Big Win, Big Season: UGS PLM Software Helps Andretti Green Racing Win The Indy 500 and Hendrick Motorsports Win Nine of the Last 10 Points Races

PLANO, Texas, June 2, 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 UGS PLM Software-sponsored racing teams Andretti Green Racing and Hendrick Motorsports – whose cars are developed with the help of UGS PLM Software technology – won the IndyCar® Series Indy 500® and the NASCAR® NEXTEL Cup Series Coca-Cola 600 respectively.

Andretti Green Racing driver Dario Franchitti, winner of 15 major open-wheel races since 1998, won the Indy 500 to claim his third career IndyCar Series victory.  The win moved Franchitti into third place in the IndyCar Series driver championship, three points out of the lead.

Hendrick Motorsports driver Casey Mears’ win  at Charlotte, was his first in Cup Series competition and the fifth consecutive win for Hendrick Motorsports, bringing the total to nine of the last 10 point races this season.

“UGS PLM Software congratulates Dario and Andretti Green Racing for the Indy 500 win and Hendrick Motorsports for the tremendous success so far this season, we are thrilled that our PLM technology is helping the race teams get ahead of the competition in such a dominating fashion,” said Dave Shirk, executive vice president of Global Marketing for UGS PLM Software.  “The fact that UGS PLM Software sponsored race teams continue to bring home victories week after week is proof that our PLM technology is the best on the race track.  UGS PLM Software is helping our race teams win the same way we help our customers win, by providing the best PLM technology in the market.”

A Tradition of Technology and Tracks

UGS PLM Software has a long tradition providing NX® software, UGS’ comprehensive digital product development solution, and Teamcenter® software, UGS’ digital lifecycle management solution and the world’s most widely used PLM portfolio, through racing sponsorships.  Hendrick Motorsports, winner of the 2006 NASCAR NEXTEL Cup Championship; Joe Gibbs Racing, winner of the 2005 NASCAR NEXTEL Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR NEXTEL Cup Championship; and Andretti Green Racing, winner of the 2004 and 2005 Indy Racing League® (IRL) IndyCar® Series Championship; have been using UGS PLM Software for several years to help develop their cars and improve their performance on the race track.  KB Racing, winner of the National Hot Rod Association (NHRA) Pro Stock Championship for four straight years, began using UGS PLM Software technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using Tecnomatix™ software, UGS’ best-in-class digital manufacturing solution.

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, NX, Teamcenter and Tecnomatix are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL, Indy 500 and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries.  NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.