Dassault Systemes Names Jeff Ray CEO of SolidWorks.CONCORD, Mass. -- Regulatory News: Ray to Strengthen SolidWorks' Leadership of Global 3D CAD Market Dassault Syst[c]mes (DS) (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 :DASTY) (Paris:DSY DSY Drum Storage Yard ), a world leader in 3D and Product Lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. Management (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) solutions, today announced the appointment of Jeff Ray as 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. of SolidWorks, Dassault Syst[c]mes' brand for mainstream 3D mechanical design software. Previously chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Ray is replacing John McEleney. Ray will be responsible for making SolidWorks the industry standard in mainstream 3D CAD. "Jeff brings a wealth of industry and management experience to his new role that will assure SolidWorks' successful performance in the next stage of its development," said Bernard Charl[c]s, president and CEO of Dassault Syst[c]mes. "John has done a fantastic job of transforming SolidWorks from an ambitious startup into a successful global organization with an unrivaled distribution channel through his unwavering commitment to customers, community, employees, and colleagues." Ray joined SolidWorks in October 2003 as chief operating officer. He has been instrumental in improving global distribution performance and increasing revenue, profit, and global market share. His four years at SolidWorks extend his nearly 30-year record of building and transforming operations in international businesses. He has held senior executive positions at companies including Progress Software, Compuware and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Founded 14 years ago by Jon Hirschtick and under John McEleney's strong leadership since 2001, SolidWorks is a remarkable success story. Ten years after its acquisition by Dassault Syst[c]mes, SolidWorks' revenues have increased almost forty fold and over 680,000 users now benefit from SolidWorks' solutions. McEleney is retiring to embrace new personal opportunities. He will remain closely linked to the company as a member of SolidWorks' board of directors and Dassault Syst[c]mes' global management team until the end of the year. About SolidWorks SolidWorks, Dassault Syst[c]mes' brand for 3D mechanical design software, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (www.solidworks.com) or call 1-800-693-9000 (outside of North America, call +1-978-371-5000). About Dassault Syst[c]mes: As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Syst[c]mes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Syst[c]mes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Syst[c]mes portfolio consists of CATIA A family of 2D and 3D CAD programs from IBM. CATIA was one of the first CAD programs to provide 3D solid modeling. The program was developed by Dassault Systems, a French aerospace company. for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA DELMIA Digital Enterprise Lean Manufacturing Interactive Application for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA DVIA Dvi Analog for online 3D lifelike experiences. Dassault Syst[c]mes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com CATIA, DELMIA, ENOVIA, SIMULIA, SolidWorks, and 3D VIA are registered trademarks of Dassault Syst[c]mes or its subsidiaries in the US and/or other countries. |
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