Hi-P Standardizes on Siemens PLM Software's NX to Help Accelerate Design and Development of New Products

BEIJING, August 12, 2011 - 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 that Hi-P (Shanghai) Precision Tooling Co., Ltd. (Hi-P), a global leading precision plastic tooling and OEM supplier, has selected NX™ software, as its unified system platform for design and development of new products.

Hi-P selected Siemens PLM Software’s NX, a comprehensive digital product development solution, following an extensive evaluation of competing solutions. Hi-P will use NX to enable all engineers to work on a single design platform. Siemens PLM Software will also provide a customized template for Hi-P’s professional tooling design and manufacturing system to help shorten the product design cycle, improve product quality and reduce time to market.

Hi-P indicated that the seamless integration capabilities of NX will allow every Hi-P engineer to access up- to-date, synchronized digital data, and enable the company to develop new products more effectively.

“Siemens PLM Software is pleased that Hi-P selected our industry-leading technology following an extensive evaluation process which included competing solutions,” said Richard Shou, Vice President of Siemens PLM Software, Greater China. “Siemens PLM Software’s open solutions offer breadth and depth of capabilities unmatched by our competition and are capable of integrating with a wide variety of technologies. NX has the capability to significantly improve the efficiency of the entire design process and help our customers turn more ideas into successful products.”

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 more than 69,500 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

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 33,000 employees worldwide (September 30), Siemens Industry Automation achieved sales of €6.2 billion in fiscal year 2010. www.siemens.com/industryautomation

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX is a trademark or registered trademark 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.