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FOR RELEASE Monday February 20, 2006
DARATECH SUMMIT 2006, CAMBRIDGE, Mass. – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced Teamcenter® for Simulation software, to extend the value of analysis data management throughout the product lifecycle for the analysis community. Teamcenter is UGS’ digital lifecycle management solution, the world’s most widely used PLM portfolio and winner of the IndustryWeek Technology of the Year Award for 2005.
This announcement is a key element of UGS’ Lifecycle Simulation strategy that UGS Chairman, CEO and President Tony Affuso, will announce during his keynote address today at the Daratech Summit 2006 event (see separate release).
“With the world’s most widely used PLM portfolio, we are in the best position to provide simulation data, process and workflow management throughout the product lifecycle,” said Affuso. “With our new strategy we are addressing key analysis needs for our enterprise customers, including incorporating simulation into the rest of the lifecycle, providing critical process and workflow management and providing a best practices framework. A key differentiator for UGS continues to be our open strategy. Our customers need the broad, large scale data management framework we provide through our open technology.”
Addressing Market Needs
Teamcenter for Simulation meets the needs of automotive, aerospace and defense companies as well as manufacturers with smaller analysis work teams. It leverages the power and flexibility of the entire Teamcenter portfolio and is the only solution to address end-to-end analysis data management needs. These include management and improvement of CAE processes through:
§ Automating best practices.
§ Defining components and subsystems to analyze.
§ Enabling data reuse.
§ Validating design and verifying correct analysis procedures.
§ Increasing access to the performance information.
Teamcenter has a proven history as a single source system to manage product and process knowledge and multiple software solutions. Increasing analysis data volume and complexity is effectively handled alongside the complexities of variant and configuration control. Teamcenter for Simulation combines support for integrated simulation process workflows and program execution with Teamcenter’s broader functionality.
Unique Visual Environment for Lifecycle Simulation
Teamcenter for Simulation is a unique visual environment for lifecycle simulation. Teamcenter is integrated with UGS’ NX digital product development environment. Through this integration, NX Simulation Process Studio enables experts to leverage visual workflow definitions to quickly define and institutionalize best practices. This enables more designs to be validated in less time. Using NX Simulation Process Studio, new analysis wizards for designers will be delivered with NX in Q2.
Broad, Large Scale Solution
Unlike niche CAE industry players, UGS enables the strength of a broad data management system to address analysis data management needs. Teamcenter for Simulation enables vast amounts of data to be managed in multiple databases to meet the complex needs of the analysis community. For example, UGS recentlyset the standard for high performance computing with the successful execution of a 200 million degrees of freedom (MDOF) model that processed 4.2 tera-bytes of input/output using eight processors in shared memory parallel paradigm (see separate release).
For more information, visitwww.ugs.com/go/nxsimulation.
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 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, 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 expected benefits of the product, adoption by customers, continued innovation 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 developments in the PLM industry, competition, failure to innovate and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its registration statement on Form S-4 most recently 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.