Comau Signs Additional $1 Million in MPM Software Deals With Tecnomatix.Business/Technology Editors NASHUA, N.H.--(BUSINESS WIRE)--April 23, 2002 Leading Global Provider of Automation Tools for the Automotive Industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. Continues to Leverage eMPower Solutions for Design Reliability, Cost Savings Further entrenching itself as the world's leading provider of 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) ) software solutions, 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 ) today announced that Comau, a leading worldwide manufacturer of welding welding, process for joining separate pieces of metal in a continuous metallic bond. Cold-pressure welding is accomplished by the application of high pressure at room temperature; forge welding (forging) is done by means of hammering, with the addition of heat. systems for the automotive industry, will expand the use of Tecnomatix eMPower(TM) solutions throughout its organization. This is the culmination of a series of three agreements signed in Q4'01 and Q1'02, representing a total of $1 million worth of eMPower solutions and maintenance services; the software portion of the deal includes the eMPower CarBody and eM-Planner product suites and will add to eMPower MPM solutions already in place. Comau has been a Tecnomatix customer since the late 1980s, using eMPower solutions and services to design, simulate and offline-program spot-welding processes. Implementing Tecnomatix MPM solutions, such as the eMPower CarBody product suite, has helped Comau dramatically reduce time-to-market and cut development costs associated with the production of welding lines -- the pre-configured, automated manufacturing factory lines used to spot-weld automobile parts. eMPower CarBody has helped Comau improve ramp-up time for new welding lines, reducing errors and delivering optimized systems to Comau's automotive customers. In addition to its continued use of eMPower CarBody, Comau is now expanding its software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. to include Tecnomatix eM-Planner to help shape and update the company's manufacturing process. eM-Planner enables enterprise-wide collaborative planning and management of the manufacturing process for single operations, lines and entire plants. The solution helps users quickly evaluate manufacturing alternatives, coordinate resources, optimize throughput, plan for multiple variants, implement changes and estimate costs and cycle times -- all in the early stages of concept planning. "As the world's leading line designer and systems integrator, we're always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to improve the planning and design process to reduce our customers' overall processing time and costs," said Franco Deregibus, chief information officer, Comau. "Our expanded contract with Tecnomatix reflects the tremendous return on investment we've gained from using their eMPower solution set in the past -- a valued return we look forward to continuing." "The automotive industry has always represented a major market segment for us," said Harel Beit-On, chairman and chief executive officer, Tecnomatix Technologies. "Our 10-year-plus relationship with Comau is a prime example of the trust that today's automotive leaders place in Tecnomatix and the tremendous impact our industry-leading MPM solutions are having on the automotive industry." About Tecnomatix Technologies, Ltd. Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is the world's leading provider of Manufacturing Process Management software for the electronics, automotive, aerospace and heavy equipment industries. The company's eMPower(TM) software enables global manufacturing customers to build the best production strategies to succeed in their increasingly complex environments. Tecnomatix applications run on an open platform providing a collaborative environment for authoring, simulating and managing manufacturing processes across the extended enterprise and its suppliers. The company, founded in 1983, has offices and distributors in 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, the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Additional information about the company can be found at www.tecnomatix.com. About Comau Comau is a global supplier of industrial automation systems for the automotive industry. It provides customers with product and process engineering, management and logistics, program management, building installation and production start-up. Certain statements made herein that use the words "estimate," "project," "intend," "expect," "believe" and similar expressions are intended to identify 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. 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, political and business conditions and specifically, changes in the level of activity in the manufacturing 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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