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Innoveda Joins Dassault Systemes' V5 Software Community Program
MARLBORO, Mass. & PARIS--(BUSINESS WIRE)--July 10, 2001--
Innoveda, Inc. (Nasdaq:INOV), a leading provider of software and
services for the design of advanced electronic products, and Dassault
Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA), today
announced the signing of an agreement under which Innoveda, as a Gold
Partner, will provide a strategic component of DS' end-to-end V5 PLM
electromechanical solution. Innoveda will deliver V5 interfaced and
integrated solutions addressing the logical definition and preliminary
physical layout for electrical distribution system design through
Innoveda's leading TransLayout product. This key component will
complement DS' extensive V5 PLM electromechanical portfolio, which
focuses on the 3D definition of wire harnesses, their
manufacturability, and their Lifecycle Management. Innoveda and DS'
primary targeted markets are the Aerospace, Automotive and E/E
(Electrical/Electronics) industries. Together with its partners, DS is
building on its V5 technology, the most comprehensive
electromechanical solution available today.
Innoveda's initial new product resulting from the partnership,
``TransLayout CAA V5 Based,'' will provide within DS' PLM V5 solutions,
a seamless integrated topology-based design tool for the logical
definition of complex electrical cabling interconnect systems. It will
enable wire harness design teams to plan the electrical distribution
system within the context of the physical package and estimate
manufacturing costs very early in the product design lifecycle.
Systems and electrical engineers will be able to explore design
alternatives for wire harness and cabling systems and assess their
impact on manufacturing cost and physical space requirements.
DS has been delivering, for the past decade, leading-edge design
and manufacturing integrated cabling solutions, consistently with its
PLM strategy. DS is in the process of delivering a complete next
generation cabling solution, leveraging V5 innovations. Complemented
by Innoveda's ``Translayout CAA V5 Based'' product, DS'
Electromechanical solutions will cover the end-to-end processes from
logical to generative rule-based physical design, to generative
rule-based manufacturing, engineering and documentation, to after
sales and maintenance. The continued partnership -- DS and Innoveda
have worked together since 1997, when the two companies became CAA V4
partners -- will bring to Innoveda's ``Translayout CAA V5 Based'' all of
V5's innovations and a direct integration with DS' B2B Collaborative
ENOVIA Portal solutions. The complete solution will be delivered as
products throughout DS' PLM brands CATIA, ENOVIA and DELMIA to DS'
global customers and their extended supply chains.
``The partnership between DS and Innoveda will bring an
unparalleled solution to customers, that combines TransLayout's wire
synthesis and auto-routing capabilities integrated with the innovative
benefits of V5,'' said Enrique F. Ortega, Innoveda Vice President,
Electromechanical Division.
Explained Dominique Florack, Dassault Systemes Executive Vice
President, Research and Development, ``Innoveda's endorsement of our
next generation V5 architecture will result in dynamic new products
that add significant additional value in the fully integrated
electromechanical design environment to provide real savings and
innovation to our customers. In addition, our strategic alliance
further strengthens the role of CAA V5 as the next generation
architecture for PLM integration.''
The unique V5 architecture is based on innovative foundations,
such as the Product/Process/Resource (PPR) Hub, Knowledgeware,
multi-CAD, multi-platform (Windows, UNIX) and e-collaboration. V5
supports information and knowledge from product definition,
manufacturing process and resource definition as well as the
management of the entire product lifecycle. V5's open architecture
enables software partners to complement DS applications with key
expertise, providing customers with the largest portfolio of CAA
V5-based applications.
About Dassault Systemes Software Community Program
The Dassault Systemes Software Community Program (SCP) provides
Independent Software Vendors (ISV) with the next generation, open V5
architecture, and comprehensive support, to deliver best-in-class
integrated PLM/SCM/CRM/ERP applications. SCP Gold Partners are
development companies that share Dassault Systemes goals to support
and continuously improve customer business processes by delivering a
consistent product portfolio. Partners develop, market and sell
innovative products based on the Dassault Systemes V5 Component
Application Architecture, which enables seamlessly operation of their
products with CATIA, ENOVIA and DELMIA V5. In order to ensure timely
and compatible product releases, Dassault Systemes provides its
partners with a unique and privileged access to early development
code, and with advanced technical and marketing support. Dassault also
tests each product release to certify its high quality and compliance
with CAA V5 standards, to better serve the needs of customers.
