Bosch Security Systems Ltd. Selects eMPower Solutions from Tecnomatix to Enhance Manufacturing Capabilities.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--March 25, 2004 Initial Implementation in South China Manufacturing Site to Enhance Industry Leader's Product Rollout and Plant Changeover Capabilities Tecnomatix Technologies Ltd. (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 : TCNO TCNO Time Compliance Network Order (USAF) TCNO Tactical Computers Network Operators ), the driving force in Manufacturing Process Management Manufacturing Process Management (MPM) is a collection of technology and methods used in the manufacture of products. It incorporates such technologies as computer-aided production engineering (CAPE), Advanced Planning & Scheduling (APS) , computer-aided manufacturing (CAM), (MPM MPM Multi-Processing Module (Apache) MPM Manufacturing Process Management MPM Milwaukee Public Museum MPM MMW (Millimeter Wave) Power Module MPM Master of Project Management (degree) ), today announced that Bosch Security Systems Ltd. has selected eMPower(TM) solutions from Tecnomatix Unicam for their manufacturing site in China. Tecnomatix Unicam is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Tecnomatix Technologies. The eMPower for Electronics solutions -- including eM-Assembly Expert and eM-Test Expert -- will help the company facilitate machine setup and reduce the impact of product changeover in the company's high-mix, low-volume (HMLV HMLV High Mix, Low Volume HMLV Highly Maneuverable Lethal Vehicle ) manufacturing environment. Eventually, Bosch Security Systems Ltd. plans to extend this eMPower application to the shop floors as well. This initiative will begin with the Bosch Security Systems facility in Zhuhai, South China. "Bosch Security Systems Ltd. values Tecnomatix as an MPM leader with a vision that is compatible with our needs," said Dr. Skirl skirl v. skirled, skirl·ing, skirls v.intr. To produce a high, shrill, wailing tone. Used of bagpipes. v.tr. To play (a piece) on bagpipes. n. 1. Siegfried, manufacturing projects manager at Bosch Security Systems Ltd. "Tecnomatix eMPower solutions offer Bosch Security Systems a total solution for EMS as well as a more complete, streamlined production process overall." "The importance of flexible and collaborative work environments continues to grow in significance as manufacturing capabilities are enhanced and as processes become more complex," said Israel Levy, chief executive officer of Tecnomatix Unicam. "With the comprehensive set of solutions we offer for MPM, Tecnomatix helps manufacturers make better, more informed business decisions earlier in the production process. This means faster time-to-volume and more flexibility to respond to rapidly changing industry demands. We are pleased to be sharing our vision with an industry leader like Bosch Security Systems Ltd." About Tecnomatix Technologies Tecnomatix Technologies Ltd. is the driving force in Manufacturing Process Management (MPM). Today's leading global manufacturers are adopting MPM solutions to expand revenue potential and reduce costs by accelerating product introductions, shortening time shortening time n. an order of the court in response to the motion of a party to a lawsuit which allows setting a motion or other legal matter at a time shorter than provided by law or court rules. to volume, and optimizing production execution. eMPower enables our customers to succeed with its collaborative, open platform and applications for defining, simulating, managing, and executing manufacturing processes across the extended enterprise. For more information please visit www.tecnomatix.com. This press release includes 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. , 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, which are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the Company's plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, market demand for Tecnomatix products and services, long sales cycles, new product developments, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchange Commission. Tecnomatix undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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