26 October 2010

JIERMT Selects Siemens PLM Software Technology to Gain Competitive Advantage

BEIJING and PLANO, Texas, October 26, 2010 – Siemens PLM Software, a business unit of Siemens’s Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced that China-based Jinan Second Machine Tool Group Co., Ltd. (JIERMT), one of the largest forging and pressing equipment producers in the world, has selected Siemens PLM Software technology to enhance design efficiency and gain competitive market advantage.

JIERMT selected Siemens PLM Software solutions following an extensive evaluation process including a detailed cost-benefit analysis presentation, and intensive consideration and calculation of return on investment. Siemens PLM Software’s position as a market leader and technology leader played a key role in JIERMT’s decision.

"JIERMT’s selection helps strengthen our position as a leading provider of industrial software solutions for vertical industries,” said Chuck Yuan, senior vice president and general manager, Greater China, Siemens PLM Software. “Siemens PLM Software’s open solutions offer breadth and depth of capabilities unmatched by our competition and are capable of integrating with a wide variety of technologies.”

JIERMT is committed to enhancing its technical advantages to raise competitiveness, both domestically and overseas. JIERMT selected Siemens PLM Software’s technology to replace the current system in hopes of simplifying design and manufacturing while also improving technological advantages. JIERMT will use a series of solutions from Siemens PLM Software, including NX™ software, the company’s flagship computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) solution; Teamcenter® software, the world’s most widely used PLM system; and Solid Edge® software, the core CAD component of the Velocity Series™ portfolio, which provides a comprehensive family of solutions addressing PLM needs of the mid-market, streamlining 3D product design capabilities, as well as providing compatibility with the existing ERP environment to improve corporate information technology infrastructure.

Siemens PLM Software’s integrated technologies will enable JIERMT to streamline its production processes and optimize its existing IT infrastructure. The industry-leading PLM technology will also enable JIERMT to improve its cooperation with international partners and customers, helping the company remain competitive in a global market.

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, Solid Edge, Velocity Series 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.