FOR RELEASE Wednesday, April 4, 2007
PLANO, Texas and STOCKHOLM, Sweden – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced a major PLM contract with Wärtsilä Corporation, a leading global supplier of ship power and power plant solutions, for more than 700 software licenses and services. As part of the agreement, Wärtsilä will use UGS’ Teamcenter® software as its PLM platform at production plants worldwide. The company selected UGS® software following an extensive evaluation of leading global PLM and ERP vendors.
Teamcenter, UGS’ digital lifecycle management solution and the world’s most widely used PLM portfolio, will serve as a key element to build a central repository for shared product information in order to enhance Wärtsilä’s PLM and technology development capability. Teamcenter will manage all design and engineering data within a single PLM solution, including CAD data from I-deas™, NX®, AutoCAD™ and Comos™. In addition, Wärtsilä will implement Geolus® Search software solutions, UGS’ software application that has the ability to rapidly locate parts from large heterogeneous data sources on the basis of geometric similarity.
UGS PLM technology helps customers enhance product development capabilities and reduce global data management costs, enabling customers to bring innovative, cost effective products to market faster.
“UGS is honored to sign a major PLM agreement with Wärtsilä, the leading ship power supplier and a major provider of power plants, said Paul Vogel, senior vice president and managing director, Europe, Middle East and Africa, UGS. “Wärtsilä’s selection of UGS following an extensive evaluation of leading global PLM and ERP vendors confirms the business and engineering benefits of UGS’ PLM technology.”
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. In 2006 Wärtsilä´s net sales were EUR 3.2 billion and the number of employees is 14,000.
UGS is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 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, Geolus, I-Deas, NX, Teamcenter 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. AutoCAD is a trademark or registered mark of Autodesk, Inc. or its subsidiaries in the United States and other countries. Comos is a trademark or registered mark of innotec GmbH or its subsidiaries in the United States and 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, partnering strategy, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q for the period ended June 30, 2006 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.