Chrysler Group LLC Contracts with Siemens PLM Software for Product Design and Development Platform

PLANO, Texas July 26, 2010 –– 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 Chrysler Group LLC, which produces Chrysler, Dodge, Jeep®, Ram Truck and Mopar® vehicles and products, has selected Siemens PLM Software’s technology for product design and development.

Chrysler Group began using Teamcenter® software, Siemens PLM Software’s digital lifecycle management solution, as its corporate-wide PDM system in 2008. Teamcenter provides a single source of product knowledge across a company, available at any time in any location during the product development process.

Chrysler Group has now added NX™ software, Siemens PLM Software’s comprehensive digital product development solution, to provide efficiency gains in engineering and design and to help create a common product development platform.

“Integration of this tool will help to enhance our ability to collectively engineer new products with improved quality and faster time to market,” said Scott Kunselman, Senior Vice President – Engineering, Chrysler Group LLC.

“Chrysler’s decision to replace existing solutions with NX and Teamcenter as its corporate-wide standard is a testament to our commitment to provide a robust, open PLM platform for the automotive industry,” said Tony Affuso, Chairman of the Board and Chief Executive Officer, Siemens PLM Software. “Siemens PLM Software is honored to partner with Chrysler to deliver a solution that enhances innovation and manages complexity, both of which are requirements for today’s market.”

Siemens PLM Software’s industry-leading technology is used by automakers and suppliers to collaborate, plan, design and validate the development and manufacturing engineering of vehicles. The tools satisfy the critical needs of leading automakers for managing collaboration across complex engineering functions and throughout the extended supply chain. By breaking down barriers between engineering functions, providing real-time access to information, and performing analysis and simulation, Siemens PLM Software has delivered double-digit efficiency improvements.

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 6.7 million licensed seats and 63,000 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) is a worldwide leader in the fields of automation systems, industrial controls and industrial software. Its portfolio ranges from standard products for the manufacturing and process industries to solutions for whole industrial sectors 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. With around 39,000 employees worldwide (September 30), Siemens Industry Automation achieved sales of €7.0 billion in fiscal year 2009. www.siemens.com/industryautomation

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX and Teamcenter 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.