Mechanical Dynamics Announces Significant Software Orders in Q4 2000
9 January 2001
Mechanical Dynamics Announces Significant Software Orders in Q4 2000
ANN ARBOR, Mich., Jan. 9 Mechanical Dynamics, Inc.
, the leading provider of software and services for the
functional virtual prototyping market, today announced the receipt of several
significant software orders from major manufacturers during the fourth quarter
of 2000.
Selected ADAMS(R) orders received during the quarter included:
* Visteon Automotive Systems, one of the world's top automotive
suppliers, ordered $430,000 in ADAMS software.
* Toyota Motors, the largest user of ADAMS in Japan, ordered $310,000 in
software, bringing Toyota's total business to Mechanical Dynamics in 2000 to
more than $1 million.
* General Motors, also a million-dollar-plus customer of Mechanical
Dynamics in 2000, expanded their use of ADAMS through the Q4 purchase of
$135,000 in software by GM of Mexico.
* Another $350,000 in software orders was received from Japanese
companies Toyoda Automatic Loom Works, Sumitomo Heavy Industries, and Ricoh.
In addition, the company's growing momentum in the mid-range of the market
was highlighted by a $190,000 order for its Dynamic Designer software from
Kozo Keikaku Engineering, headquartered in Tokyo, Japan.
A full review of Mechanical Dynamics' fourth-quarter 2000 earnings and
significant sales wins will be provided when the company releases its
quarterly results on Tuesday, January 30, 2001.
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.
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.
Additional information about Mechanical Dynamics can be obtained by
writing to the company at 2300 Traverwood Drive, Ann Arbor, Michigan 48105.
Phone: 734-994-3800. Fax: 734-994-6418. E-mail: info@adams.com . Online:
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.