UGS and IBM to Provide Product Lifecycle Management to Small and Medium-Sized Businesses (SMBs) Worldwide.IBM-UGS arm 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) channel partners with Teamcenter Express cPDM 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. -- UGS UGS In currencies, this is the abbreviation for the Uganda Shilling. Notes: 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 a new agreement with IBM to support the collaborative product data management (cPDM) requirements of small- to medium-sized businesses (SMBs) on a global basis. "This agreement is another important step in our strategy of delivering innovative, industry-focused business and technology solutions designed specifically for the SMB market See SMB. ," said Steve Solazzo, general manager, Mid-Market, IBM. "The combination of IBM Business Partners and UGS leadership products creates a very compelling value proposition for SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. customers 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. open, highly scalable data management solutions." "UGS is committed to openness - both in technology and in partnerships," said John Graham John Graham, Johnny Graham or Jack Graham may be: In politics and history:
The two key pieces of the new agreement are: * IBM and UGS will jointly market to IBM business partners to sell and support Teamcenter[R] Express software and services to SMB customers in six countries: the U.S., Canada, France, Germany, Japan and China. * Teamcenter Express - the cPDM component of the UGS Velocity Series[TM] portfolio for the mid-market - can be coupled with a wide variety of computer-aided design computer-aided design (CAD) or computer-aided design and drafting (CADD), form of automation that helps designers prepare drawings, specifications, parts lists, and other design-related elements using special graphics- and calculations-intensive (CAD) applications including UGS' Solid Edge[R] and NX[R] as well as 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. [R], Pro/Engineer[R] Wildfire[R], AutoCAD[R], Inventor[TM] and SolidWorks[R]. Teamcenter Express packages SMB-preconfigured, best practice technology for the machinery, automotive, aerospace and defense industries. Teamcenter Express is the mid-market configuration of Teamcenter, UGS' flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. data management software portfolio. With more than two million licenses in use worldwide, Teamcenter is the world's most widely used PLM portfolio. Teamcenter is the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, for companies across a wide variety of industries looking to leverage world-class engineering product and process management by enabling the sharing of information and ideas among global partners, suppliers and customers in a highly secure, digital environment. "This is a strategic move for UGS as it continues to deliver on its commitment to serve the high growth SMB market," said Ed Miller, president of CIMdata. "Teamcenter Express underscores UGS' drive to expand their development of their Velocity suite of SMB-focused products and to leverage the open, multi-CAD focus of its Teamcenter platform. For IBM and its business partners, this offering expands its portfolio of solutions for small to medium size businesses." "We're excited about this new agreement with IBM that expands our working relationship," said Graham. "Along with an expanded Teamcenter Express, this partnership further demonstrates our commitment to expand our SMB multi-CAD coverage. IBM business partners now have choices in providing the best technology to meet their customer needs. Teamcenter Express provides an open cPDM product to manage multi-CAD data for IBM customers." Open platforms are critical to Global Innovation Networks. UGS and IBM have proven their commitment to open collaboration in recent announcements. IBM recently announced a new, open Product Development Integration Framework to better link product design and development to core business processes. The framework, combined with business partner PLM applications, allows clients to easily extend design and business collaboration throughout their value chain (see separate release). In addition, UGS reinforced its open business model with the publication of a comprehensive reference to the JT[TM] format, the PLM industry's most widely used 3D data format for product visualization Product Visualization involves visualization software technology for the viewing and manipulation of 3D models, technical drawing and other related documentation of manufactured components and large assemblies of products. It is a key part of Product Lifecycle Management. and collaboration. (see separate release) An expanded Teamcenter Express for IBM customers will be available in the first quarter of 2007. For more information, visit www.ugs.com/partners/ibm. About IBM For more information about IBM, visit www.ibm.com. About UGS UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 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, JT, NX, Solid Edge, Transforming the process of innovation, Teamcenter and Velocity Series are trademarks or registered 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. CATIA is a trademark or registered mark of Dassault Systemes Corporation or its subsidiaries in the United States and in other countries. Pro/Engineer and Wildfire are trademarks or registered marks of Parametric Technology Corporation |Parametric Technology Corporation]] Parametric Technology Corporation (PTC)(NASDAQ: PMTC) provides Product Lifecycle Management (PLM) engineering CAD/CAM software and content management and dynamic publishing solutions to more than 40,000 companies worldwide. or its subsidiaries in the United States and in other countries. AutoCAD and Inventor are trademarks or registered marks of Autodesk, Inc. or its subsidiaries in the United States and in other countries. SolidWorks is a trademark or registered mark of SolidWorks Corporation or its subsidiaries in the United States 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 expected benefits of the product or the channel relationship, adoption by customers, continued innovation 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 developments in the PLM industry, competition, failure to innovate, partnering strategy, major design errors or security flaws 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. |
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