PlanetCAD Announces Release of Flagship PrescientQA Software Suite; PrescientQA 4.1 for CATIA V4 Will Be the First Release in the Series
BOULDER, Colo.--June 19, 2001--PlanetCAD Inc. (AMEX:PCD), a leading developer of engineering software solutions that integrate engineering processes and data with the manufacturing supply chain, today announced the release of version 4.1 of the Company's flagship PrescientQA(TM) software suite. Version 4.1, which incorporates the award-winning DesignQA(R) 4.1 application, is now available for CATIA(R) v 4.x. and has been tested and approved by major customers.The multi-platform PrescientQA solution suite is designed to significantly improve manufacturers' product time-to-market and decrease manufacturing costs by assuring and improving design standards and geometry quality early in the design process. PrescientQA is also effective when implemented throughout the manufacturing supply chain to ensure that distributed design data retains high levels of quality and value.
PrescientQA, which includes the proprietary components DesignQA, GeometryQA(TM), DriveQA(TM) and CertifyQA(TM), is used by more than 100 blue chip manufacturing companies worldwide in the automotive, aerospace and consumer product manufacturing industries. The product supports CATIA v 4.1 to 4.2.3.
Jim Day, a design engineer at Black and Decker and a beta tester for PrescientQA, had the following comments about DesignQA v. 4.1:
| -- | "Models were checked two to three times faster than in previous versions; |
| -- | The configuration tool has been dramatically improved. The Windows-style interface eliminates repetitive tasks that were time consuming; |
| -- | The help section has been improved to include actual CATIA models which convey a clear description of the model error and a corrective action." |
PrescientQA version 4.1 offers a comprehensive feature set that is unsurpassed by the quality control products of PlanetCAD's competitors. New features include:
-- Improved interface for clearer reports and visual
identification of geometric errors, including Windows-style
interface for the Unigraphics-supported version.
-- Advanced Supply Chain Management tools including version
control, password protection and file-level Quality Stamping
for design standards files.
-- More than 100 additional standards across the supported CAD
Systems, bringing the total out-of-the-box standards supported
to more than 300.
-- For the first time, PrescientQA also offers the Engineering
Checklist tool within the Unigraphics version, which automates
the process of tracking the list of items that a designer must
complete for each phase of the design release process, is
fully customizable and is stored in the model as a permanent
record.
-- The capability to add custom fields to the quality metrics
data captured by PrescientQA, which provides greater
flexibility to collect or subdivide quality metrics data to
more easily track six sigma initiatives, pinpoint key issues
and drive process improvements with DriveQA.
About PlanetCAD Inc.
PlanetCAD develops and delivers high quality enterprise solutions for streamlining engineering data interchange throughout the digital manufacturing supply chain. PlanetCAD's products include the PrescientQA(TM) design-quality engineering software suite, which reduces costly design errors, accelerates time-to-market, and improves the product development process; 3Dshare.com(TM) (www.3dshare.com), which provides online translation and repair of 3D CAD models to streamline the flow of engineering data between organizations regardless of installed CAD systems; and IntraVISION(R), which enables viewing, markup, measuring and conversion of more than 300 file formats.
PlanetCAD is headquartered in Boulder, Colorado and has offices in Westborough, Massachusetts and the United Kingdom. For more information, visit www.planetcad.com, or call (888) 319-0871.
Statements made in this news release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In some cases you can identify forward-looking statements by terminology including "anticipates," "could," "may," "believes," "should" or "expects" or other comparable terminology. Such statements are only projections. Actual results may differ materially from those projected in any forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. A description of risks and uncertainties attendant to PlanetCAD and its industry, and other factors which could affect PlanetCAD's financial results, are included in PlanetCAD's Securities and Exchange Commission filings, including, but not limited to, PlanetCAD's annual report on Form 10-KSB for the year ended December 31, 2000.
PlanetCAD, 3Dshare, PrescientQA and PlanetCAD Connect are trademarks of PlanetCAD Inc. DesignQA is a registered trademark of PlanetCAD Inc. IntraVISION is a registered trademark of Spatial Corp. All other products are trademarks of their respective owners.