NEW YORK, June 19, 2007 – UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced the extension of their current PLM software license agreements with General Motors Corporation (NYSE: GM). Terms are not being released.
UGS PLM Software made the announcement in conjunction with its annual industry analyst event, at which key company executives plan to share the company’s go-forward vision for the PLM and production automation markets.
UGS PLM Software technology currently enables GM product development, manufacturing and supplier teams to define, organize and conduct real-time design reviews with access to digital product information across all of GM’s global engineering centers, manufacturing sites and more than 1,000 supplier locations worldwide. These agreements extend the use of UGS PLM Software’s PLM technology and services and expand GM’s use of UGS Tecnomatix™ software, UGS PLM Software’s best-in-class digital manufacturing solution for factory layout, simulation and process planning.
Digital manufacturing is a PLM strategy that focuses on improving every aspect of how a company builds its products. Many of the world’s most forward-thinking manufacturers are embracing the technology – and they have reported a number of benefits such as better asset utilization, reduced launch times, more predictable processes and improved profitability. Digital manufacturing gives GM the ability to validate every process used in a plant, ultimately encompassing the entire operation, before the actual plant is even built.
“GM continues to refine its use of a single, common suite of commercial applications from UGS PLM Software for all its global vehicle and powertrain programs,” said Terry Kline, process information officer, Global Product Development, General Motors Information Systems & Services. “This allows us to better manage the IT environment, upgrade systems and collaborate in real time. With more than 30,000 installed seats, UGS PLM Software’s technology is an integral component of our global vehicle development and manufacturing process.”
“However, in today’s global automotive industry, it is clear that being a global company with local programs will not suffice. In order to stay competitive, companies must align programs and organizations on a global basis. UGS PLM Software understands this critical market need and their PLM technology has already delivered on GM’s requirement for production tested, globally scalable systems for product development and manufacturing,” added Kline.
“GM continues to lead the automotive industry in globalizing its PLM platform, leveraging UGS PLM Software’s capability for scalability and collaboration to its full extent,” said Tony Affuso, chairman and CEO of UGS PLM Software. “GM continues to transform its process of innovation through PLM, and is increasingly able to get exciting quality vehicles and powertrains to the world market in shorter periods of time. We believe the result of the Siemens UGS PLM Software’s direction to link the virtual to the physical world will inevitably further reduce product development costs and enhance product quality and innovation worldwide.”
UGS TeamcenterTM software, UGS PLM Software’s digital lifecycle management solution and the world’s most widely used PLM portfolio, serves as the platform upon which GM implements and maintains common engineering and manufacturing processes. GM is widely recognized for its ability to successfully execute complex global product programs and UGS PLM Software products are a critical element to making that strategy possible. UGS PLM Software provides GM advanced software interoperability and knowledge-based capabilities, giving GM access to current and accurate digital information, without translation, wherever and whenever required.
About UGS PLM Software
UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.4 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS PLM Software’s open enterprise solutions enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services. For more information on UGS PLM Software products and services, visit www.siemens.com/ugs.
About Siemens Automation and Drives
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS, UGS NX, UGS Teamcenter and UGS Tecnomatix are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries.