Montreal-Based CENIT North America Becomes an Official Supplier for Ferrari's Formula One Cars

    MONTREAL, Jan. 31 CENIT North America, better known as
L&H Consultants, today announced the signing of a three-year sponsorship
agreement with Ferrari for the Formula One World Championship. With this
agreement, L&H Consultants/CENIT North America becomes an Official Supplier to
Ferrari and will more than double its workforce at Ferrari's head office in
Italy.
    L&H Consultants has been helping Ferrari's F1 design team since 1996. The
Montreal engineering office studies the racecar's aerodynamics and
participates in the design of various components such as braking, suspension
and steering systems. It also provides technical support for engineering
solutions such as Product Data Management (PDM) tools and specific engineering
design methodologies.
    "We have developed a close technical relationship with Ferrari over the
last 5 years. We are proud to become an Official Supplier for the World
Championship winning Formula One team," said Alex P. Habrich, President and
CEO of L&H Consultants/CENIT North America.
    L&H Consultants was founded in Montreal in 1982. It provides the
aerospace, automotive and consumer goods industries with the highest quality
hardware, software, training, technical support, engineering services, PDM
implementation and web-enabled process improvement solutions. In May 2000, L&H
Consultants joined the CENIT Group of Companies, headquartered in Stuttgart,
Germany, with a current staff of over 870 employees operating in North
America, Europe and Asia. As part of the CENIT Group of Companies, L&H
Consultants/CENIT North America is a global provider of CAD/CAM/CAE/PDM and
e-business solutions.
    As an Official Supplier, CENIT will be featured on the Ferrari F1 cars
along with such names as FedEx, GE and Tommy Hilfiger. Ferrari unveiled its
new singleseater Monday, January 29th at its Italian headquarters in
Maranello.