FOR RELEASE Monday, April 30, 2007
MELAKA, Malaysia – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, announced a plan to strengthen support to academia in Malaysia. As a part of this plan, UGS has presented the Universiti Teknikal Malaysia Melaka (UTeM) an in-kind software grant with a commercial value of more than US$4 million comprising NX™, UGS’ digital product development solution, and Teamcenter™, its collaborative Product Development Management (cPDM) software.
The announcement was made this week at the “Technology Revolution in Design and Manufacturing for Higher Education” seminar aimed at promoting the understanding of the various advanced technologies of PLM. Organized by the faculty of Mechanical Engineering of UTeM, the seminar was addressed by Y. Bhg. Datuk Prof Ismail bin Hassan, vice chancellor of UTeM and the Y.B. Datuk Dr. Ruddin Abd. Ghani, Parliamentary Secretary of the Ministry of Science, Technology and Innovation. The seminar was attended by more than 100 individuals including officials from the Ministry of Higher Education, deans, lecturers and education officers from various Malaysian educational institutes.
“Malaysia’s economy is in midst of transforming to an economy driven by knowledge and innovation,” said Datuk Pro Ismail bin Hassan of UTeM. “We are aligning our education system in order to produce a respected workforce with expertise in the fields of science, technology and engineering as well as other fields closely associated with innovation. We believe that by leveraging UGS’ advanced technology we will empower our students to meet the growing demand of today’s manufacturing industries.”
The seminar highlighted the technological and industrial relevance of PLM for higher learning in Malaysia and illustrated how PLM can be implemented as a foundation for strategic product innovation and global innovation networks. PLM software helps students and faculty conceive, design, engineer and validate projects using the same tools that today’s leading global manufacturers employ. Currently, designers and engineers at many leading companies on a global basis already use UGS® PLM solutions in their product innovation efforts.
“As an industry leader, we believe we have the responsibility to support growth and innovation of economies by working with governments and partners to build capabilities and global competitiveness,” said Hans-Kurt Lübberstedt, executive vice president of Asia Pacific, UGS. “While Malaysia strives towards the new economy, we need to expedite the delivery of PLM technology to the younger generation, and help achieve their goal of producing highly skilled workers for the knowledge-based economy.”
UGS’ is working with its education partner and authorized reseller in Malaysia, CADDCAM Solutions Sdn. Bhd. to deliver the PLM solutions and support to UTeM and other institutes of higher learning in the country to enhance their curricula.
UGS is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation
Note: UGS, NX, Teamcenter and Transforming the process of innovation 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.
The statements in this news release that are not historical statements, including statements regarding the expected benefits of the products, the successfulness of the educational efforts and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to loss or downsizing of customers, competition, international operations and exchange rate fluctuations, changes in pricing models, partnering strategy, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q for the period ended June 30, 2006 filed with the SEC. UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.