Innovation and collaborative, synchronized program management for new programs
FOR RELEASE Friday, August 11, 2006
PLANO, Texas – UGS Corp., a leading provider of product lifecycle management (PLM) products and services, today announced UGS-sponsored Jimmie Johnson, the current NASCAR® NEXTEL Cup Series points leader, and Hendrick Motorsports – whose cars are developed with the help of UGS® PLM technology – added the Allstate 400 at the Brickyard at Indianapolis Motor Speedway win to the Daytona 500 win on Feb. 19, to sweep NASCAR® Nextel Cup Series’ two biggest races. This win marks the sixth consecutive win by UGS sponsored racing teams.
Johnson becomes only the second driver in race history to win both the Daytona 500 and the 400-mile race at Indianapolis Motor Speedway in the same year. Johnson’s win gives Hendrick Motorsports its record fifth win in NASCAR NEXTEL Cup Series competition at the famous Indianapolis Motor Speedway.
UGS previously announced that Joe Gibbs Racing drivers Tony Stewart and Denny Hamlin; and Hendrick Motorsports drivers Kyle Busch and Jeff Gordon combined to win the previous five NASCAR NEXTEL Cup Series races.
“UGS congratulates Hendrick Motorsports and Jimmie Johnson on this important win and the record sweep of Daytona and Indianapolis,” said Dave Shirk, executive vice president of Global Marketing for UGS. “With only five races before the Chase for the Championship, we wish the racing teams good luck. UGS is proud of our relationship with the racing teams and along with our customers are pleased to know that our solutions help the teams consistently deliver wins to continue to stay on top of the pack and go for the championship.”
UGS 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. Joe Gibbs Racing, winner of the 2005 NASCAR® NEXTEL Cup Championship, Hendrick Motorsports (participant in the NASCAR® NEXTEL Cup Series) and Andretti Green Racing, winner of the Indy Racing League® (IRL) IndyCar® Series Championship two years running, have been using UGS 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 three straight years, began using UGS 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.
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, Teamcenter, Tecnomatix 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. Indy Racing League, IRL 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.
The statements in this news release that are not historical statements, including statements regarding the expected benefits of the sponsorship, the successfulness of the implementation 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, changes in pricing models, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its annual report on Form 10-K 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.