Advanced Energy Standardizes on SDRC's I-DEAS Software; Advanced Energy Industries Engages With SDRC in a Partnership for Competitive Excellence.Business Editors, High-Tech Writers CINCINNATI--(BUSINESS WIRE)--Jan. 17, 2000 SDRC (company) SDRC - The company behind VGX. http://sdrc.com/. (Nasdaq:SDRC), a leading global supplier of Internet-enabled collaborative product development Collaborative Product Development (Collaborative Product Design) (CPD) is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product. solutions, today announced that Advanced Energy Industries, Inc. (Nasdaq:AEIS AEIS Advanced Energy Industries, Inc. (stock symbol) AEIS Aeronautical En-route Information Service AEIS Asociación Española de Ingeniería Sísmica (Spanish Association of Earthquake Engineering) ) has engaged in a partnership for competitive excellence with SDRC. As part of this agreement, Advanced Energy is standardizing on SDRC's award-winning I-DEAS(R) software. The initial order for software and services is valued at over $500K, with additional anticipated orders in excess of $1 million expected over the next two years. "We needed more than technology," said Dr. Hollis Caswell, president and COO, Advanced Energy. "We have significant growth goals, and we looked for a strategic partner who could provide technology tools as well as critical process support expertise. SDRC was willing to listen to our needs and to propose a total solution. We are confident that SDRC is the right partner to enable us to achieve competitive excellence in our industry." Advanced Energy, with headquarters in Fort Collins, Colorado The City of Fort Collins, a home rule municipality situated on the Cache la Poudre River along the Colorado Front Range, is the county seat and most populous city in Larimer County, Colorado. , is a leading inventor, designer, manufacturer, and supplier of power conversion and control system solutions and related products. After an extensive evaluation, SDRC's I-DEAS was selected as the core development tool replacing Advanced Energy's existing CAD tools. I-DEAS will be deployed initially in Fort Collins, Colorado and in Voorhees, New Jersey, in a fully collaborative product development environment for the design and manufacture of critical power supplies and power delivery systems. "Advanced Energy is a recognized innovator in their industry, and we are pleased to partner with them," said Bill Weyand, chairman, president, and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , SDRC. "We intend to continue expanding the value proposition that we offer major manufacturers worldwide by providing complete enterprise product development solutions. Through our competitive excellence partnership model, we look forward to working closely with Advanced Energy in helping them to achieve their business goals." About Advanced Energy Industries, Inc. Advanced Energy is a worldwide leader in the development and marketing of power conversion and control system solutions, ion-beam sources, and plasma abatement A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. With respect to estates, an abatement is a proportional diminution or reduction of the monetary legacies, a disposition of property by will, when systems. Customers throughout the world use Advanced Energy's products where plasma-based thin film technology is a critical function in their manufacturing process. These applications include the manufacture of semiconductors, CD-ROMs, DVDs, compact disks, flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time , disk drives, and optical and architectural glass. In addition, Advanced Energy provides the power conversion and control system solutions of choice to a growing number of general applications in the medical, instrumentation, telecommunications, automotive, food packaging, and tool industries. Founded in 1981, AE is a publicly held company traded on Nasdaq under the symbol AEIS. www.advanced-energy.com About SDRC SDRC (Structural Dynamics Structural dynamics is a subset of structural analysis which covers the behaviour of structures subjected to dynamic loading. Dynamic loads include people, wind, waves, traffic, earthquakes, and blasts. Any structure can be subject to dynamic loading. Research Corporation) is a leading global provider of Internet-enabled collaborative product development solutions through its Metaphase metaphase /meta·phase/ (met´ah-faz) the second stage of cell division (mitosis or meiosis), in which the chromosomes, each consisting of two chromatids, are arranged in the equatorial plane of the spindle prior to separation. (R) Enterprise(TM) product data management software and I-DEAS(R) mechanical design automation software. The Company's products, coupled with process engineering and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , create an E-business environment that enables industry leaders to optimize product development early in the design process, accelerate product innovation, and significantly improve time-to-market. SDRC employs more than 2,500 people worldwide, with 77 offices in 18 countries throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia/Pacific. www.SDRC.com/ Note to Editors: SDRC, Metaphase, and I-DEAS, are registered trademarks, and Metaphase Enterprise is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders. |
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