FOR RELEASE Thursday, September 29, 2005
CINCINNATI – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced Teamcenter® Express, the breakthrough collaborative product data management (cPDM) solution built for ease-of-use and fast deployment that serves as a key component of the UGS Velocity Series™ the company announced yesterday.
UGS made the announcement at its 2005 Solid Edge User Summit and Executive Symposium.
The new UGS Velocity Series portfolio marks the PLM industry’s first comprehensive, preconfigured portfolio of digital product design, analysis and data management software and the entry point into the company’s powerful Teamcenter platform. UGS Velocity Series is the first mid-market offering to combine industry-proven digital product development solutions with the unparalleled technology of UGS’ Teamcenter, the de facto standard for PLM deployments.
"UGS’ research has absolutely nailed the needs of manufacturing companies in the mid-market segment,” said Monica Schnitger, senior vice president, Market Analysis, Daratech, Inc. “The announcement of the UGS Velocity Series illustrates a clear commitment by UGS to provide solutions to the mid-market while offering a clear path for future scalability, unmatched by competitive offerings targeted at the mid-market. The inclusion of Teamcenter Express in the UGS Velocity Series provides UGS with an important advantage as they seek to expand their presence in the mid-market and build on the solid foundation of NX and Solid Edge.”
Teamcenter Express applies breakthrough, pre-configured industry best practices to provide ease of installation, setup, ease of use and support, for a low total cost of ownership. It manages the complete design process for engineering organizations currently experiencing a data explosion brought on by rapidly expanding product complexity. To minimize IT implementation and maintenance costs, the product is designed for the standard process in a Microsoft environment, as well as pre-configured with workflows from UGS’ years of cPDM experience. This also provides low total cost of ownership, while remaining scalable to the full Teamcenter portfolio as customer needs grow. With complete Teamcenter compatibility, suppliers have an unparalleled level of compliance with OEM processes, allowing them to grow their OEM business, while improving customer satisfaction without the costs associated with custom deployments.
“Teamcenter Express is built on a common database architecture that promotes data sharing for coordinated release and engineering order processes to help organizations dramatically improve the speed, efficiency and quality of product development from concept to manufacturing,” said Barry Dudley, business unit director, UGS Velocity Series Product Development, UGS. “It is easy to implement, learn and use so customers see immediate benefits in areas such as increased design reuse and more effective supplier collaboration.”
Teamcenter Express promotes project-wide collaboration via standard electronic data exchange and visualization formats, including popular PCF and JT. Furthermore, Teamcenter Express is built on UGS’ “Open by Design” strategy so it can manage data created by third-party software tools in addition to UGS product data. Teamcenter Express can be coupled with a wide variety of computer-aided design (CAD) applications including UGS’ Solid Edge and NX as well as CATIA, AutoCAD, Inventor and SolidWorks. It also integrates with a variety of market-leading ERP solutions for consistent bill of materials (BOM) management.
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 and NX 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 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.