NX, UGS' Digital Product Development Solution, Nissan's Common Design Platform to Be Extended to Its Affiliates.Nissan to Improve Efficiencies Throughout Its Enterprise with Implementation of a Common Digital Design and Product Data Management Platforms
PLANO, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S. & TOKYO -- UGS UGS
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The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Corp., a leading global provider of 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 ) software and services, today announced that NX[TM], its digital product development solution, which Nissan Motor Co., Ltd. (Nissan) selected as its common design platform, is set to be extended to Nissan affiliates. This decision, which is part of the multi-year strategic agreement announced in December 2005 and closed in 2006, will push the benefits gained through working with UGS to the next level. As part of the original agreement, Nissan selected UGS' NX as its core design platform.
NX will be used by Nissan affiliates to digitally design vehicles and parts on a global basis, and Teamcenter[TM], UGS' collaborative Product Development Collaborative Product Development (Collaborative Product Design) (CPD) is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product. Management (cPDM) software, will be used to digitally manage product data and collaborate with Nissan.
"UGS is an important partner and the innovation they provide continues to evolve as our relationship expands," said Keigo Fukushi, general manager, Process Information Management Department, R&D Engineering Management Division, Nissan. "Nissan expects to see enhanced system efficiency by implementing common digital design and product data management platforms. We hope to see huge improvement in digitalization digitalization /dig·i·tal·iza·tion/ (dij?i-tal-i-za´shun) the administration of digitalis or one of its glycosides in a dosage schedule designed to produce and then maintain optimal therapeutic concentrations of its cardiotonic of affiliates."
"Nissan is a leader in 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. and UGS is proud to provide the PLM technology foundation for its innovative, knowledge-enabled vehicle development process," said Tony Affuso, chairman, 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. and president of UGS. "UGS works with many of today's leading automotive OEMs and suppliers and can point specifically to PLM as a foundation in helping them achieve many of their strategic initiatives related to product innovation and responsiveness and we will bring this experience to bear for Nissan as we initiate the integration of affiliates."
UGS is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS' vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS' open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation. For more information on UGS products and services, visit www.ugs.com.
Note: UGS, NX, Teamcenter and Transforming the process of innovation are registered trademarks or trademarks of UGS Corp. or its subsidiaries 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. and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.
The statements in this news release that are not historical statements, including statements regarding the expected benefits of the customer relationship, the successfulness of the implementation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to loss or downsizing (1) Converting mainframe and mini-based systems to client/server LANs.
(2) To reduce equipment and associated costs by switching to a less-expensive system.
(jargon) downsizing of customers, competition, international operations and exchange rate fluctuations, changes in pricing models, partnering strategy, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q Form 10-Q
See 10-Q. for the period ended June 30, 2006 filed with the SEC. UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.