FOR RELEASE Monday, September 26, 2005
NEW DELHI, Indiaand PLANO, Texas– UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that Precision Automation and Robotics India Ltd.(PARI),one of India’s leading providers of manufacturing automation and robotic systems, selected Solid Edge™ software, UGS’ industry-leading, value-based 3D computer-aided design (CAD) system for the mainstream PLM market, as its corporate standard for 3D CAD.
PARI’s objective is to move to a next-generation solution from its existing 2D and conventional 3D CAD system,enabling acceleration of its digital product development processes. The primary reason PARI cited for selecting UGS was the ease with which Solid Edge can help the company evolve from its existing systems to a state- of-the-art 3D CAD system. The company also cited Solid Edge’s ability to effectively address the constant increase in the design complexity of its products.
“PARI understands the value and importance of design automation in enabling improved product quality and faster response to markets,”saidMangesh Kale,managingdirector, PARI. “We rely on Solid Edge’s power to help us address our most complex and challenging design needs and its ease of use to help us get the job done fast. We found Solid Edge to be the best suited system for managing our complete design cycle including design validation.”
“PARI conducted a comprehensive evaluation of various systems, and short listed Solid Edgeandone other competitor. We selected Solid Edge, as we found it was more robust in handling large assemblies, had better 2D-to-3D work flow and, above all, allowed our product development team to work collaboratively using the Insight Managed Collaboration environment,” said Dr.Ranjit Date,Joint managingdirector, PARI. “Another factor that tilted the scale in favor of Solid Edge was the availability of a wide range of interoperable solutions from UGS, thus ensuring scalability of our CAD implementation.”
“PARI’s selection of UGS following such an extensive review process is a testament to Solid Edge’s superior capabilities. We are honored to work with a leading company like PARI and we look forward to sharing even stronger success as we implement this next generation 3D CAD system,” said Narendar Reddy,managingdirector, UGSIndia. “With a robust product like Solid Edge and an experienced team, we are keen to help Indian companies increase their design efficiency and quality, to better compete in both domestic and international markets.”
Solid Edge (www.solidedge.com) from UGS is powerful 3D CAD software that allows manufacturing companies to Design with Insight and achieve competitive advantage through cost reduction, while increasing top line revenues. The exclusive Solid Edge Insight technology embeds design management capabilities directly within CAD, providing insight into design intent to the entire organization and enhancing collaboration. Insight, complemented by Solid Edge’s superior core modeling and process workflows, greatly eases the design of increasingly complex products required to meet continually changing market demands. The extensive Solid Edge user community is comprised of designers at thousands of companies worldwide, including Alcoa, NEC Engineering, and Volvo. The Solid Edge Voyager Program includes 200 integrated engineering software applications and computer hardware solutions.
About PARI Robotics :
Incorporated in 1990 by a group of Technocrat experts, PARI Robotics is amongst the leading providers of Automated Manufacturing systems. PARI’s mission is to develop and deploy customer benefit oriented, cost effective solutions for automation with the ultimate vision of attaining global leadership in Auotmated Manufacturing systems. PARI has a state of the art 150,000 sq ft facility at Pune, with installation base, sales and service presence in the US, Europe and Japan.
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, Solid Edge 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. 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 the expected benefits of the customer relationship, the successfulness of the implementation 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 loss or downsizing of customers, competition, international operations and exchange rate fluctuations, changes in pricing models, 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.