Robert Bosch GmbH Expands Use of Moldflow Software; Global Automobile Supplier Selects Suite of Moldflow Solutions to Shrink Time to Market
27 December 2000
Robert Bosch GmbH Expands Use of Moldflow Software; Global Automobile Supplier Selects Suite of Moldflow Solutions to Shrink Time to Market
WAYLAND, Mass.--Dec. 27, 2000--Moldflow Corporation , the world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced that Robert Bosch GmbH placed an order for both Moldflow Plastics Insight(TM) and Moldflow Plastics Advisers(TM) software to be used as its preferred plastics simulation productivity solutions.Robert Bosch plans to implement the technology at its facility in Waiblingen, Germany. The company plans to use the technology to help bolster efficiency and reduce costs in the product development processes. This order is valued at more than US$100,000. The software shipped during the second quarter of Moldflow's fiscal year.
About Robert Bosch GmbH
All around the world, the Bosch name stands for competence and product diversity in the following sectors: automotive equipment, power tools and accessories, thermo-technology, household appliances, communication, automation, and packaging machines. The "Workshops for Precision Engineering and Electrical Engineering" that Robert Bosch founded in Stuttgart, Germany, in 1886 have grown in the course of more than one hundred years to become a global player. The Bosch Group has more than 180,000 employees in more than 130 countries.
About Moldflow
Moldflow is the world leader in plastic simulation software used by designers and manufacturers to produce optimal plastic parts. Companies in the automotive, aerospace, computer, consumer goods, and medical industries have incorporated Moldflow's easy to use, predictive applications throughout all phases of the injection molded plastic part design to manufacture processes to reduce product costs, accelerate time-to-market and optimize plastic part production. The company has employees worldwide and maintains its corporate headquarters in Wayland, MA. The company also has research and development facilities in Australia, Europe and the US and direct sales and marketing offices throughout the US, Europe and the Pacific Rim. For more information about Moldflow and its products and services visit our web sites, www.plasticszone.com and www.moldflow.com or call 508-358-5848; fax: 508-358-5868.
Note to editors: Moldflow and Moldflow Plastics Advisers are trademarks of Moldflow Corporation. Any other trademark or registered trademarks are the property of their respective owners.
Except for the historical information contained herein, matters discussed in this press release may constitute forward-looking statements, as defined under the Private Securities Litigation Reform of 1995, that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include Moldflow's ability to continue to anticipate and respond to customer requirements and to deliver products that meet those requirements and the risk that the announcement of any particular sales order is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period, together with such other risks and uncertainties as are detailed from time to time in reports filed with the Securities and Exchange Commission, including our Final Prospectus dated December 12, 2000 and our subsequent quarterly and annual filings.