Mechanical Dynamics Makes Gains in India Market With $300,000 in ADAMS(R) Software Sales to Rail and Auto Companies
16 November 2000
Mechanical Dynamics Makes Gains in India Market With $300,000 in ADAMS(R) Software Sales to Rail and Auto CompaniesANN ARBOR, Mich., Nov. 16 Mechanical Dynamics, Inc. , a worldwide provider of software and services for the functional virtual prototyping market, is making significant inroads to the Indian market with sales of its ADAMS(R) mechanical system simulation software to the country's government rail organization and to India's largest automaker. Research, Designs & Standards Organization (RDSO), the R&D arm of the national Ministry of Railways and technical advisor to its Railway Board, has purchased more than $200,000 in ADAMS(R)/Rail software and training services. ADAMS will be used in projects aimed at improving rail technology and enhancing safety. Maruti Udyog Ltd., India's largest automotive manufacturer, has purchased close to $100,000 in ADAMS(R)/Car software. A joint venture with Suzuki of Japan, Maruti holds a 60% share of the Indian auto market. In order to integrate locally produced components into existing vehicle designs, Maruti needs to verify that these components will not reduce vehicle systems performance. ADAMS/Car will allow Maruti to analyze the impact of these components through functional virtual prototyping prior to physical testing. "We're very pleased with the growing acceptance of our functional virtual prototyping solutions throughout India," said Raymond J. Gaynor, vice president of Asia/Pacific Operations for Mechanical Dynamics. "As Indian manufacturers seek the same time, cost, and risk-reduction benefits other companies around the world have gained through functional virtual prototyping, they are turning to ADAMS as the proven solution in this area of computer- aided engineering technology." Gaynor noted that the use of ADAMS/Rail by the RDSO could have widespread impact on the Indian rail industry. "As a government organization, RDSO sets the standards within India for rail development," he said. "The quality improvements and efficiencies they gain by using ADAMS in rail design and development may well lead to increased interest in ADAMS virtual prototyping from other rail companies in India over the long term." ADAMS/Rail is a specialized virtual prototyping environment that enables users to completely and accurately model new railcar designs, then realistically simulate and visualize the full-motion behavior of these designs. Current ADAMS/Rail customers include ADtranz, Alstom, Fiat Ferroviaria, Gunderson, and GE Transportation. In March 1999, China's Ministry of Rail selected ADAMS/Rail as its exclusive virtual prototyping software. ADAMS/Car, Mechanical Dynamics' specialized simulation environment for vehicle development, is considered the de facto standard in the automotive industry and is used by every major automaker around the world, as well as most of their suppliers. More than 12 vehicle manufacturers and suppliers in India currently use ADAMS. ADAMS/Car 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. "Maruti faces new and intense competition as other large automakers enter the Indian market," Gaynor said. "They know that their continued success depends on providing high-quality products to their customers faster and more efficiently. Using ADAMS will help them meet that 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 and 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 1999 Annual Report and Form 10-K and most recent Quarterly Report on Form 10-Q. 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. Along with getting to market faster and at lower cost, the company's functional virtual prototyping solutions provide additional significant benefits: closer integration between manufacturers and their suppliers; increased communication among design, analysis, and engineering teams; and the ability to manage the risks of the design process through more and better information earlier in the cycle. 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. 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.