on display at new engineering and product development center to help V-ENS win new business
SEOUL, Korea and PARIS, France, April 5, 2004 - IBM and Dassault Systemes (Nasdaq: DASTY, Euronext Paris: #13065, DSY.PA) announced today that Vehicle Engineering and Solutions, Korea (V-ENS), a subsidiary of LG CNS, a leading Korean IT engineering services provider, is showcasing their Product Lifecycle Management (PLM) Solutions at its recently inaugurated Engineering & Product Development Center. The center is open to the public and shows how PLM technology improves the end-to-end automotive development process.
V-ENS chose the collaborative product development platform to acquire a competitive advantage by combining PLM Solutions from IBM and Dassault Systemes with its automotive engineering service capabilities. Through demonstrations of CATIA V5, SMARTEAM and DELMIA at the center, V-ENS clients and visitors see first hand how combining PLM and engineering services helps the company to deliver innovative, high-quality services to the automotive industry.
V-ENS is a leading engineering service provider in the automotive industry. Its new growth strategy focuses on automotive-related projects, both in Korea and abroad. Since PLM Solutions from IBM and Dassault Systemes are the standard for vehicle development worldwide, V-ENS¡¯ investment in PLM has helped the company win new contracts, including compact car development for Proton, Malaysia¡¯s national automaker. To capitalize on its growing success, V-ENS plans to extend its engineering services based on the new PLM platform to other industries.
¡°We can achieve our objective to become a leading global engineering service provider by combining our strong IT engineering service capabilities with world-leading PLM technologies from IBM and Dassault Systemes,¡± said WanSik Yoon, president, V-ENS. ¡°Our Engineering & Product Development Centre is a testimonial to the strategic partnership we have with the two companies, and demonstrates how automakers can become more competitive by improving collaboration between engineering and manufacturing.¡±
¡°V-ENS is using IBM PLM Solutions to develop new processes for streamlined product development,¡± said Raoul Van Engelshoven, vice president Product Lifecycle Management, IBM Asia Pacific. ¡°Many global automakers are achieving success using IBM PLM Solutions and we can contribute to V-ENS¡¯ growing leadership in the automotive engineering service business. We will also help V-ENS expand into other industrial domains by supporting their global engineering innovation center.¡±
¡°With CATIA V5, SMARTEAM and DELMIA, V-ENS can leverage its engineering services capabilities to their full extent by simulating, integrating and optimizing all aspects of automotive development to manufacturing,¡± said Christian Nardin, Managing Director, Dassault Systemes Asia. ¡°Not only does this enable V-ENS to cut costs and development time for its customers, but it also allows the company to improve designs and processes early on in the development cycle and share knowledge with its customers in a common 3D collaborative work space.¡±
About Dassault Systemes
As world leader in PLM (Product Lifecycle Management) solutions, the Dassault Systemes group brings value to more than 70,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to retirement. Its offering includes integrated PLM solutions for product development (CATIA ¢ç, ENOVIA ¢ç, DELMIA ¢â, SMARTEAM ¢ç), mainstream product design tools (SolidWorks), and 3D components (ACIS ¢ç) from Spatial Corp. Dassault Systemes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges.
For more information, visit www.3ds.com.
About IBM
IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM Sales & Distribution, which supports more than a dozen key industries worldwide, works with companies of all sizes around the world to deploy the full range of IBM technologies. The fastest way to get more information about IBM is through the IBM home page at www.ibm.com.
About V-ENS
Formed at the beginning of 2004, V-ENS sets out to achieve the objective of becoming a global leading engineering service provider. By combining automotive industry knowledge - from product planning to manufacturing - and LG CNS' advanced IT technology, V-ENS is able to provide our customers with improved processes and optimized time frame that ensures maximum efficiencies, quality and cost savings. We will continue to move aggressively to provide customers in various industries with exceptional services that meet their needs.
-------------
If news like this is important to you, sign up for our TenLinks Daily at www.tenlinks.com/NEWS/sub_unsub.htm.
