manage based on the most up-to-date facts,” said Mike Jones, electronics engineering manager, Renishaw plc. “UGS’ NPI processes and systems will also significantly improve product and part traceability and help us perform root cause analysis on any production issues more rapidly than ever before. UGS is helping us better manage change and as a result making us a more successful company.”

Renishaw’s selection of UGS Tecnomatix solutions complements its existing investment in both NX™ software, UGS’ digital product development system and Teamcenter® software, UGS’ digital lifecycle management system. The agreement includes the maintenance of UGS’ eM-Assembly Expert and eM-Execution products – which include solutions for assembly planning, quality management, material management, process verification and traceability.

Tecnomatix is the digital manufacturing brand of UGS. Tecnomatix is the world’s most widely-used digital manufacturing solution, enabling organizations to design, simulate and execute production processes. Digital manufacturing is a critical component of product lifecycle management, helping businesses increase profitability by improving the way products are built. More than 5,000 companies worldwide – including BMW, Lockheed-Martin and Anheuser-Busch – are using Tecnomatix to reduce operating costs, accelerate product introductions and shorten time-to-volume while maintaining high levels of product and process quality. Tecnomatix leverages UGS’ Open Manufacturing Backbone™ software, which facilitates integration with other UGS® solutions, as well as third-party systems. With Tecnomatix, UGS brings together best-of-breed digital manufacturing solutions, deep process expertise and a proven knowledge management foundation spanning the entire product lifecycle. For more information visit: www.ugs.com/tecnomatix.

About Renishaw

Renishaw plc, located at New Mills, Wotton-under-Edge, Gloucestershire, U.K. stands at the forefront of automated metrology, the Group’s products enabling measurements to be taken to international standards. The company’s expertise has expanded to cover the fields of calibration, motion control and materials analysis. Its markets are global and cover a diverse range of sectors. Market niches have been identified in the metrology requirements and applications in the fields of bio-medical and dental research.

Renishaw fundamentally believes that success comes from patented and innovative products and processes, high quality manufacturing and the ability to provide local customer support in all its markets. The Group’s products ensure that exacting specifications are met with cost-effective methods and perform measurement to international standards.

Subsidiary companies have been established in 23 countries which together with nine Representative Offices and network of distributors and agents provide sales and technical support worldwide.

For the financial year ending 30th June 2005, Renishaw’s sales totaled £154.1m, the company employs 1,865 personnel - 1,374 UK, 491 overseas. For more information on Renishaw’s products, visit www.renishaw.com.

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 organizations 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, NX, Tecnomatix, Open Manufacturing Backbone 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.

The statements in this news release that are not historical statements, including statements regarding the success of the implementation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to developments in the PLM industry and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its registration statement on Form S-4 most recently filed with the SEC. UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.