SDRC Receives $2.2M in Orders from Engel
28 September 1999
SDRC Receives $2.2M in Orders from Engel; Engel Engages With SDRC in a Partnership for Competitive Excellence
CINCINNATI--Sept. 28, 1999--SDRC , a leading global supplier of enterprise product development solutions and developer of I-DEAS(R) and Metaphase(R) Enterprise(TM) product data management (PDM) software, today announced that Engel has engaged in a Partnership for Competitive Excellence with SDRC. As part of this agreement, Engel is standardizing on SDRC's award-winning I-DEAS software for its entire engineering process requirements. Current orders total $2.2 million, with additional anticipated revenues of $2.0 million over the next two years."Our goal is to reduce development time while continuing to improve our reputation for high quality products," said Otto Urbanek, general manager, Engel. "By shortening our overall cycle time, more opportunity will be available for inventing new things -- to decisively lead innovative, technological advancements in our industry. One of our key principles states that `only the one who invests in quality gets a technology that pays off.' We selected SDRC and I-DEAS because SDRC provides a total solution for competitive excellence."
Engel, with headquarters in Schwertberg (Austria), and factories in Dietach (Austria), St.Valentin (Austria), York (Pennsylvania,USA), and Guelph (Canada) is one of the world's leading companies in the field of injection molding technology, and its injection molding machines hold the number one position in the market. For over five decades, Engel has been a leader in their respective industry, and is recognized as a major contributor in the development of injection molding technology.
After an extensive evaluation process, I-DEAS was selected as the core development tool replacing Engel's existing CAD tools. SDRC's integrated total solution for product development, I-DEAS' ease-of-use, and the Company's worldclass implementation services were key factors in the decision process.
"SDRC appreciates being selected by Engel as their partner of choice," stated Bill Weyand, chairman, president and CEO of SDRC. "Our ability to provide an enterprise product development solution is becoming more attractive to major manufacturers. Teaming with companies such as Engel fosters our own goals for innovation and quality - core competencies that SDRC has embraced throughout the evolution of our company. We look forward to a successful relationship with one of Europe's leading manufacturers."
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 engineering and consulting 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 77 offices in 18 countries throughout North America, Europe, and Asia/Pacific.
http://www.sdrc.com/
Note to Editors: SDRC, I-DEAS, and Metaphase are registered trademarks, and Metaphase Enterprise is a trademark Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.