Tecnomatix Expands Machining Process Planning and Simulation Capabilities Through Strategic Alliance With EXAPT.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--May 17, 2004 Companies Partner to Provide Scalable NC Verification Solution 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 it has entered into an agreement with EXAPT, a leading German CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. provider, to offer a scalable, integrated NC (numeric control) verification solution for manufacturers of various levels of need, from low-end tool-path simulation up to high-end, total workspace simulation based on post-processed, machine-specific programming. As part of the agreement, Tecnomatix will gain access to additional sales channels and to the EXAPT customer base. EXAPT will be able to offer its customers significantly enhanced process chain capabilities. EXAPT will become a reseller and integrator of the eM-RealNC offering, part of the eMPower(TM) suite of MPM products and solutions. "The data integration between our CAM solutions and eM-RealNC minimizes the effort required by our customers to prepare and perform NC verification and NC optimization studies," said Dr. Richter, chief executive officer, EXAPT. "EXAPT products offer a wide range of innovative and cost-effective solutions for NC planning and production data organization, and its vendor-neutral approach fits perfectly with our open platform for MPM solutions," said Jaron Lotan, president and chief executive officer, Tecnomatix Technologies. "This strategic alliance will benefit both Tecnomatix and EXAPT customers, and help our companies more effectively reach new customers as well." About EXAPT EXAPT offers CAD/CAM software systems committed to provide the user with innovative, practice-oriented and cost-effective solutions for NC production processes. The company's continually expanding range of products and services support the development, introduction, installation and after-sales support of EXAPT-CAD/CAM systems, ensuring the necessary continuity in product development and marketing. EXAPT is a registered trademark of EXAPT Systemtechnik GmbH. For more information, visit www.exapt.de. About Tecnomatix Technologies and eMPower Tecnomatix Technologies Ltd. provides the world's leading Manufacturing Process Management (MPM) solutions for the automotive, electronics, aerospace and other manufacturing and processing industries. Tecnomatix eMPower solutions for MPM enable the design, simulation, and execution of production processes, and provide real-time control Real-time control is a popular term for a certain class of digital controllers. For effective digital control, it is critical that sample time be constant. Real-time control achieves nearly constant sample time. See also
in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Boeing, Comau, Ford, GM, Mazda, Philips, Schneider Electric Schneider Electric (Euronext: SCHN) is a French global company. It was founded in 1836 by two brothers, Joseph and Adolphe Schneider, who took over a troubled foundry at Le Creusot. and Volkswagen. For more information, 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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