IHS, Manufacturing Technology Inc. Forge TDMplus Partnership
25 January 1999
IHS Engineering, Manufacturing Technology Inc. Forge TDMplus Partnership to Predict Life Expectancies for Electronic Components
ENGLEWOOD, Colo.--Jan. 25, 1999--
New Database will Forecast Obsolescence Life Cycle Predictions
for Components, Provide Direct Links to Replacement Sources
In an effort to better predict life expectancies for components in the electronics industry, IHS Engineering has struck a partnership agreement with Manufacturing Technology Inc. (MTI) to provide a comprehensive database for electronic component life cycle management, TDMplus (Total DMS Management).
Originally focused exclusively on military components, the integration of the extensive IHS commercial product data into the TDMplus tool-set provides the richest database in the industry, applicable to all systems where product longevity is an issue.
Engineers and purchasing professionals associated with the defense industry, the chief users of TDMplus, will now be able to predict obsolescence of electronic components. Users will be able to easily find suppliers of replacement parts through a direct link with IHS's CAPSXpert database, which parametrically searches components across 1,100 manufacturers.
"This partnership will revolutionize the DMS (Diminishing Manufacturing Sources and Material Shortages) management process," said Robert Wing, CEO of IHS Engineering. "We are bringing immediate life cycle prediction and replacement data capabilities to our worldwide clients, while positioning the IHS/MTI team to become the dominant force in the DMS arena. In fact, we're already developing concepts for new products in this arena."
Users will now be able to identify the supplier that delivers the new parts at the most competitive price in time for replacement of an obsolete component. This valuable desktop tool will save engineers and buyers hours of research time, dramatically reduce product costs and decrease time to market.
The TDMplus agreement also grants IHS the rights to be the exclusive value-added reseller for all MTI products, and will be integral to future DMS solutions development. IHS is the worldwide leader for engineering, technical, and regulatory information while MTI is one of the world's top DMS tool developers and a major support contractor to the Department of Defense.
Dr. Paul Hsu, CEO of MTI, further elaborated on the impact of the agreement. "IHS has long been the leader in their field, organizing and cataloging data on virtually every component and element in manufactured systems. We have an established, full-fledged DMS business unit that can present the IHS data in DMS-focused tools, empowering the decision-maker with accurate, timely options," he said.
About Manufacturing Technology Inc. (MTI)
Manufacturing Technology Inc. is a Fort Walton Beach, Fla.-based corporation established in 1984 in response to a growing need for sophisticated aerospace and defense electronics systems. MTI has developed a diversified range of capabilities including Electronic Engineering, Computer Systems, and Technical Support, providing quality products and services to both government and industry. MTI has sales of over $40 million per year. For more information, please visit MTI's Web site at www.mtifwb.com.
About IHS Engineering
Englewood, Colo.-based IHS Engineering, an IHS Group Company, is the worldwide leader for engineering, technical, and regulatory information published in a variety of media, from CD-ROM to the Internet and Intranet. IHS Group is a leading international publisher of information databases, with annual sales of approximately $485 million. Its companies serve the vital information needs of customers across the world's technical, business and professional sectors. IHS Group employs over 3,000 people worldwide. For additional information on IHS Engineering and its services, visit our Web site at www.ihs.com.
Information Handling Services, IHS, and the IHS logo are registered trademarks of Information Handling Services Inc. Registered U.S. Patent & Trademark office. All other trade names, trademarks or registered trademarks are the property of their respective owners.