Hyundai Signs $360,000 Initial Order with Mechanical Dynamics
13 October 2000
Hyundai Signs $360,000 Initial Order with Mechanical Dynamics To Use ADAMS(R)/Car for Functional Virtual PrototypingANN ARBOR, Mich., Oct. 12 Hyundai Motor Company has signed a multi-year agreement to deploy Mechanical Dynamics' ADAMS(R) mechanical system simulation software as the basis for Hyundai's implementation of functional virtual prototyping and virtual testing in vehicle development. Hyundai Motor Company is Korea's first and largest auto company and currently produces approximately 1.2 million vehicles per year. The company has a tradition of engineering excellence and innovation, and continues to drive major process automation through their enterprise. In conjunction with partner company MTS Systems Corp. , Mechanical Dynamics will work with Hyundai engineers at the Namyang, Korea, research and development center to develop a process for testing component durability through virtual prototyping and testing. The project will incorporate innovative technologies including Mechanical Dynamics' ADAMS(R)/Car and ADAMS(R)/Durability, and Empirical Dynamics(TM) Models and Virtual Test Lab from MTS. SeoMoon Technologies, Inc., the South Korea distributor of ADAMS, will also assist on the project. "As an ADAMS customer for many years, Hyundai knows the cost and efficiency benefits that virtual prototyping adds to the product development process," said Robert R. Ryan, president of Mechanical Dynamics. "Our partnership with MTS allows us to offer companies such as Hyundai even greater opportunities for process improvement by tying together the work of test lab and design engineering organizations in order to optimize product development and validation." The first phase of the agreement is worth approximately $360,000 to Mechanical Dynamics, with $60,000 of the total in software orders placed during the third quarter, which ended September 30, 2000. Future project phases are expected to result in follow-on software and services orders to Mechanical Dynamics. "Hyundai Motor Company has been using Mechanical Dynamics' ADAMS and MTS' test systems for many years," said K.H. Park, general manager, Advanced Research & Development Center. "The ability to perform durability prediction studies with virtual prototyping and testing through Mechanical Dynamics and MTS will lead to improvements in product quality and reduced costs by drastically reducing proving ground tests. We believe virtual prototyping and testing will give us a strong competitive advantage in the global automotive industry."