SDRC Receives Three Awards from the State of Ohio
27 July 1999
SDRC Receives Three Awards from the State of Ohio; SDRC Enjoys Status as a Top Performer, Top Exporter and Distinguished Employer
CINCINNATI--July 26, 1999--SDRC , a leading global supplier of enterprise product development solutions and developer of I-DEAS(R) and Metaphase(R) Enterprise(TM) software, today announced the receipt of three awards from the State of Ohio. SDRC was recognized as one of the top 100 performing companies in Ohio and as one of the top exporters in Ohio. Additionally, the company was honored with the Ohio Cooperative Education Association (OCEA) Distinguished Employer Award.SDRC ranked in the upper third of the top 100 performing companies in Ohio for 1998, as well as within the top 100 for overall market value. Nordby International Inc., a Boulder, Colo., research firm, gathered information on 216, publicly-traded Ohio companies for the Plain Dealer Top 100. For consideration, companies must have reported 1998 sales of at least $10 million. In addition, companies must have been public since December 31, 1996, and have had a positive net income in 1998 and 1997. The Plain Dealer attributes the leading companies' successes to their willingness to take risks to capture profits.
SDRC is recognized as one of the top exporters in Ohio and is a recipient of the Governor's Excellence in Exporting Award ("E" Award). In its 14th year, the Governor's Excellence in Exporting Award annually recognizes Ohio companies that have increased sales volume through exports, increased Ohio-based employment as a direct result of export activity, or developed and implemented a strategy to expand international sales.
For the second consecutive year, the Ohio Cooperative Education Association (OCEA) has recognized SDRC with its Distinguished Employer Award. OCEA presents their annual awards in recognition of companies who offer outstanding cooperative education opportunities to students at member colleges and universities. Companies are nominated by OCEA members and are evaluated according to specified criteria, which includes: history (number of years program has been in place), quality of student assignments (opportunities for students to increase responsibility and advancement), and internal support for the co-op program (administration, diversity and availability).
"It is gratifying to see SDRC receive these awards," said Bill Weyand, chairman, president and CEO, SDRC. "Being recognized by various sectors within the State of Ohio for our achievements is validation that we're continuing our forward momentum with respect to our goal of becoming the leader in enterprise product development solutions worldwide. We are proud of our past and present achievements and look eagerly ahead to bringing our solution innovations to market."
About SDRC
SDRC (Structural Dynamics Research Corporation) is one of the world's leading providers of enterprise product development solutions with its suite of mechanical design automation software and product data management software. The Company's products, coupled with value-added services, help manufacturers optimize product development early in the design process, enabling them to reduce cost and cycle time while significantly improving quality and time to market. SDRC provides the award-winning I-DEAS(R) product suite of integrated CAD/CAM/CAE software, and the market-leading PDM software, Metaphase(R) Enterprise(TM), which is developed, marketed and supported by SDRC's Metaphase Technology Division. SDRC employs more than 2,500 people worldwide, with 75 offices in 17 countries throughout the Americas, Europe, and Asia/Pacific. www.sdrc.com
Note to Editors: SDRC, I-DEAS, and Metaphase are registered trademarks, and Metaphase Enterprise is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.