FOR RELEASE Monday, June 26, 2006
PLANO, Texas and LONDON – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced the latest release of Teamcenter™ for MRO, the set of Maintenance, Repair and Overhaul (MRO) capabilities within the UGS Teamcenter™ solution, the world’s most widely used PLM software portfolio.
UGS made the announcement today in conjunction with the European PLM Summit 2006 in London.
With several customer-driven enhancements and a new Materials Management module, Teamcenter for MRO extends its ability to significantly reduce the maintenance cycle time and costs associated with servicing complex commercial and military products that require a major capital investment, such as aircraft, weapon systems, ships and power plants.
“By leveraging the industry-leading configuration management functionality in Teamcenter, MRO organizations have a single source of asset definition and management,” said Steve Bashada, vice president of Teamcenter Applications, UGS. “As a result enterprises can ensure that all their processes and organizations are working from the same accurate knowledge base for all activities through configuration-driven applications. With the new capabilities announced today, Teamcenter for MRO creates even more value by allowing organizations to maintain greater control of their capital investments and their suppliers.”
Enhancements create customer value
Companies maintaining high value assets can benefit from Teamcenter for MRO’s ability to provide accurate information from a single high integrity source that is tied to the proper product configuration.
“Our research indicates that best-in-class service organizations rely upon rich asset data pertaining to design and configuration throughout the useful life of complex, mission-critical products,” said Mark Vigoroso, Chief Research Officer and SVP, Service Chain Research at the AberdeenGroup.
Teamcenter for MRO provides the capabilities required to establish a truly integrated environment for service operations. Capabilities include workflow, collaboration, complex document management, change control, work definition and management, advanced configuration management, records retention management as well as role based and full International Traffic in Arms Regulation (ITAR) security support for multi-national operations.
Today’s announcement extends the capabilities in many of these areas and adds a new functional module for Materials Management. The Materials Management module allows organizations to control their capital investment made in inventory, spares, tools and equipment from the request/requirement phase through to order, receipt, repair, issue and disposal. It provides the user with information to optimize the utilization of inventory as well as manage the performance and bids from their vendors.
Additional Teamcenter for MRO enhancements include:
“Expansion of our existing Teamcenter implementation with MRO solutions is a perfect fit to our business,” said Jim Wall - Director of Engine Engineering from Hendrick Motorsports. “We re-manufacture over 700 race engines each year and 23 other critical assemblies. To win races you have to put 100 percent accurate race configurations on the track. We need to have test and performance data accessible anywhere. We also need to track lifecycle usage on critical serialized assemblies and implement changes across the fleet within three days between race events. We rely on Teamcenter with MRO capabilities to manage these key processes. By doing so, we believe we improve race performance, reliability and durability - key elements to winning races.”
The new release of Teamcenter for MRO is expected to be available in late July. More information is available at http://www.teamcenter.com/products/teamcenter.
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, Transforming the process of innovation and Teamcenter are trademarks or registered trademark 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 expected benefits of the product, adoption by customers, continued innovation 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, competition, failure to innovate and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its annual report on Form 10-K 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.