FOR RELEASE Thursday, December 1, 2005
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced a new software solution marketed by INCAT under the brand iCONNECT™ that makes the Teamcenter® platform, UGS’ extensive digital lifecycle management portfolio of applications and the world’s most widely used PLM solution, immediately available to all worldwide users of Autodesk Inventor® 2D/3D computer-aided design (CAD) software.
This new designer-centric offering, developed in conjunction with INCAT, a Foundation Partner in the UGS Partner Program, operates inside Inventor to access and manage design data stored within Teamcenter. Operating seamlessly between Inventor and Teamcenter’s product knowledge management and collaboration environment, the Autodesk-certified solution ensures that designs are secure, reusable and accessible, and further enhances Teamcenter’s value to small and mid-size organizations as well as large, extended enterprises.
With this offering, UGS and INCAT are now able to bring Teamcenter’s flexible engineering process management to Autodesk Inventor users, seamlessly and easily. Autodesk Inventor users can now more effectively take advantage of the full range of Teamcenter solutions, including those focusing on New Product Development and Introduction, Global Product Development and Regulatory Compliance.
“When we decided to design and build this solution, we knew that it had to be designer-centric, easy to learn and easy to use,” said Tanuj Bansal, managing director of INCAT Products Inc. “We built the solution right inside Inventor, so Inventor users do not have to work outside of their work environment. Inventor users can now access data in the Teamcenter system to improve design efficiency and reduce product development costs with concurrent engineering, ‘where-used’ analysis and automatic part numbering. Additionally, by providing an improved ability to reuse and share product models, users can spend more time adding value through design innovation and less time reinventing the wheel.”
Open solutions benefit companies of all sizes
Today’s announcement is part of UGS’ ongoing strategy to develop open solutions that respond to industry needs and produce significant benefits for customers of all sizes. On September 28, UGS announced the UGS Velocity Series, a PLM portfolio aimed at the unique requirements of mid-market manufacturers, which includes enterprise-class data management functionality through a new offering called Teamcenter Express. By adding support for Autodesk Inventor to any Teamcenter implementation, UGS further enhances the value it can deliver to each Inventor user, many of whom work for small- to medium-size manufacturers. In addition, today’s announcement further expands Teamcenter’s industry-leading list of third-party CAD applications managed through its multi-CAD data management capability.
“UGS continues to lead the PLM industry by responding to customer demands for open solutions that promote interoperability and standardization,” said Chris Kelley, vice president, UGS Partner Program. “By working with companies like INCAT to help expand the universe of applications that interoperate with UGS’ software solutions, we are making it easier for all companies to share in the benefits of PLM while continuing to leverage their existing applications.”
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, Teamcenter and Transforming the process of innovation are trademarks or registered trademark of UGS Corp. or its subsidiaries in the United States and in other countries. AUTODESK INVENTOR is a registered mark or trademark of Autodesk, Inc. 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.