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Autoliv Selects Tecnomatix e-Manufacturing Solutions to Increase Flexibility and Reduce Planning Time; Leader in Automotive Safety Systems Places Initial Order for eMPower Software.


Business/Technology Editors

HERZELIYA, Israel--(BUSINESS WIRE)--Sept. 14, 2000

Tecnomatix Technologies, Ltd. (NASDAQ-NM Symbol:TCNO TCNO Time Compliance Network Order (USAF)
TCNO Tactical Computers Network Operators
) a pioneer and world leader in e-Manufacturing software solutions, announced today that it received an order worth $145,000 from Autoliv GmbH for Tecnomatix eMPower Assembly e-Manufacturing software solution.

eMPower Assembly provides Autoliv with an e-Manufacturing environment and set of interoperable tools for multi-site development, optimization and collaboration of its manufacturing processes. The solution includes the eM-Planner application for planning and managing the entire manufacturing process, eM-Workplace for detailed design of production assembly lines as well as the e-Manufacturing Server and collaboration tools.

"We selected Tecnomatix' eMPower solution based on its ease of integration and ability to significantly reduce planning and assembly times," said Peter Riepl, planning manager, Autoliv. "We consider eMPower the strategic tool required to increase flexibility, streamline our planning processes and enable us to deliver a defect-free quality product to our customers worldwide. We are also anxious to implement a collaborative work environment that will allow us to unite all of our European sites and are confident that the Tecnomatix technology will enhance our entire manufacturing process."

"As the leading supplier of safety systems for automotive manufacturers worldwide, Autoliv's choice of Tecnomatix e-Manufacturing solutions further validates our stronghold in the automotive industry," said Harel Beit-On, president, Tecnomatix Technologies. "The increase of distributed manufacturing over multiple sites, is creating an urgent need for tools to communicate, share and organize the manufacturing information being created at different sites. Tecnomatix eMPower offering, with its powerful web-based server, planning, engineering and communication tools, is helping many manufacturers consolidate their manufacturing activities throughout the world, enabling them to accelerate new product introductions and deliver products faster in higher quality."

ABOUT AUTOLIV, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.

Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. The company has 60 wholly owned subsidiaries and joint ventures with close to 23,000 employees in 29 vehicle-producing countries. In addition, the company has eight technical centers around the world, including 19 test tracks, more than any other automotive safety supplier does. Sales in 1999 amounted to close to US $3.8 billion and net income US $200 million. The company's shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 (NYSE NYSE

See: New York Stock Exchange
:ALV ALV Arvonlisävero (Finnish: value added tax)
ALV Avian Leukosis Virus
ALV Andorra La Vella (capital of Andorra)
ALV Autonomous Land Vehicle
ALV Asta La Vista
ALV Alvin, Texas
ALV Air Launched Vehicle
), its Swedish Depositary Receipts on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries.  (SSE (1) An earlier full-screen editor in OS/2.

(2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the
:ALIV ALIV A Life in Vain (band) ) and its stock options on the Chicago Board Options Exchange Chicago Board Options Exchange (CBOE)

A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index)
 (CBOE CBOE

See: Chicago Board Options Exchange


CBOE

See Chicago Board Options Exchange (CBOE).
:ALV.).

ABOUT TECNOMATIX TECHNOLOGIES

Tecnomatix Technologies Ltd. (NASDAQ-NM:TCNO) is the world's leading provider of e-Manufacturing solutions that develop, communicate and operate optimal manufacturing processes across the extended enterprise. The Company's software helps manufacturers in the automotive, aerospace, electronics, PCB PCB: see polychlorinated biphenyl.
PCB
 in full polychlorinated biphenyl

Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound.
 and heavy equipment industries meet the challenges of e-business by accelerating time-to-market and time-to-customer, reducing production costs and increasing quality and productivity. Additional information about Tecnomatix can be found at www.tecnomatix.com.

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of 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. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, changes in the level of activity in the automotive industry, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.

Note: All brand, product and company names are trademarks of their respective owners.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Sep 14, 2000
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