isiCAD: News

PLM news

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28 Sep 2004

Dassault Systemes and IBM Announce Version 5 Release 14 of their Product Lifecycle Management Portfolio
Paris, France - September 28, 2004 - Dassault Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA) and IBM today announced the release of Version 5 Release 14 (V5R14) of their product lifecycle management (PLM) portfolio, comprised of CATIA for collaborative product development, and ENOVIA and SMARTEAM for product data and life cycle management, collaboration, and decision support. Concurrently, Dassault Syst?mes announced V5R14 of DELMIA for digital development of factory and production processes.

16 Sep 2004

UGS Showcases Product Lifecycle Management (PLM) Excellence in Asia Pacific
UGS, a leading global provider of product lifecycle management (PLM) software and services, today presented an overview of its business development in Asia Pacific, the world's fastest growing region for the adoption of PLM. At the event, UGS highlighted its latest digital product development software, NX(TM) 3, and showcased several examples of how PLM is transforming the business process in Asia Pacific.

13 Sep 2004

PTC Receives IRS Notification of Income Tax Refund of Approximately $37 Million
PTC (Nasdaq: PMTC) today announced that it has received notification of a favorable resolution from the United States Department of the Treasury(TM)'s Internal Revenue Service regarding an examination of the company's income tax returns for the years 1998 through 2000, which will result in a tax refund to PTC of approximately $37 million, including interest which is subject to a final calculation by the IRS.

09 Sep 2004

UGS Introduces Product Lifecycle Management (PLM) Industry's First Common Programming Interface with NX 3, Enabling Unprecedented Access to Digital Product Development Functionality
PLANO, Texas - UGS, a leading global provider of product lifecycle management (PLM) software and services, today announced the next generation development toolkit for its NX(TM) digital product development software. Based on the PLM industry's first common application program interface (API), this toolkit provides a foundation that will enable users to automate virtually any NX interactive function using their choice of the world's most popular software programming languages.

30 Aug 2004

Open Design Alliance to Integrate SchemaSoft Technology
August 30, 2004 – Vancouver, B.C. - SchemaSoft today announced that its Structured Storage Library has been selected by the Open Design Alliance for use in its software libraries supporting the OpenDGN CAD data standard.

24 Aug 2004

Autodesk's Second Quarter 2004 Earnings
Net revenues were up 32% over a year ago, to US$280 million. The next quarter, however, is predicted to be flat: this is good news, because Q3 apparently is historically down. Subscription revenue is now 16%; the aim is to reach 25%.

The company has $572 million in the bank and no debt; it bought back 1.7 million shares. Perhaps not good news for employees is that the company is increasing the number of R&D (research and development) positions off-shore. For the year 2005, expect to see improvements to 3D across all divisions, as well as enhancements to PLM (product lifecycle management). The next version of AutoCAD (2006?) is scheduled to ship in March; perhaps it too will have enhancements to its 3D.

29 Jul 2004

Dassault Systèmes Reports Excellent EPS Growth on Revenues of €192.5 Million as Second Quarter Performance Exceeds Objectives
PARIS, FRANCE, July 29, 2004 – Dassault Systèmes (DS) (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA), a worldwide leading software developer of product lifecycle management (PLM) solutions, reported financial results for the second quarter and six months ended June 30, 2004. Second Quarter Financial Highlights: Total revenue €192.5 million, up 6% as reported and up 8% in constant currencies; Software revenue €158.9 million, up 5% as reported and up 6% in constant currencies; PDM revenue up 11% as reported and up 13% in constant currencies; Design-centric revenue up 19% as reported (up 26% in U.S. dollars); EPS €0.31 on U.S. GAAP basis; EPS excluding acquisition costs up 19% to €0.31 per diluted share

23 Jul 2004

UGS Reports 2nd Quarter Revenue of US$236.2 Million or 11 Percent Growth
PLANO, Texas – UGS, a leading global provider of product lifecycle management (PLM) software and services, today announced financial results for the second quarter ended June 30, 2004. Financial highlights from the second quarter include: Revenue of US$236.2 million, or 11 percent growth over the same period a year earlier. The fourth consecutive quarter of strong revenue growth over the same period a year earlier. EBITDA of US$52.4 million, or 22 percent growth over the same period a year earlier. Operating income of US$29.3 million, or 16 percent growth over the same period a year earlier, excluding the effects of purchase accounting relating to the UGS acquisition. The acquisition had the effect of increases in amortization costs by US$4.0 million and in depreciation by US$0.6 million, and an in-process research and development charge of US$43.7 million.

21 Jul 2004

PTC Reports Fiscal 2004 Third Quarter Results
NEEDHAM, Mass., July 21, 2004 – PTC (Nasdaq: PMTC), the product development company, today reported revenue totaling $168.4 million for the third quarter ended July 3, 2004, up 2% from $165.2 million for the same period last year. Revenue also grew 2% sequentially, from $164.7 million in the second quarter of fiscal 2004.

14 Jul 2004

Autodesk Expands Operations to Support Growing Customer Base in Russia and Surrounding Areas
SAN RAFAEL, Calif., and MOSCOW, July 14, 2004— Autodesk, Inc. (NASDAQ: ADSK), the world's leading design software and digital content company, executing on one of its key corporate initiatives for the fiscal year, continues to expand into new markets by opening an office in Moscow this summer. The office will bring Autodesk closer to its growing number of customers in the region, enabling current and future customers to create, manage, and share their design information to better build their businesses in a fast growing, increasingly competitive economy. The news was announced at a press conference in Moscow attended by leading industry and business media.

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