UGS PLM Software and Wayne Taylor Racing Announce Technology Sponsorship Partnership

PLANO, Texas--UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, and Wayne Taylor Racing today announced a technology sponsorship partnership formed earlier this year for Wayne Taylor Racing’s No. 10 SunTrust Pontiac Riley Daytona Prototype team to develop cars with the help of UGS PLM Software’s digital product development technology.

Wayne Taylor Racing, which competes in Grand-Am Rolex Sports Car Series, uses UGS PLM Software technology for the design and evolution of its race cars. Wayne Taylor Racing utilizes UGS PLM Software’s digital product development solutions, to reduce part development time and virtually evaluate various configurations to enhance overall performance of the race cars.

Wayne Taylor, the three-time sports car champion, and SunTrust Racing have a tradition of winning. Wayne Taylor Racing drivers Max Angelelli and Jan Magnussen scored their second victory of the season at the Grand-Am Rolex Sports Car Series Montreal 400K. This was the 11th victory in the history of SunTrust Racing since joining the Rolex Series in 2004, the third for the driving duo of Angelelli and Magnussen dating back to May of 2006, and the second for the Wayne Taylor Racing organization, which was formed just this past off-season to carry on the SunTrust Racing banner. Angelelli and Magnussen last co-drove to victory April 29 at Virginia International Raceway in Alton, Va. With two races left the No. 10 SunTrust Pontiac Riley team of Wayne Taylor Racing is at the top of the series team and driver championships.

“Speed and performance are synonymous with racing and UGS PLM Software’s PLM technology gives Wayne Taylor Racing an edge in development to make us more competitive on the track,” said Travis Jacobson, technical director, Wayne Taylor Racing. “UGS PLM Software’s digital development platform allows us to experiment with multiple configurations for optimal performance on the track each week. UGS PLM Software’s state-of-the-art technology is the best in the industry and we are delighted with our new partnership.”

“UGS PLM Software is thrilled to partner with Wayne Taylor Racing, a team that is committed to success and has a winning legacy,” said Dave Shirk, executive vice president of Global Marketing for UGS PLM Software. “UGS PLM Software has a record of helping our customers succeed; this includes our racing teams which are all at the top of their respective racing circuits.”

“Racing sponsorships allows UGS PLM Software to showcase its industry leading PLM technology in action. More than ever before, technology is an enabler -- a way to gain fractions of seconds that mean the difference between winning and losing,” added Shirk.

Wayne Taylor Racing currently uses UGS NX™ software, UGS PLM Software’s digital product development solution, for computer-aided design and engineering (CAD/CAE) and plans to implement the UGS Teamcenter™ portfolio, UGS PLM Software’s digital lifecycle management solution and the world’s most widely used PLM portfolio, in the coming months.

A Tradition of Technology and Tracks

UGS PLM Software has a long tradition of providing UGS NX and UGS Teamcenter through racing sponsorships. Hendrick Motorsports, winner of the 2006 NASCAR NEXTEL Cup Championship; Joe Gibbs Racing, winner of the 2005 NASCAR NEXTEL Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR NEXTEL Cup Championship; and Andretti Green Racing, winner of the 2004 and 2005 Indy Racing League® (IRL) IndyCar® Series Championship; have been using UGS PLM Software for several years to help develop their cars and improve their performance on the race track. KB Racing, winner of the National Hot Rod Association (NHRA) Pro Stock Championship for four straight years, began using UGS PLM Software technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using UGS Tecnomatix™ software, UGS PLM Software’s best-in-class digital manufacturing solution.

About UGS PLM Software

UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS PLM Software’s open enterprise solutions enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services. For more information on UGS PLM Software products and services, visit www.siemens.com/ugs.

About Siemens Automation and Drives

The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS, UGS NX, UGS Teamcenter and UGS Tecnomatix are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL, Indy 500 and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries. NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.