Nissan Reconfirms Strategic Role of ADAMS Functional Virtual Prototyping
21 April 2000
Nissan Motors Reconfirms Strategic Role of ADAMS(R) Functional Virtual Prototyping With $500,000 Software and Service Order to Mechanical DynamicsANN ARBOR, Mich., April 19 Nissan Motors of Japan has reconfirmed the strategic role of functional virtual prototyping in its product engineering process with a $500,000 order for ADAMS(R) mechanical system simulation software and services from Mechanical Dynamics, Inc. (Nasdaq: MDII). The order was placed during Mechanical Dynamics' first quarter, ended March 31, 2000. Nissan ordered annual licenses of ADAMS(R)/Car and ADAMS(R) Full Simulation Package, and consulting services with Mechanical Dynamics Japan K.K., the company's Tokyo-based subsidiary. Nissan is one of the largest ADAMS/Car users in the Asian region. "As an ADAMS user for more than 14 years, Nissan's continuing commitment to ADAMS underscores the competitive advantage functional virtual prototyping provides to automotive manufacturers," said Robert R. Ryan, president and chief operating officer of Mechanical Dynamics. "We look forward to an even closer relationship with Nissan, helping them reduce development costs, manage design risks, and get to market faster with world-class vehicles." Akira Takagi, manager, CAE systems, of Nissan Motors, said, "Functional virtual prototyping with ADAMS and our customized ADAMS/Car has established ADAMS as an integral part of Nissan's engineering process. Simulation allows us to assess vehicle designs on a system level early in the process, which leads to optimal designs faster and at lower cost." ADAMS(R)/Car, a specialized simulation environment for vehicle development, is a key component in Mechanical Dynamics' Functional Digital Car(TM) concept, which allows simulation of a complete vehicle including chassis, engine, driveline, and body. In addition to providing answers on how the overall system and its components move, the Functional Digital Car gives users an understanding of how that movement affects packaging, comfort, vibration, noise, and component durability. Mechanical Dynamics pioneered the field of mechanical system simulation with its market-leading ADAMS(R) software, and remains committed to extending the capabilities of this technology to benefit manufacturers in every industry worldwide. Engineering teams use ADAMS to build and test functional virtual prototypes of their complex mechanical system designs. Mechanical Dynamics also offers extensive implementation services, including consulting and training. In this way, the company partners with its customers to help reduce the time, costs, and risks of the product development process and meet the "Smarter to Market(TM)" challenge. Except for historical information contained herein, some matters discussed in this news release constitute forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those projected. These include possible delays in developing, completing, or shipping new or enhanced products, as well as other risks or uncertainties that are detailed from time to time in reports filed by Mechanical Dynamics, Inc. with the Securities and Exchange Commission, including Mechanical Dynamics, Inc.'s registration statement on Form S-1 and related prospectus dated May 14, 1996 and the "Risk Factors" described therein. Additional information about Mechanical Dynamics can be obtained by writing to the company at 2301 Commonwealth Boulevard, Ann Arbor, Michigan 48105. Phone: 734-994-3800. Fax: 734-994-6418. E-mail: info@adams.com . World Wide Web: http://www.adams.com . ADAMS and the Mechanical Dynamics logo are registered trademarks of Mechanical Dynamics, Inc. All other company, brand, or product names are or may be trademarks of their respective holders.