About Innoveda
Innoveda, Inc. (Nasdaq:INOV) is a leading provider of innovative
software and services that help engineers visualize, design and build
advanced electronic systems for companies participating in the
telecommunications, transportation, computers and consumer electronics
markets. The company enjoys a rich heritage of technical innovation
from the merger of Viewlogic Systems, Inc. and Summit Design, Inc.
that formed Innoveda, and the subsequent merger of Innoveda and PADS
Software, Inc. These unions form the foundation of Innoveda's
comprehensive electronic product solutions for system-level design,
design capture, board design and electromechanical design.
Headquartered in Marlboro, Mass., Innoveda has offices worldwide.
Information about Innoveda is available at www.innoveda.com.
Forward-Looking Statements
This press release includes forward-looking statements that are
subject to a number of risks and uncertainties. All statements, other
than statements of historical facts, included in this press release
including, without limitation, statements regarding Innoveda's
financial projections for any period, strategy, future operations,
financial position, prospects, plans, goals and objectives of
management are forward-looking statements. When used in this press
release, the words ``will'', ``believe'', ``anticipate'', ``intend'',
``estimate'', ``expect'', ``project'', ``plan'' and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. We cannot
guarantee future results, levels of activity, performance or
achievements, and you should not place undue reliance on our
forward-looking statements. Our forward-looking statements do not
reflect the potential impact of any future transactions or strategic
alliances. Our actual results could differ materially from those
anticipated in these forward-looking statements as a result of various
factors, including the ability of Innoveda to successfully integrate
its business combinations, recent economic uncertainty, weakness in
the business of our customers, the cyclical nature of the electronics
industry, the failure of Innoveda's quarterly results to meet market
expectations, the impact of financial charges related to business
combinations, the intense competition Innoveda faces, Innoveda's
ability to develop new products, and the other risks described in
Innoveda's annual report on Form 10-K for the fiscal year ended
December 30, 2000 as filed with the Securities and Exchange Commission
on March 30, 2001, Innoveda's most recent quarterly report on Form
10-Q and the other public filings made by Innoveda with the SEC, which
factors are incorporated herein by reference.
About Dassault Systemes
Dassault Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA)
is the premier global software developer for the CAD/CAM/CAE/PLM
market, providing companies with e-business solutions to implement
their digital enterprise, thus creating and simulating the entire
product life cycle from initial concept to product in service. CATIA,
ENOVIA and DELMIA solutions support industry-specific business
processes to help unleash creativity and innovation, reduce
development cycle time, improve quality, competitiveness and
shareholder value: CATIA supports the digital product definition and
simulation, DELMIA provides solutions to define and simulate lean
digital manufacturing processes and ENOVIA delivers enterprise
solutions that manage a comprehensive, collaborative and distributed
model of the digital product, processes and resources. The combined
integration creates the Digital Product life cycle Pipeline,
supporting reuse of corporate knowledge. SolidWorks and SmarTeam, as
Dassault Systemes companies, offer respectively 3D design-centric and
TeamPDM software solutions based on Windows. Spatial, also part of
Dassault Systemes family, is a market-leading provider of world-class
3D software components and services (for 3D modeling, visualization,
and interoperability) to meet the requirements of 3D in Internet-based
e-commerce and B2B applications. Information about Dassault Systemes
is available at http://www.dsweb.com.
Contact:
Innoveda Press Contact:
Ed Canty
+1 508.303.5291
ecanty@innoveda.com
or
Dassault Systemes Press Contacts:
Anthony Marechal
Dassault Systemes
+ 33 1 55 49 84 21
anthony_marechal@ds-fr.com
or
Sheri Chow
Dassault Systemes of America
+ 1 818-673-2134
sheri_chow@ds-us.com
or
Dassault Systemes Investor Contacts:
Michele Katz / Cathy Hay
Press: Brian Maddox
Morgen-Walke Associates, Inc.
+1 212-850-5600
or
Jean-Benoit Roquette
Press : Nelly Dimey/Lorie Lichtlen
Morgen-Walke Europe S.A.
+ 33 1 47 03 68 10
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