SDRC Revolutionizes Product Lifecycle Management with TeamCenter Availability
CINCINNATI--July 18, 2001--SDRCCollaboration Foundation, Product Collaboration and Project Collaboration Support Entire Product Life Cycle Across the Value Chain
| -- | Filed by Structural Dynamics Research Corporation pursuant to "Rule 14a-12" under the Securities Act of 1933 |
| -- | Subject Company: Structural Dynamics Research Corporation Commission File No.: 33-16541 |
SDRC today announced the immediate availability of its TeamCenter(TM) collaborative product management solutions: Collaboration Foundation, Product Collaboration and Project Collaboration. These solutions provide the infrastructure, knowledge management system and real-time workspace, respectively, to share, manage and use product information across the entire lifecycle enabling companies to achieve strategic business results with faster time-to-market, higher quality products, and lower costs.
"SDRC's TeamCenter addresses the critical elements of the entire product lifecycle in a potentially revolutionary manner," said Ed Miller, president, CIMdata, Inc. "TeamCenter not only captures the intellectual assets of today's virtual enterprise, but also brings these assets to the right user at the right time for true lifecycle decision support."
TeamCenter Collaboration Foundation controls and manages product information for the entire virtual enterprise, allowing globally dispersed teams to author, share, and access product information throughout the product lifecycle. Collaboration Foundation is the basis for targeted solutions for specific lifecycle requirements. Product Collaboration and Project Collaboration are the first two of these solutions.
TeamCenter Product Collaboration enables the enterprise, and its partners, supply chain and customers, to capture, share and manage dispersed product information. It reduces development cycles times and costs by managing product information and development processes.
TeamCenter Project Collaboration enables users to create, share, and manage project information. It reduces product development costs by synchronizing project teams' tasks and schedules throughout the value chain, enabling informed resource distribution.
"TeamCenter is the only web-native solution that unites the critical technologies essential for collaboratively managing all aspects of creating products -- requirements, designs, configurations, documents, and related business information," said Glenn Wienkoop, president and COO, SDRC. "Based on Sun Microsystem's Java 2 Enterprise Edition (J2EE), the recognized standard for today's Internet-based e-business framework, TeamCenter fully embraces the web for managing the product lifecycle and is the first CAD-neutral collaborative product management solution in the industry."
About SDRC -- www.sdrc.com
SDRC (Structural Dynamics Research Corporation) provides complete software solutions for product design and collaborative product management. With headquarters in Cincinnati, Ohio, SDRC employs more than 2,500 people worldwide, with 64 offices in 18 countries throughout North America, Europe, and Asia/Pacific. For more information, contact SDRC at 1-800-848-7372.
Note to Editors: SDRC is a registered trademark and TeamCenter is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.
Additional Information and Where to Find It: It is expected that SDRC will file a proxy statement with the SEC in connection with the Merger, and that SDRC will mail a Proxy Statement to its shareholders containing information about the Merger. Investors and security holders are urged to read the Proxy Statement carefully when it is available. The Proxy Statement will contain important information about SDRC, EDS, the Merger, the persons soliciting proxies relating to the Merger, their interests in the Merger and related matters. Investors and security holders will be able to obtain free copies of these documents through the website maintained by the SEC at http://www.sec.gov. Free copies of the Proxy Statement and these other documents may also be obtained from SDRC by directing a request through the Investors Relations portion of SDRC's website at http://www.SDRC.com or by mail to SDRC, 2000 Eastman Drive, Milford, Ohio 45150, attention: Investor Relations, telephone: (513) 576-2400.
In addition to the Proxy Statement, SDRC and EDS file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other information filed by SDRC or EDS at the SEC public reference rooms at 450 Fifth Street, N.W., Washington, D.C. 20549 or at any of the SEC's other public reference rooms in New York, New York and Chicago, Illinois. Please call the SEC at 1-800-SEC-0330 for further information on the public reference rooms. SDRC's and EDS' filings with the SEC are also available to the public from commercial document-retrieval services and at the Web site maintained by the SEC at http://www.sec.gov.
Participants in Solicitation: SDRC, its directors, executive officers and certain other members of management and employees may be soliciting proxies from SDRC shareholders in favor of the Merger. Information concerning the participants in the solicitation is set forth in a Current Report on Form 8-K filed by SDRC on May 24, 2001.
Cautionary Note Regarding Forward-Looking Statements under the Private Securities Litigation Reform Act of 1995: Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties which could cause the actual results to differ materially from those projected, including the timely availability and acceptance of new products, global economic uncertainties, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Company's most recent reports on Forms 10-K and 10-Q. In addition, the completion of the merger and related transactions with EDS is subject to the satisfaction or waiver of customary conditions that involve future developments.