FOR RELEASE Thursday, September 16, 2004
TOKYOand PLANO, Texas –UGS, a leading global provider of product lifecycle management (PLM) software and services,today announced that Hyundai Heavy Industries (HHI) Construction Equipment Division has selected UGS’ NX and Teamcenter software and services as the standard for global product development throughout the division and its entire supply chain.
Today’s announcement marks thethirdHHI division contract with UGS this year. The first was with HHI Electro Electric Systems Division on July 14, 2004, (view the announcement)and the second one was with HHI Engine & Machinery Division.
The agreement, terms of which were not disclosed, creates a framework to deploy 100 seats of NX and250seats of Teamcenter software solutions for HHI’s complete line of construction equipment. In addition, HHI expects approximately 1,000 suppliers to collaborate with HHI using the same PLM systems.
“UGS has proven its superiority in products and quality of services by helping us achieve our business goal of retaining a leadership position in the global heavy industry market,” said, Hong Seon Lee, director of Construction Equipment Design Division, HHI. “We have confidently selected UGS to be our premier PLM product and service provider for our extended global team. With UGS’ solutions and services, we continue to ensure our world-class product quality, stable growth, technical innovation and, most importantly, customer satisfaction for our products.”
“We are pleased that Hyundai Heavy Industries’ Construction Equipment Division selected UGS’ software and services over those of our competitors,” said Hans-Kurt Lübberstedt, executive vice president, Asia Pacific, UGS. “ThethirdUGS contract with Hyundai Heavy Industries this year serves as a proof point to the increasing interest and recognition of the value of PLM in Asia Pacific and particularly in Korea.”
NX is a next-generation digital product development system that helps companies transform the product lifecycle. With the industry’s broadest suite of integrated applications, NX touches the full range of development processes in product design, engineering and manufacturing.NX allows clients to conceive, design, engineer and validate discretely manufactured products – and capture their product definitions – in a fully digital environment.
Teamcenter, the de facto standard for PLM, connects people and processes – creating, capturing and sharing product knowledge to power innovation and productivity, through an integrated portfolio of proven solutions built on Teamcenter’s open PLM foundation. Teamcenter leads the PLM industry with digital product development, engineering process management and product knowledge management solutions that deliver fast time-to-value.
UGS is a leading global provider of product lifecycle management (PLM) software and services with more than 3.1 million licensed seats and 42,000 clients worldwide. Headquartered in Plano, Texas, the company promotes openness and standardization and works collaboratively with its clients in creating enterprise solutions enabling them to transform their process of innovation and thus begin to capture the value of PLM.
Note: UGS, Teamcenter and NX are registered trademarks or 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.