FOR RELEASE Tuesdsay, June 7, 2005
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that it will host the third annual “Digital Manufacturing Symposium” on June 15 and 16 at the Conference & Event Center in Dearborn, Michigan.
UGS’ premier digital manufacturing event will include a full day of customer presentations on the benefits of digital manufacturing technology, implementation lessons learned and future plans. Scheduled to present are CIO’s, executives and leaders from world-class manufacturing companies including American Axle, Caterpillar, GE Transportation, General Motors, Rolls-Royce and Visteon.
In addition, UGS will host technical sessions of Tecnomatix™ software, its market-leading digital manufacturing product suite. Focused breakout sessions will cover manufacturing planning, plant performance optimization and production management. A special management track will examine the business benefits of digital manufacturing– a PLM strategy that focuses on improving every aspect of how a company builds its products, and leveraging the UGS Teamcenter Manufacturing backbone as a foundation for manufacturing engineering to leverage the worlds leading PLM system.
“Attendance at this event has doubled each of the last three years and we expect that trend to continue due to the growing interest in digital manufacturing as a key part of a complete product lifecycle management (PLM) strategy,” said Al Hufstetler, vice president, digital manufacturing global marketing for UGS. “Participation will also increase as a result of UGS’ recent acquisition of Tecnomatix which positioned UGS as a leading digital manufacturing solutions provider.”
Leading PLM consulting and research firmsconcur on UGS’ leadership and growth of the digital manufacturing sector. Daratech ranks the combined UGS- Tecnomatix solution as number one in digital manufacturing marketplace revenue. Furthermore, CIMdata forecasts the digital manufacturing market to growby more than 25 percent annuallythrough 2009.
To register for the UGS Digital Manufacturing Symposium or for more information, visit www.ugs.com/forms/symp_dig_mfg.shtml.
Tecnomatix is the digital manufacturing brand of UGS, which acquired Tecnomatix Technologies Ltd. on April 1. Tecnomatix is the most widely-used digital manufacturing solution, enabling organizations to design, simulate and execute production processes. Digital manufacturing is a critical component of product lifecycle management, helping businesses increase profitability by improving the way products are built. Companies worldwide - including BMW, Lockheed-Martin and Michelin – use Tecnomatix in an effort to reduce operating costs, accelerate product introductions and shorten time to volume while maintaining high levels of product and process quality. Tecnomatix products leverage UGS’ Open Teamcenter Backbone solution, which facilitates integration with other UGS solutions, as well as third-party systems. With Tecnomatix, UGS® brings together best-of-breed digital manufacturing solutions, deep process expertise and a proven knowledge management foundation spanning the entire product lifecycle. For more information visit: www.ugs.com/tecnomatix.
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 42,000 clients worldwide. Headquartered in Plano, Texas, the company promotes openness and standardization and works collaboratively with its clients in creating enterprise solutions enabling them to transform their process of innovation and thus begin to capture the value of PLM.
Note: UGS, Tecnomatix and Open Manufacturing Backbone 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 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.