FOR RELEASE Monday, February 13, 2006
BARCELONA, Spain and PLANO, Texas - UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that Industria de Turbo Propulsores (ITP), a leading manufacturer of aeronautical engines and gas turbines, selected NXTM, UGS’ comprehensive digital product development software, to reduce design times and improve collaboration across projects.
ITP’s engineering division selected UGS’ NX software following an intense evaluation process. The company cited NX’s ability to produce complex electronic models of its products in 3D as a key selection factor. As a result of the selection, ITP has implemented 100 NX seats in its development centers in Madrid and Zamudio, Viscaya.
“Introducing NX enables ITP to increase its design and engineering capacity and integrate its manufacturing plants and clients more effectively," said Jose Antonio Malumbres, director of ITP Engineering. “Furthermore, NX provides valuable communication capabilities that will enable ITP to more efficiently collaborate with suppliers who use the same solution, improving profitability for both organizations.”
“We are very glad to have been chosen by ITP after such an intense evaluation process. Improving communication and taking advantage of existing best practices will help ITP improve its collaborative efforts,” said Paul Vogel, senior vice president and managing director for UGS for Europe, Middle East & Africa.
Widely used in the aeronautical sector and the aviation engine industry in particular, NX is a next-generation digital product development system that helps companies transform the product lifecycle. With the industry’s broadest suite of integrated applications, NX touches the full range of development processes in product design, engineering and manufacturing. NX allows manufacturers to conceive, design, engineer and validate discretely manufactured products – and capture their product definitions – in a fully digital environment.
Building on its industry-leading ability to capture knowledge and simulate performance throughout the product development process, NX 4 includes hundreds of customer-driven enhancements that improve manufacturers’ ability to differentiate their products and to transform their process of innovation (see separate release for details www.ugs.com/about_us/press/press.shtml?id=4149).
About Industria de Turbo Propulsores, S.A. (ITP)
The activities of the ITP Group, whose parent company, Industria de Turbo Propulsores S.A. is owned by Sener Aeronáutica (53.125%) and Rolls-Royce (46.875%), includes engineering, research and development, manufacture and forging, assembly and testing of aeronautical engines and gas turbines. It is also involved in engine and plane maintenance and provides leasing services together with buying and selling engines. It is also the official maintenance service for most engine manufacturers in the world today, with a capacity to repair 400 engines a year.
The ITP Group has 11 work centres in Europe and America including: a centre in Zamudia (Vizcaya), which is also the manufacturing and engineering plant and company headquarters; another in Ajalvir (Madrid), where assembly, maintenance and testing is carried out, a sales office and technical office in Madrid; ITP York (U.K.) carries out maintenance; ITR Mexico, in Santiago de Queretaro, which carries out maintenance on aeronautical engines with up to 100,000 pounds thrust; and PCP in Barakaldo, Vizcaya, an aeronautical components company.
The company also owns the subsidiary companies Servicios de Ingeniería y Tecnologías de Diseño, S.A. ITD and Industria de Tuberías Aeronáuticas, S.A. ITA and is the owner of the American engine sale and leasing company ITP-AMTEC, based in Florida.
For more information, visit www.itp.es/
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 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 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.