Avery Dennison Makes a Significant Investment in Moldflow Manufacturing Solutions Products.Business/Technology Editors WAYLAND, Mass.--(BUSINESS WIRE)--Sept. 13, 2002 Moldflow Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MFLO), the world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced that Avery Dennison's Fasterner Division, a global leader in molded plastic fastening systems, tags and application devices that fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. retailer demand for store-ready merchandise and the need to control and secure in-store merchandise, has purchased Moldflow's Manufacturing Solutions products. The order, which consists of the Moldflow Plastics Xpert and Shotscope products for real-time production and process monitoring and control on the manufacturing floor, is valued at approximately $220,000, and will begin shipping during Moldflow's first fiscal quarter. About Moldflow Corporation Moldflow (NASDAQ: MFLO) is the world's leading provider of software products and services to increase the speed, efficiency, quality and cost savings of the design and manufacture of injection molded plastic products. Companies use Moldflow's complete suite of products to address plastic part design issues at the earliest possible stage as well as to maximize productivity and profitability on the manufacturing floor. Our collaboration with academia, industry and customers around the world has led to a reputation for constant innovation in the complete design-to-manufacture process. Headquartered in Wayland, Massachusetts Wayland is a town in Middlesex County, Massachusetts, United States. The population was 13,100 at the 2000 census. For geographic and demographic information on Cochituate, which is part of Wayland, please see the article Cochituate, Massachusetts. , Moldflow has offices and R&D centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Australia and the Asia Pacific region. For more information about Moldflow, visit www.moldflow.com or call 508-358-5848; fax: 508-358-5868. Note to editors: Moldflow, Moldflow Plastics Xpert and Shotscope are trademarks or registered trademarks of Moldflow Corporation or its subsidiaries worldwide. All other trademarks are properties of their respective holders. Except for the historical information contained herein, matters discussed in this press release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , as defined under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform of 1995, that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include Moldflow's ability to continue to anticipate and respond to customer requirements and to deliver products that meet those requirements and the risk that the announcement of any particular sales order The sales order, sometimes abbreviated as SO, is an order received by a business from a customer. A sales order may be for products and/or services. Given the wide variety of businesses, this means that the orders can be fulfilled in several ways. is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period, together with such other risks and uncertainties as are detailed from time to time in reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 2001 and our subsequent quarterly and annual filings. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion