FOR RELEASE Thursday, May 11, 2006
PLANO, Texas and SANDVIKEN, Sweden – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services and Sandvik Mining and Construction, the world’s leading supplier of mining equipment, today announced Sandvik has selected Teamcenter™ software, UGS’ digital lifecycle management solution and the world’s most widely used PLM portfolio, as the backbone for its PLM program.
Following an extensive evaluation of competing vendors, Sandvik Mining and Construction selected UGS’ PLM software, consulting and implementation services to deliver an integrated enterprise repository to more than 300 engineers to provide predictable output through repeatable controlled processes and to facilitate new product development.
“Our products are mainly large and complex assemblies so integration between our product data management and computer-aided design systems must be maximized for full efficiency,” said Peter Lundh, IT responsible at Sandvik AB. “Teamcenter’s open platform provides us with industry leading integration and collaboration capabilities. Sandvik and UGS have worked closely together to develop the solution that fit our needs. We have been a customer for nearly thirty years and we have great confidence in UGS.”
“Sandvik is known worldwide for the high level of automation they have reached in the production of cutting tools designed using NX, UGS’ next-generation digital product development system,” said Arie van Essen, vice president for UGS’ Nordic Region. “We are honored to be allowed to help them rationalize the production of their mining equipment even further through Teamcenter, the world’s most widely used PLM portfolio.”
Sandvik Mining and Construction has the market´s most comprehensive range of products for rock excavation operations. In addition, nearly all mines require customized solutions therefore Sandvik’s products are in use at thousands of construction sites.
Following several years of growth through acquisitions, Sandvik Mining and Construction today has several systems for product data management and design. With the help of UGS Teamcenter, Sandvik Mining and
Construction now intends to:
About Sandvik Sandvik is a high-technology engineering group with advanced products and world-leading positions in selected areas – tools for metalworking, machinery and tools for rock excavation, stainless materials, special alloys and resistance heating materials and process systems. The Group has 39,000 employees in 130 countries, with annual sales of approximately SEK 63,000 M.
Sandvik Mining and Construction is a business area within the Sandvik Group and a world-leading manufacturer of drilling and excavation machinery, tools and service for the mining and construction industries. Annual sales amount to SEK 20,600 M, with about 10,600 employees.
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, Transforming the process of innovation, Tecnomatix, Teamcenter, Solid Edge, Parasolid and NX are trademarks or registered trademark 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 customer relationship, 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, international operations and exchange rate fluctuations, 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.