W.A. Whitney Engages With SDRC in Partnership for Competitive Excellence
25 April 2000
W.A. Whitney Engages With SDRC in Partnership for Competitive Excellence
CINCINNATI--April 25, 2000--SDRC (Nasdaq:SDRC)W.A. Whitney Initiates Partnership With an Initial Order
for I-DEAS Software and Related Services
SDRC (Nasdaq:SDRC), a global supplier of e-business collaboration solutions for the product lifecycle, today announced that W.A. Whitney has engaged in a Partnership for Competitive Excellence with SDRC. As part of this agreement, W.A. Whitney is standardizing on SDRC's award-winning I-DEAS(R) software for its product development operations located in Rockford, IL. The initial contract for software and related services is valued at approximately $850K.
W.A. Whitney will use I-DEAS for the complete product design, analysis, and manufacturing of their metal punching and cutting equipment and tooling that support global manufacturers who use plate, sheet metal, and structural shapes. Additionally, SDRC products will be deployed in automating selected processes to further reduce the time it takes to ship products.
"After an extensive evaluation, SDRC was the company that best focused on finding ways to help us become the leader in plate technology," said Joe Mayer, president, W.A. Whitney. "We were looking for a way to bring more innovation into our product development environment, while at the same time protecting our investment in our existing legacy data. SDRC was able to successfully address both of these issues through excellent data migration capabilities and overall collaborative product development functionality."
"W.A. Whitney has a wonderful heritage of success dating to 1907," said Bill Weyand, chairman, president, and CEO, SDRC. "They have a commitment to world-class products and services, and plan to maintain their on-going success through increased innovation and time-to-market initiatives -- critical business drivers that SDRC also considers to be key in maintaining a competitive advantage. We're looking forward to a strong working relationship with W.A. Whitney, and we're extremely pleased that they have chosen to partner with SDRC for competitive excellence."
About W.A. Whitney
W.A. Whitney Co., headquartered in Rockford, Illinois, is a subsidiary of precision equipment manufacturer, Esterline Technologies (NYSE:ESL), Bellevue, Washington. Founded in 1907, W.A. Whitney's 300,000 square-foot manufacturing facility is located in Rockford, supported by a worldwide sales and service organization. W.A. Whitney manufactures thermal cutting, punching, and punch/plasma equipment systems and tooling for manufacturers who use plate, sheet metal and structural shapes. Primary customers are manufacturers of agricultural and construction equipment, steel service centers and job shops, although the company serves other industries as well. Quality, capability and performance have earned W.A. Whitney a dominant market share, a highly respected reputation and a global presence. The company is also very successful financially, realizing nearly 90 continuous years of profitability.
www.wawhitney.com
About SDRC
SDRC (Structural Dynamics Research Corporation) is a global provider of e-business collaboration solutions for the product lifecycle. The Company's products address the areas of Product Knowledge Management, Collaborative Product Commerce, and e-Design Automation. Coupled with process engineering and consulting services, the Company's solutions facilitate innovation through collaboration, enabling industry leaders to optimize product development early in the design process, increase productivity, and significantly improve time-to-market. 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 and I-DEAS are registered trademarks of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.