FOR RELEASE Monday, July 26, 2004
PLANO, Texas and NOVATO, Calif. – UGS, a leading global provider of product lifecycle management (PLM) software and services, and software developer IMSI today announced that IMSI will integrate component technology from UGS’ D-Cubed subsidiary into its TurboCAD Professional software. The agreement marks D-Cubed’s first announced customer contract since it became a UGS subsidiary on June 30.
IMSI’s TurboCAD Professional is a versatile 2D/3D computer-aided design (CAD) application offering high performance at a competitive price. The agreement announced today enables IMSI to integrate D-Cubed’s 2D Dimensional Constraint Manager (2D DCM), the industry standard component software solution for geometric constraint solving in 2D sketches, into TurboCAD Professional – thus eliminating the need to develop a similar capability in-house.
“The decision to license this technology to provide advanced constraint solving in IMSI’s flagship product will create tremendous value for our customers by enabling us to offer more robust and complete design and manufacturing solutions to the professional mechanical CAD and CAM markets,” said Bob Mayer, IMSI executive vice president of Precision Design Products. “When an industry proven solution such as 2D DCM is available from a supplier with the excellent track record of D-Cubed, there really is no other strategy that makes more commercial and technical sense.”
Software solutions from D-Cubed, a wholly owned subsidiary of UGS, are part of UGS’ PLM Components family of products. D-Cubed develops software components for the CAD/CAM/CAE application development industry in all areas of geometric, solid and variational/parametric modeling. Many of the world’s leading CAD/CAM/CAE vendors have adopted one or more of D?Cubed’s widely respected component technologies for integration into their end-user applications. For more information, please visit D-Cubed at www.d-cubed.co.uk.
“This new agreement illustrates the CAD/CAM market’s confidence in D-Cubed’s ability to extend the leadership position of its technology and maintain the excellence of its support services after its recent acquisition by UGS,” said Bruce Feldt, vice president of Open Tools for UGS. “When a new customer decides to make this type of commitment it serves as an excellent endorsement of our technology and further validation of our business strategy.”
Founded in 1982, IMSI has established a tradition of providing the professional and home user with innovative technology and easy-to-use, high-quality software products at affordable prices. The company maintains two business divisions. The Precision Design division, anchored by IMSI’s flagship product, TurboCAD® and the recently acquired DesignCAD™ line, also develops and markets other visual content and design software such as FloorPlan® 3D. The division also includes several online properties focused on the sale of content and services to the architectural, engineering and construction market thru its stock house plans site at Houseplans.com, its store CAD add-on store, Cadalog.com and the online CAD symbol site, CADsymbols.com. The Business Solutions division provides businesses and end users with software solutions through its popular products such as TurboProject®, FormTool®, FlowCharts&More™, HiJaak® and TurboTyping™. This division also provides ergonomic and keyboard training to Fortune 1000 companies for worker-related safety, productivity, and ergonomic compliance improvements through Keynomics, a wholly owned subsidiary of IMSI. More information about IMSI can be found at www.imsisoft.com.
UGSis a leading global provider of product lifecycle management (PLM) software and services with more than 3 million licensed seats and 42,000 clients worldwide. 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.