Elysium Inc. Allies with Mahindra Engineering


Southfield, MI - September 18, 2006 - Elysium Inc., a leading global provider of multi-CAD enabling software, announced today its new strategic partnership with Mahindra Engineering, part of Mahindra & Mahindra Ltd, and one of the largest technical firms in India. In a recent partnership agreement, the two firms agreed to share technical expertise, software products, and business opportunities.

Elysium's precision CAD data translation tools enable an end-user to migrate from one CAD system to another, when needed. These migration events are due to an end-user switching CAD systems or engaging in an acquisition of a company that uses a different CAD system. End-users generally know of Elysium's capability through its excellent 3D data translation performance that is used worldwide by manufacturers of every size and type. The company also has extensive industry partnerships with other PLM companies, such as Autodesk, CoCreate, Dassault Systèmes, IBM, PTC, SolidWorks, and UGS.

"With our in-depth knowledge of CAD data translation issues, we have typically teamed with industry partners, while maintaining our expertise over the 3D data translation and migration tools," comments Elysium COO Ken Tashiro. "Now, however, end-users are requesting Elysium to provide complete end-to-end migration responsibility, which would extend to both on-site services, such as project management, translation support, and CAD to PDM check-in or release work to off-site projects, that require subject matter expertise, for example, CAD data re-mastering and CAD quality checking. This partnership agreement introduces Mahindra Engineering as a means to provide an end-to-end services model."

"We are very optimistic about the new agreement with Mahindra Engineering," Tashiro says. "This will offer substantial benefits for both companies, allowing expanded services to Elysium customers, as well as provide the Mahindra organization, and its clients, the best in translation technologies."

"Our partnership with Elysium allows our organization to gain best in class tools in the CAD data translation arena," comments Mahindra Vice President Viresh Doshi. "Today, Mahindra is the largest UGS user in India and continues to grow. We have teamed with Elysium to provide our customers a solution for migration and collaboration across multi-CAD environments."

About Mahindra Engineering
Mahindra & Mahindra Ltd (The Mahindra Group) is an Indian organization with businesses spanning various industries from automobiles, auto components, and tractor manufacturing to information technology, trading and financial services, and infrastructure development. Mahindra is one of the most forward thinking and respected corporations in India and is among the top conglomerates driving globalization in India while establishing a multinational presence through its 50-year heritage in design and manufacture of automobiles and tractors. Established in 1945, the Mahindra Group has grown into a 3 billion USD company.

The scope of services at Mahindra Engineering spans product design engineering for the automotive and aerospace industries. This starts with concept generation, design development, testing and validation, and includes manufacturing support. Mahindra Engineering's automotive heritage allows it to provide innovative engineering design solutions from product concept to delivery.

About Elysium Inc.
Founded in 1984, Elysium bridges the gap between CAD systems and enables PDM and product structure synchronization with its industry-leading technologies. Elysium's CADporter(TM), CADdoctor(TM), and CADportal(TM) software products enable the translation of all geometry from one CAD system to another with the industry's highest success rate. Other products include CADpdm(TM), a tool which enables CAD integration within a PDM environment. Platforms supported include ABAQUS/CAE, Autodesk (Inventor and Mechanical Desktop), Dassault Systèmes (CATIA, SmarTeam, SolidWorks, Spatial, ACIS), PTC Pro/Engineer and UGS (NX and NX I-deas, JT, Parasolid) as well as industry standards IGES and STEP. Elysium has successful partnerships with several major software companies including ABAQUS, Autodesk, CATIA, CoCreate, IBM Global Services, Moldflow, PTC, SmarTeam, SolidWorks, Spatial and UGS. Elysium is a member of the AIAG and an Official Supplier of Renault F1 Team. For additional information about Elysium's products and services, please visit www.elysiuminc.com.

Company Contact:
Leanne Olsgaard
Elysium Inc.
+1-248-799-9800
leanne.olsgaard@elysiuminc.com

Press and Photo Contact:
Rachael Dalton-Taggart
Strategic Reach PR
+1-303-487-7406
rachael@strategicreachpr.com

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