FOR RELEASE Tuesday, November 29, 2005
PLANO, TX– UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced a software development and marketing relationship with Synapsis Technology Inc. through which the companies will offer a comprehensive set of solutions to assist companies in the automotive and high tech electronics industries to comply with a significantly increased set of environmental regulations.
The new joint solutions integrate EMARS™ (Environmental Materials Aggregation and Reporting System) software, Synapsis’ industry leading solution for environmental material and hazardous substance reporting, with Teamcenter® software, UGS’ digital lifecycle management solution and the world’s most widely used PLM portfolio. They are designed to meet the growing need for technology solutions to address compliance.
In its January 2005 Alert, “RoHS and WEEE: It’s an Executive Problem”, AMR Research notes two critical directives that demand attention: “Any company doing business in the European Union (EU) has less than seven months to begin complying with the Waste Electrical and Electronic Equipment (WEEE) directive and less than 18 months to come into compliance with the Restriction of Hazardous Substances (RoHS) directive. Not meeting these two directives could cost companies millions. They must be taken seriously and be an executive-level priority.”
“The relatively recent enactment of several environmental regulations regarding the material content for automotive, electronic and electrical products has created a daunting information management and reporting project for thousands of manufacturers worldwide,” said Lonnie Gillihan, president of Synapsis Technology Inc. “UGS’ Teamcenter products enriched with the accurate and timely compliance data generated in Synapsis’ EMARS, provides the necessary view to design and supply chain engineering for realizing true design for the environment.”
The integrated Teamcenter and EMARS solutions enable organizations to efficiently manage and report on their compliance with several recently enacted and impending environmental regulations primarily affecting the automotive and high tech electronics industries.
· WEEE imposes on producers of electrical and electronic equipment legal responsibility for financing the treatment, recycling and recovery of consumer electronic goods.
· ELV (End of Life Vehicle) is a directive adopted by the European Commission which aims at making vehicle dismantling and recycling more environmentally friendly. ELV sets clear quantified targets for reuse, recycling and recovery of vehicles and their components.
· RoHS dictates certain consumer electronic goods marketed within the EU may not contain more than the permitted levels of lead, mercury, cadmium, hexavalent chromium, PBBs or PBDEs.
The joint solution includes several features designed to address the specific requirements of these regulations.
· Data collection, verification and management
· Component qualification and exemption management
· Product qualification and reporting
· Product bill-of-materials (BOM) aggregation across multiple sourced components
· Compliance Validation – the ability to compare a BOM with a particular industry standard
· Data Exchange and Reporting
· Design for Compliance – the ability to select product components based on material content and their ability to comply with regional standards.
“Without the right tools, compliance with new and existing regulatory requirements can drive significant complexity and cost into the product innovation process,” said Chuck Grindstaff, executive vice president of Products, UGS. “Companies need the ability to implement new, lean and efficient techniques that take environmental issues into account early and throughout a product’s lifecycle. The UGS and Synapsis offerings combine production proven tools into solutions to do just that – enable ‘Design for Compliance.’ The result is that qualification, exemption, validation and reporting are integrated into the process of innovation, enabling another dimension for competitive advantage while producing environmentally friendly and compliant products.”
The integrated Teamcenter and EMARS solutions are available today through UGS and Synapsis Technology, Inc.
About Synapsis Technology, Inc.
Synapsis Technology, Inc. is a global software and consulting company specializing in providing environmental compliance, product lifecycle management (PLM), and supply chain solutions.EMARS, Synapsis’ Environmental Material Aggregation and Reporting System, and its Compliance Checker are patent-pending solutions that enable companies to comply with environmental regulations, such as ELV, RoHS, WEEE, among others. Founded in 1999, Synapsis is headquartered in Spring House, Pa. and has a software development center in Noida, India. For more information on Synapsis, visit http://www.synapsistech.com
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, Teamcenter 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. EMARS is a trademark or registered trademark of Synapsis Technology Inc. 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 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.