15 July 2004

UGS Re-brands Industry-leading Software Grant Program as GO PLM; Commercial Value of Program Grants in 2003 Exceeded US$2 Billion

NEW YORK, July 15, 2004 – UGS, a leading global provider of product lifecycle management (PLM) software and services, today announced the re-branding of its ongoing industry-leading software grant program as the Global Opportunities in Product Lifecycle Management, or GO PLM, initiative. Through its GO PLM initiative, through which the company granted more than US$2 billion in commercial value of its PLM industry-leading software in 2003, UGS provides new learning and advancement opportunities for individuals, institutions and communities globally through the adoption of PLM technology.

UGS made the announcement in conjunction with its analyst/media briefing event being held July 14-15 in New York. The briefing is the first such event UGS has held since announcing on May 27 the closing of its sale by EDS to three private equity firms and its launch of operations as an independent software company under the UGS brand. Separately, UGS also today announced a US$119 million in-kind software grant to Global University. (Please see Global University Grant release.)

UGS’ GO PLM initiative, previously known as the Global Strategic Partnership program, brings together four complementary UGS community involvement programs:

Academic Partnership
The UGS Academic Partnership program is the most comprehensive of its kind, providing PLM technology to 800,000 students yearly at 7,752 global institutions. UGS is unique in the PLM and computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) industries, offering software grants to schools that can be used at every academic level – from middle schools to graduate engineering research programs. UGS leads the industry in the commercial value of its in-kind academic grants and provides a complete range of applications from its product portfolio -- including NX™, Teamcenter®, Solid Edge®, E-factory™ and PLM Components – for student use.

Regional Productivity
UGS’ Regional Productivity Program creates manufacturing technology environments where communities worldwide can work to improve their economic conditions. Under this program, for example, UGS recently provided a PLM software grant valued at US$4.2 million to Makerere University in Uganda to help that country’s efforts to strengthen engineering programs at its universities and elevate its technology base. GO PLM academic partners Prairie View A&M University, Texas Southern University and Tuskegee University are complementing this effort by providing on-site PLM training for Makerere University faculty. The program, which is part of a larger initiative to improve technology access in western Africa, creates expanded career opportunities for Makerere graduates, as well as a means for Ugandan manufacturing companies to increase their global stature.

Youth Development
GO PLM Youth Development Programs develop advanced manufacturing career opportunities for at-risk and underutilized youth and displaced workers. For example, GO PLM supports the Detroit Area Pre-college Engineering Program (DAPCEP) with software and instruction to support the organization’s mission to increase the number of historically under-represented minority students (African American, Hispanic, Native American) who are motivated and prepared academically to pursue careers in engineering-, science- and mathematics-related fields.

The PACE Partnership (Partners for the Advancement of Collaborative Engineering Education) links GM, Sun Microsystems, EDS and UGS in the support of strategically-selected academic institutions worldwide, to develop the automotive product life cycle management teams of the future. Since its founding in 1999, the PACE program has provided more than US$2 billion in software, hardware and training to 41 global institutions in the program.

“While UGS developed the GO PLM program to benefit UGS clients and their communities, its purpose has now grown beyond that,” said Tony Affuso, chairman, CEO and president of UGS. “Whether it is helping schools improve their technical stature and career opportunities for their graduates, helping communities attract industry to strengthen their economic base or opening doors for disadvantaged individuals to develop new, marketable skills, the program is all about opportunity, which is why we looked at re-naming it. PLM technology is proving to be the competitive edge for the world’s leading manufacturing companies and we are honored and pleased to be able to provide the industry’s most comprehensive program for helping make that technology accessible.”

“In addition to providing these programs, GO PLM promotes and maintains UGS corporate affiliations with a worldwide network of organizations dedicated to manufacturing and engineering education, community development and opportunities for underutilized citizens,” said Hulas King, director of UGS Community Relations and GO PLM programs. “UGS is committed to the GO PLM initiative going forward as the company operates as an independent software company. This is our best and most visible way to make a difference in the communities we serve.”

For more information on GO PLM and the partners and programs it supports visit http://www.ugs.com/partners/goplm/

About UGS

UGS is 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.

Note: UGS, NX, Teamcenter, E-factory and Solid Edge 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.