CoCreate Exerts Electronics Industry Strength
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Industry rankings highlight top electronics companies as CoCreate customers
FORT COLLINS, Colo. and SINDELFINGEN, Germany - July 24, 2007 - CoCreate Software, Inc., a leading provider of 3rd generation PLM software applications for high-tech electronics and machinery, today announced its extensive footprint across the world's largest electronics companies based on recently published electronics industry rankings.
The '2006 Electronic Business 300' recently published by Electronic Business magazine tallied the largest electronics companies in the world based upon electronics revenue. CoCreate customers account for 4 out of the top 10 electronics companies, including the largest company in the industry.
Clearly demonstrating CoCreate's leadership within the high-tech electronics and machinery industry, CoCreate's customer base includes 40 percent of the top 20 electronics companies and over 25 percent of the top 150 companies.
Companies rely upon the CoCreate OneSpace Suite for its proven ability to deliver superior results in a time pressured and changing industry like electronics. Particular solution strengths for 3D product development and lifecycle management processes include:
Repurpose designs. CoCreate's Dynamic Modeling based approach empowers companies to radically transform existing product designs to satisfy new market requirements with unprecedented speed. This can shave weeks to months off of project schedules, and free mechanical engineers from being on the critical path of new product development. Some customers have stated that repurposed models account for 50 percent of designs used in new products.
o Always open to change. Customers credit the CoCreate OneSpace Suite with enabling them to reliably incorporate significant product changes without an impact to manufacturing switchover schedules. This helps companies avoid the high costs of idle production lines and extra overhead of inventory carrying costs.
o Team Design. CoCreate's Dynamic Modeling based approach allows any engineer to pick up and carry a design forward. This eliminates resource dependencies and bottlenecks, and interjects opportunities for innovation through shared ownership and collaboration on ideas.
o Industry focused suite. The CoCreate OneSpace Suite offers all the capabilities needed for electronics companies to succeed in product development. These capabilities encompass stylized surfacing, cable routing, sheet metal design, plastic mold design, FE analysis, PCB data exchange, and parametric options.
"Electronic Business magazine's annual ranking of the top 300 companies is a who's who of the CoCreate customer base. It is exciting for us to be able to recognize the success that CoCreate customers are having within this industry," said William M. Gascoigne, CoCreate CEO. "We are proud of our ability to deliver speed, flexibility and responsiveness to change to our customers' product development processes through our 3D product development and PLM software."
A comprehensive list of customer success stories from leading companies within the electronics industry is available on CoCreate's website at:http://www.cocreate.com/customers.cfm
About CoCreate®
CoCreate Software is for leaders in high-tech electronics and machinery, and other innovative companies facing intense time to market pressure. Many of the world's best known product development companies depend on CoCreate in order to achieve unprecedented speed and flexibility.
CoCreate's 3rd generation approach to product lifecycle management (3G PLM) streamlines the process of planning, developing and manufacturing products. As the world's #1 provider of Dynamic Modeling based software, CoCreate is the ideal platform for lean product development.
You can find CoCreate's award winning software, resellers, and services in more than 30 countries and on the Web at www.cocreate.com
CONTACT:
Todd Black
CoCreate Software, Inc. North America
970.267.8120
todd_black@cocreate.com
Chikage Toyama
CoCreate Software Company, Japan/Asia-Pacific
+81.42.352.5652
chikage_toyama@cocreate.com
Thomas Roser
CoCreate Software GmbH, Europe
+49.7031.951.2208
thomas_roser@cocreate.com
