Siemens PLM Software Names Chuck Grindstaff as President

PLANO, Texas, August 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 it has promoted Charles C. “Chuck” Grindstaff, currently executive vice president of Products and Chief Technology Officer, to president. Grindstaff’s appointment takes effect October 1 upon the beginning of Siemens’ new fiscal year.

Grindstaff has worked in increasingly senior positions with Siemens PLM Software over 32 years and is recognized throughout the PLM industry for his visionary and thought leadership. Click here to see full bio.

Grindstaff succeeds Dr. Helmuth Ludwig, who Siemens Industry Automation today announced would head its global Communications team. Ludwig, who has served in increasingly senior positions with Siemens since 1990 and who joined Siemens PLM Software as president in 2007 soon after its acquisition by Siemens, will focus on working with each of the division’s four business units to provide a range of strategic communications services. His appointment is also effective October 1. Click here to see full bio.

“Today’s announcement marks a strong endorsement of the success of integrating Siemens PLM Software into Siemens as well as Siemens PLM Software’s ability to out-perform the competition,” said Anton S. Huber, CEO of the Siemens Industry Automation Division. “Through Tony Affuso’s, our chairman and CEO, and Chuck’s leadership, Siemens PLM Software will continue to capitalize on its superior technology and thus help Siemens continue to push forward in the industry software space. At the same time, Helmuth’s deep knowledge of the company and its industries will support strong growth for the division’s global business units. This is a win-win for Siemens and its commitment to customer success.”

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

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