FOR RELEASE Tuesday, April 26, 2005
HAMEENLINNA, Finland and PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that Patria Vehicles Oy, part of the Patria Group, has standardized on UGS’ NX™ and Teamcenter™ software and services for product development throughout its organization and supply chain.
Today’s announcement marks an expansion of the joint work between the two companies which began in 1997 Patria Vehicles currently uses UGS’ digital simulation software solution for advanced finite element analysis (FEA).
The agreement creates a framework to deploy NX (UGS’ digital product development software) and Teamcenter (UGS’ product knowledge management and collaboration software) for armored wheeled vehicles, Patria Vehicles’ flagship product. NX will replace Patria Vehicles’ existing computer-aided design (CAD) solutions.
“UGS has proven its superiority in products and quality of services,” said Ari Talvenheimo, vice president of engineering, Patria Vehicles. “After extensive and measured product tests we have confidently selected UGS and their regional partner Ideal Engineering Oy to be our PLM technology and service provider.”
“UGS is pleased to have won this expanded contract with Patria, a leading defense company. This agreement is the culmination of several years of collaboration between the companies,” said Mike Robinson, director Northern and Eastern Europe for UGS’ Distributor Operations, EMEA. “Patria Vehicles’ extensive testing and adoption of our solutions confirms UGS as the only company able to satisfy the complex PLM needs of a manufacturing company requiring real time collaboration within its own organization and in the extended supplier enterprise.”
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 clients to conceive, design, engineer and validate discretely manufactured products – and capture their product definitions – in a fully digital environment.
Teamcenter, the de facto standard for PLM, connects people and processes – creating, capturing and sharing product knowledge to power innovation and productivity, through an integrated portfolio of proven solutions built on Teamcenter’s open PLM foundation. Teamcenter leads the PLM industry with digital product development, engineering process management and product knowledge management solutions that deliver fast time-to-value.
Patria Group is an international aerospace and defense company with extensive operations in the Baltic region. The group has four business areas: Vehicles, Weapon Systems, Aviation and Advanced Solutions. Patria’s key product portfolio includes armored wheeled vehicles, mortar systems, helicopters and aircraft, and the life cycle support of these products. Patria delivers internationally competitive solutions to global markets based on specialist know-how and partnerships. Patria Group posted net sales of EUR 346.4 million with an average of 1988 employees in 2004. Patria’s owners are the Finnish State and EADS.
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, Teamcenter and NX 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 success 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 developments in the PLM industry 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.