NEW YORK, June 19, 2007 – UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced that Teradyne (NYSE:TER), a leading supplier of automatic test equipment used to test complex electronics for the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries, has implemented UGS PLM Software’s UGS Teamcenter™ product data management (PDM) solution as its PLM platform.
UGS PLM Software made the announcement in conjunction with its annual industry analyst event, at which key company executives plan to share the company’s go-forward vision for the PLM and production automation markets.
UGS PLM Software product offerings for the high-tech and electronics (HTE) industry are developed using the knowledge and expertise gained from years of experience working with the world’s leading HTE manufacturers to address core business processes, including environmental compliance management, program planning and control, manufacturing process management, digital simulation, component and vendor management, platform development and systems configuration, and software product management.
Teradyne, which selected UGS Teamcenter last year following an extensive head-to-head evaluation of competing products, implemented the solution as its global collaboration platform. The implementation of UGS Teamcenter enhanced knowledge sharing to enable distributed engineering practices, drive part and assembly re-use and increase outsourced manufacturing through the establishment of part and bill of material systems for engineering and engineering change.
“The UGS Teamcenter solution portfolio provides us with depth in many process areas such as Systems Engineering and enables us to deploy common engineering and operations processes which support our business strategy,” said William Duggan, engineering manager and lead of the PLM Initiative. “These capabilities along with UGS PLM Software’s resources enabled us to shorten the time to value.
“Teamcenter is the best solution for Teradyne as we continue to forge our global presence. UGS PLM Software’s expertise in the HTE industry and the company’s commitment to the success of its customers provided a winning combination,” added Duggan.
“Teradyne’s decision to implement UGS Teamcenter as its product data management solution is a testament to UGS PLM Software’s best-in-class technology and reinforces the company’s leadership and commitment to the HTE industry,” said Dave Shook, senior vice president and managing director, Americas, UGS PLM Software. “Our high-tech solutions help our customers quickly and efficiently drive product development and manage outsourcing by enabling global collaboration and knowledge re-use.”
UGS PLM Software Leadership in High Tech and Electronics
UGS PLM Software is a leading provider of software and services to the HTE industry. The company’s technology is widely used by leading global HTE companies including the top semiconductor and mobile phone manufacturers, four of the top five consumer electronics OEMs, three of the top five semiconductor equipment manufacturers, and eight of the top 10 contract manufacturers. UGS PLM Software solutions enable companies to develop innovative products that capture the imagination of consumers.
According to leading PLM industry analyst firm CIMdata, Inc. UGS PLM Software is the leading provider of collaborative Product Definition management (cPDm) software to the High Tech and Electronics industry. CIMdata also recognized UGS PLM Software as a PLM leader and as the vendor with the top market presence in the cPDm market segment – the most critical and fastest growing segment of the PLM industry.
Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment used to test complex electronics for the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries. In 2006, Teradyne had sales of $1.38 billion, and currently employs about 3,800 people worldwide. For more information, visit http://www.teradyne.com.
About UGS PLM Software
UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.4 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS PLM Software’s open enterprise solutions enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services. For more information on UGS PLM Software products and services, visit www.siemens.com/ugs.
About Siemens Automation and Drives
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS, UGS NX, UGS Teamcenter and UGS Tecnomatix are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries.