SDRC Announces $3 Million I-DEAS Order From The Boeing Company.CINCINNATI--(BUSINESS WIRE)--April 21, 1998--Structural Dynamics Research Corporation Dynamics Research Corporation (NASDAQ: DRCO) is a United States-based publicly held defense contractor. DRC was founded in 1955 by a small group of engineers from the Charles Stark Draper Laboratory of the Massachusetts Institute of Technology. (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 :SDRC (company) SDRC - The company behind VGX. http://sdrc.com/. ) today announced that it has received an order for I-DEAS(TM) software and services valued at $3 million from the Satellite Systems division of The Boeing Company. The Satellite Systems division chose I-DEAS to be its core tool suite for satellite development. I-DEAS is now the standard for all current and future satellite development activities within the Boeing Satellite Systems division. "We are very pleased that Boeing's Satellite Systems division has standardized on I-DEAS," said Bill Weyand, SDRC's Chairman, President and 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. . "The growth of SDRC within Boeing clearly demonstrates how well suited SDRC's software solutions are for organizations who want to migrate from their current systems to new and faster technology." SDRC will have full-time on-site support at Boeing over the next three years to ensure a smooth migration to I-DEAS. SDRC will also conduct 10 weeks of on-site training per year for the next three years. In late March SDRC announced that its Metaphase metaphase /meta·phase/ (met´ah-faz) the second stage of cell division (mitosis or meiosis), in which the chromosomes, each consisting of two chromatids, are arranged in the equatorial plane of the spindle prior to separation. (R) Enterprise(TM) product data management (PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and ) software was installed in most of the Boeing Commercial Airplane Group (BCAG BCAG Boeing Commercial Airplane Group BCAG Butte County Association of Governments BCAG Brenneisen Capital AG (Germany) BCAG Bulk Cargoes Advisory Group (Australia) )'s parts plants. That implementation is the largest PDM software installation in the world, with over 11,000 users currently in production. The Boeing Company is the world's largest aerospace company. It manufactures commercial jetliners and military aircraft and helicopters, as well as space-based satellites, space and information systems. SDRC is a leading international supplier of Mechanical Design Automation and Testing software, Product Data Management software, and related services. The Company's products and services help manufacturers optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and costs. SDRC employs more than 2,200 people and has 64 offices in 16 countries throughout 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, and the Asia/Pacific region. http://www.sdrc.com/ Note to Editors: SDRC and Metaphase are registered trademarks, and I-DEAS and Metaphase Enterprise are trademarks of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders. CONTACT: Structural Dynamics Research Corp., Cincinnati James D. Jackson, 513/576-2932 james.jackson@sdrc.com or Rourke MS&L Jennifer Cataldo, 617/267-1909 jcataldo@rourkemsl.com |
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