Aavid Thermal Technologies, Inc. Announces the Formation of a New Subsidiary, Enductive Solutions, Inc.Business/Technology Editors CONCORD, N.H.--(BUSINESS WIRE)--July 11, 2001 Solutions Consulting Firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Provides Highly-Focused, Customized Computer-Aided Engineering See CAE. Computer-aided engineering Any use of computer software to solve engineering problems. With the improvement of graphics displays, engineering workstations, and graphics standards, computer-aided engineering (CAE) has come to mean the computer Choices Aavid Thermal Technologies, Inc., a leading provider of thermal management solutions and developer of computational fluid dynamics Computational fluid dynamics The numerical approximation to the solution of mathematical models of fluid flow and heat transfer. Computational fluid dynamics is one of the tools (in addition to experimental and theoretical methods) available to solve software, today announced the launch of its newest subsidiary, Enductive Solutions Inc. (www.enductive.com), with offices in Scotts Valley, California Scotts Valley is a small city located in eastern Santa Cruz County, California, United States, about ten miles (16 km) south of San Jose and six miles (10 km) north of the beach in the upland slope of the Santa Cruz Mountains. As of the 2000 census, the city population was 11,385. and Concord, New Hampshire
Concord is the capital of the state of New Hampshire in the United States. It is also the county seat of Merrimack County. As of the 2000 census, its population was 40,687. . Enductive Solutions helps customers to use computer-aided engineering (CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. ) tools in the smartest way possible, thereby shortening their product development cycles, decreasing time-to-market, and reducing costs overall. Enductive Solutions' approach considers each customer's internal expertise, existing design software, associated databases, hardware, and overall design process. The result is a unique and focused customer-tuned CAE process with a customized graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to (GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. ) that ties together all of the design components, specific analysis tools and hardware while saving time, reducing tedium, and achieving integration. "Desktop analysis and design is no longer an ivory tower ivory tower n. A place or attitude of retreat, especially preoccupation with lofty, remote, or intellectual considerations rather than practical everyday life. tool, reserved for the engineering and scientific elite of large companies and research organizations. It's become a significant competitive advantage," stated Aavid's President and Chief Executive Officer Bart Patel. "The challenge now is not to just pursue CAE, but to deploy and exploit it for design and analysis in any organization. Enductive has the tools to make it happen. We're very excited about this new venture." Enductive Solutions works with companies to take an objective and in-depth look at their CAE capabilities, considering the organizations' goals, competitive situation, and resources. By partnering with companies, Enductive creates a solution approach that focuses on applicability, integration, simplicity, and ease-of-use. "Where there is a need for effective use of CAE software, we identify and fulfill that need," said Enductive's Chief Executive Officer Michael Engelman. "Where there is an existing process or tool that works, we preserve it. Where there are CAE integration challenges or opportunities for improved CAE resource management, we guide them toward solutions. We help the engineers by removing the CAE headaches and enabling them to focus on their core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
The firm is led by co-founders Engelman, former President of Fluid Dynamics fluid dynamics n. (used with a sing. verb) The branch of applied science that is concerned with the movement of gases and liquids. International, and architect of the computational fluid dynamics (CFD CFD - Computational Fluid Dynamics ) software FIDAP FIDAP Fluid Dynamics Analysis Package (Fluid Dynamics International, Inc.) , and corporate vice-president of CFD software provider Fluent Incorporated; and Philip Raymond, formerly senior director of customer services at Applied Materials and director of engineering analysis at Silicon Graphics Incorporated. Enductive makes use of a large Solution Alliance Partner network to aid in fast implementation of customer solutions. This network of partners includes the leading CAE software and hardware vendors. To learn more about the various solution scenarios that Enductive uses as its framework for improving customer's CAE capabilities, visit www.enductive.com or contact Philip Raymond at pray@enductive.com or 831-338-0404. Company Background Aavid Thermal Technologies, Inc. is a leading provider of thermal management solutions for dissipating potentially damaging heat from digital and industrial electronics. Aavid serves a highly diversified range of markets, principally in North America, Europe and the Far East, driven by the company's operations in three distinct markets: thermal management solutions, computational fluid dynamics software and customized and integrated analysis-design solutions for computer aided engineering (application) Computer Aided Engineering - (CAE) Use of computers to help with all phases of engineering design work. Like computer aided design, but also involving the conceptual and analytical design steps. (CAE). Thermal management solutions include products and services that solve problems associated with the dissipation of unwanted heat in electronic and electrical components and systems. Computational fluid dynamics (CFD) software permits computer modeling and flow analysis of products and processes that would otherwise require time-consuming and expensive physical models and the facilities to test them. Ongoing increases in silicon and system integration, higher processing speeds and frequencies, smaller form factors, more sophisticated power requirements and other advances in chip technology create excessive heat in microprocessors and IC's (semiconductors) in electronic and electrical components and systems. Microprocessors and integrated circuits operate efficiently only in a narrow temperature band. The excessive heat generated by these semiconductors not only harms their own performance but also degrades system performance and reliability and can cause system failure. The increasingly wide range of environmental conditions, including temperature extremes, in which electronic systems are expected to operate, exacerbates these negative effects. The use of Aavid's thermal solutions helps maintain device and system performance and reliability and helps avoid premature component and system failure. Beyond specific thermal solutions a variety of design and analysis challenges can be addressed with customized, integrated and tuned analysis-design solutions, These solutions bridge various physical disciplines and their associated CAE software components, resulting in a customer specific solution with an intuitive and specified GUI based interface. This allows the customer to focus on the design challenges at hand not the myriad of analysis and design tools mitigating analysis costs and shortening product design cycles. Additional information on Aavid Thermal Technologies is available on the World Wide Web at http://www.aatt.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 The matters discussed in this release contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) and information relating to the Company that is based on the beliefs of the management of the Company, as well as assumptions made by and information currently available to the management of the Company. The words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views of the Company with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. The Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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