AIRPLANE MANUFACTURER COMMITS ADDITIONAL $3 MILLION TO CONCENTRA FOR ENGINEERING AUTOMATION SOFTWARE.BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 15, 1996-- Knowledge-Based Engineering Knowledge-based engineering (KBE) is a discipline with roots in computer-aided design (CAD) and knowledge-based systems but has several definitions and roles depending upon the context. (KBE KBE (in Britain) Knight (Commander of the Order) of the British Empire ) Plays a Critical Role in Designing New Planes Under Increasing Market Demand Concentra Corporation (Nasdaq: CTRA CTRA Canadian Therapeutic Recreation Association CTRA College Terrace Residents' Association CTRA Canadian Telecommunications Resellers Alliance CTRA Committee To Restore America ), a leading supplier of engineering automation software to aerospace and automotive manufacturers worldwide, today announced that one of Concentra's largest customers, a U.S. airplane manufacturer, has made an additional $3,000,000 purchase of the ICAD ICAD International Community for Auditory Display ICAD Individual Chemical Agent Detector ICAD Institute of Community and Area Development ICAD Individual Channel Analysis and Design ICAD Integrated Computer Aided Design ICAD Iowa City Area Development Group, Inc. (R) System, Concentra's engineering automation software. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lawrence Rosenfeld, Concentra's Chairman and Chief Executive Officer, "This order, coming on the heels of the recently announced $2 million order from another customer, further establishes that the ICAD System is a proven strategic solution in the aerospace market--specifically for commercial airplane manufacturers who must quickly respond to changing market demands with new airplane designs. By helping manufacturers reduce cycle time and costs for design, engineering, and manufacturing, Concentra is well positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the current expansion in the aerospace industry. This growth opportunity is being fueled by 500+ seat airplanes manufactured by the large, established players and also by the 100 seat regional jets being produced by a multitude of new entrants from the Pacific Rim, Europe, and the Americas." Most of the world's major aerospace companies use Concentra's products including Boeing, Airbus, McDonnell Douglas, Sikorsky, Pratt & Whitney, IPTN IPTN Industri Pesawat Terbang Nusantara (Indonesia) , British Aerospace, Shorts Brothers, Aerospatiale, and Textron, among others. About Concentra Concentra Corporation is the leading provider of object-oriented sales and engineering software solutions. Using Concentra's software, market-leading companies worldwide in the aerospace, automotive, industrial equipment and construction industries are creating customer-driven product designs, product configurations and sales proposals in minutes, not months. Headquartered in Massachusetts, the company operates from offices across the United States, Europe and Asia. For more information, contact Concentra Corporation, 21 North Avenue, Burlington, MA 01803-3301, Tel: (617) 229-4600, Fax: (617) 229-4700, info@concentra.com or http://www.concentra.com. CONTACT: G. M. Schimmoeller Vice President and CFO See Chief Financial Officer. 617-229-4647 gms@concentra.com OR Janet Page Marketing Communications 617-229-4669 jpage@concentra.com |
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