SDRC Secures Aberdeen CPC Top Ten Award; Collaborative Product Commerce Award Highlights Successful Software Provider-Customer Implementation Partnerships
CINCINNATI—-(BUSINESS WIRE)--July 25, 2001-—SDRC| -- | 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 that the Aberdeen Group, a leading IT market analysis firm, named SDRC and SDRC’s customer, Seagate Technology, to its Collaborative Product Commerce (CPC) Top Ten list. This award recognizes the successful implementation of SDRC solutions in Seagate's development and introduction of new products to the marketplace via Seagate’s Virtual Design Center.
SDRC’s product data management solutions enabled Seagate to facilitate a collaborative design environment. Seagate engineers, regardless of geographic location, can use this solution to access design data from the same source -- the common repository. The Virtual Design Center establishes Seagate’s foundation for a complete value-chain collaborative environment including suppliers, partners, and customers.
“Success in developing and implementing CPC software is essential for manufacturers, because it enables them to decrease product time to market while maintaining product quality,” said Jack Maynard, research director, Collaborative Business Solutions, Aberdeen Group. “Through its use of SDRC solutions, Seagate has decreased time to market, eliminated third-party costs associated with paper-based communication and decreased data storage costs all while managing hundreds of thousands of files in multiple sites.”
“We are pleased to share this award with Seagate, one of our marquis customers,” said Bill Weyand, chairman and CEO, SDRC. “In today’s business culture, it is critical for companies to manage product lifecycles in close collaboration with suppliers, business allies, and customers. Seagate has done an excellent job in establishing their collaborative strategy, and as evidenced by this recognition they are in a leading position in the CPC arena.”
About Aberdeen -– www.aberdeen.com
Aberdeen Group is a leading IT market analysis and positioning services firm that helps Information Technology vendors establish leadership in emerging markets. Founded in 1988, we are headquartered in Boston, Massachusetts, and have research and consulting divisions in Palo Alto, California; Fort Collins, Colorado; and Amsterdam, the Netherlands.
About Seagate -– www.seagate.com
Seagate is the world’s leading provider of storage technology for Internet, business and consumer applications. The Company’s products include disc drives for the Enterprise, PCs and Consumer Electronics, as well as Storage Area Network (SAN) solutions and Server Appliances. Seagate’s market leadership is based on delivering award-winning products, customer support and reliability to meet the world’s growing demand for information storage.
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 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.