FOR RELEASE Thursday, November 30, 2006
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced the availability of Parasolid® version 18.1 (V18.1) software, the latest release of its PLM industry-leading geometric modeling component software.
Parasolid V18.1 includes numerous customer-driven enhancements that further increase automation and ease-of-use across a broad range of functionality.
This latest release marks a significant milestone in the continued growth of Parasolid-based software, as the estimated user-base of Parasolid-powered applications has now exceeded two million seats. UGS licenses Parasolid based on a “level playing field” policy that ensures all Parasolid customers will get access to software fixes and enhancements at the same time they are made available to UGS. Due in part to this policy, and Parasolid’s widespread success in diverse design, manufacturing and analysis applications, industry analysts have been quick to recognize Parasolid’s impressive growth.
In fact, in a new article about the 3D Component Software Market being issued tomorrow in Cyon Research’s CADCAMNet publication, the firm’s vice president and Chief Visionary, Dr. Joel Orr, cites Parasolid’s strong growth as a positive indicator for the future of the market, saying, “Look at the success of UGS’ Parasolid, which just broke the two-million user mark. UGS’ success is in no small part due to the company’s commitment to a level playing field (policy)… (Nearly) all other MCAD vendors who promote their own kernels as components don’t live up to that standard…”
Parasolid V18.1 includes numerous extensions in key functional areas that directly benefit customer applications. New modeling functionality for advanced blending, general sweeping and complex tapering allows greater support for design intent, while end-user productivity is boosted through increased automation in offsetting, patterning and imprinting. Interoperability support now includes enhanced continuity in geometry construction, together with optimizations in tolerant modeling and model interrogation, and new options in rendering, previewing and tracking have also been delivered. In addition, UGS has extended Parasolid’s continuous, multi-level testing program to over 1.5 million automated overnight tests, ensuring that Parasolid will continue to lead the industry in product quality.
“Excellence in functionality, quality and interoperability are the cornerstones of Parasolid’s success as the premier 3D modeling component for the PLM industry,” said Bruce Feldt, vice president of Open Tools for UGS. “Parasolid’s growth to over two million end-users speaks for itself – for 3D innovators who require best-in-class technology, Parasolid is the modeler of choice.”
Also announced today is Version 9.1 of Parasolid Bodyshop, a Parasolid-based toolkit that repairs, optimizes and validates 3D models imported into Parasolid to maximize downstream success in modeling and interoperability. This release includes enhancements in output pre-processing, tolerancing, quality and performance.
Parasolid is a key software product in the PLM Components suite of solutions, providing the geometric modeling foundation for many of the world’s leading computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) applications. UGS develops Parasolid, uses it throughout its extensive portfolio of product development applications, and licenses it to independent software vendors (ISVs) and end-user organizations to provide a consistent, world-class 3D modeling platform for the PLM industry.
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, Transforming the process of innovation and Parasolid 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 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, partnering strategy, major design errors or security flaws 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.