The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer
TROY, Mich.--Jan. 9, 2006--FISHER/UNITECH, a leading engineering technologies firm serving the Midwest, announced today that it has completed its acquisition of Concurrent Technologies, Inc. (CTI). The acquisition is expected to further extend FISHER/UNITECH's leadership as a SolidWorks(R) 3D mechanical design software reseller and PLM consulting organization. Over their twelve year history, CTI developed an extensive customer set and an excellent track of record of over 500 successful CAD/CAM implementations. FISHER/UNITECH will offer these customers a broader product portfolio including rules based design automation and product lifecycle management solutions. CTI will be known as Concurrent Technologies, a FISHER/UNITECH company.

"CTI has an excellent reputation for providing 3D design solutions and support to the manufacturing community," said Charles Hess, president of FISHER/UNITECH. "CTI's engineering expertise combined with our infrastructure and commitment to PLM solutions creates a dynamic new resource for prospects and customers in Missouri and Kansas. Expanding our geography enables us to be less reliant on regional economic conditions. I believe the synergies of both companies will open up new opportunities for increased market share."

Dan Heidelmeyer, formerly vice president of Concurrent Technologies, Inc., joins FISHER/UNITECH as branch manager of the St. Louis and Kansas City, MO, locations. "I am pleased to be part of the FISHER/UNITECH team and play an integral part in the company's growth in 2006," said Dan. "I look forward to working with our customers to provide outstanding technical support and service, comprehensive training and a more complete solution set."

About FISHER/UNITECH (www.funtech.com)

FISHER/UNITECH, established in 1993, provides Product Lifecycle Management solutions to discrete manufacturing companies. The company's focus is on process improvement for product development. Process improvement is obtained through the integration of advanced software solutions to replace legacy systems. The applications include CAID, CAD, CAM, CAE, PDM, KBE, Reverse Engineering and Rapid Prototyping. Professional services are offered for design automation and data management which provides customers with a full service, one-stop source for complex PLM systems. The company offers advanced web-based delivery of education programs with its interactive, instructor-led 3DU. Please visit the company's website at (http://www.funtech.com) or call 800-816-8314.