27 September 2010

Siemens PLM Software Names John Fox to Lead Velocity Series Marketing Effort

PLANO, Texas, September 27, 2010 - Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced John Fox has joined the company as vice president of Marketing for the Velocity Series™ portfolio of PLM solutions for the mid-market, effective August 16. In this role, Fox reports to Karsten Newbury, senior vice president and general manager, Velocity Series, and is responsible for defining, planning and executing the worldwide marketing strategy for all Velocity Series software products which include Solid Edge® software, Teamcenter® Express software, Femap™ software and CAM Express.

“John’s strong industry knowledge and leadership experience are the perfect combination needed to propel our outstanding mid-market PLM products to the next level of market success,” said Newbury. “As we continue to build on our efforts to further accelerate the global growth of the Velocity Series, I am confident that John’s guidance and direction will be key elements in helping us achieve our goals.”

Leadership Success; Technology Experience

Fox brings to the Velocity Series team extensive experience in management, software product strategy and marketing, with a strong technical foundation. He joins Siemens PLM Software from Parametric Technology Corporation (“PTC”), where he was most recently director of Product and Marketing Strategy. Fox came to PTC as a result of its acquisition of Synapsis Technology, Inc. (“Synapsis”) where he served as director of Strategy and Business Development. While at Synapsis, Fox also held positions in which he was responsible for lead generation, sales, business development and consulting. He was also a management consultant at Accenture and an engineering manager at Kulicke & Soffa Industries, Inc. Fox has a master’s degree in business administration from the Wharton School, University of Pennsylvania, and a master's degree in electrical engineering from the University of Pennsylvania.

“The positions I have held over the past several years have provided me with the opportunity to experience Siemens PLM Software from a variety of perspectives,” said Fox. “Siemens PLM Software is recognized throughout the world as a true industry leader with outstanding technology and an unwavering focus on the needs of its customers. I look forward to being a part of that tradition and to taking on the challenges of my new assignment.”

About Velocity Series

Siemens PLM Software’s Velocity Series™ portfolio is a set of out-of-the-box software tools for the mainstream product lifecycle management (PLM) market. Velocity Series software products include Solid Edge® software for computer-aided design (CAD), Teamcenter® Express software for product data management (PDM), Femap™ software for finite element analysis (FEA) and CAM Express for computer-aided manufacturing (CAM). With these modular, yet integrated solutions, the Velocity Series delivers improved productivity throughout the product lifecycle from concept design through to manufacturing and maintenance.

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 6.7 million licensed seats and 63,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies to deliver open solutions that help them turn more ideas into successful products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About the Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg, Germany) is a worldwide leader in the fields of automation systems, industrial controls and industrial software. Its portfolio ranges from standard products for the manufacturing and process industries to solutions for whole industrial sectors that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers – from product design and development to production, sales and a wide range of maintenance services. With around 39,000 employees worldwide (September 30), Siemens Industry Automation achieved sales of €7.0 billion in fiscal year 2009. www.siemens.com/industryautomation

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Femap, Solid Edge, Teamcenter and Velocity Series are trademarks or registered trademarks of Siemens Product Lifecycle Management Software 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.