Dassault Systèmes and Geometric Sign Global Services Agreement
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Mumbai, India, December 16, 2010: Dassault Systèmes (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, and Geometric Limited (BSE: 532312, NSE: GEOMETRIC), a specialist in PLM, Global Engineering Services, and Offshore Product Development solutions and technologies, today reinforced their partnership by announcing a Global Services Agreement, making Geometric a preferred services provider to support Dassault Systèmes products and technologies.
Under the agreement, Geometric will partner with Dassault Systèmes to provide services on Dassault Systèmes platforms to joint customers across multiple geographies and industries, thus further strengthening the relationship between the two Companies.
"With Geometric's extensive experience in Dassault Systèmes products, combined with our industry leading V6 PLM solutions, we believe that this partnership will bring strong value to our customers, both in domain expertise and technology capabilities" said Tom Emmrich, Senior Vice-President, Dassault Systèmes Services.
Signing the agreement, Mr. Ravishankar, Managing Director and CEO Geometric commented "We are very pleased to join the elite group of Dassault Systèmes' 'preferred partners'. We have been working with Dassault Systèmes for providing services on Dassault Systèmes products, and this endorsement of our services will help us better serve Dassault Systèmes' customers".
Geometric has over two decades of experience working with Dassault Systèmes products and technologies. The company has developed niche service offerings for implementation, migration, upgrade, maintenance and interoperability around Dassault Systèmes' products including ENOVIA, CATIA, SOLIDWORKS, SIMULIA and DELMIA.
About Dassault Systèmes
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 115,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systèmes' shares are listed on Euronext Paris (#13065, DSY.PA) and Dassault Systèmes' ADRs may be traded on the US Over-The-Counter (OTC) market (DASTY). For more information, visit 3ds.com.
About Geometric
Geometric (www.geometricglobal.com) is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services and Digital Technology solutions for Product Lifecycle Management (PLM) enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.
Headquartered in Mumbai, India, Geometric was incorporated in 1994 and is listed on the Bombay and National Stock Exchanges. The company recorded consolidated revenues of Rupees 5.12 billion (US Dollars 108.1 million) for the year ended March 2010. It employs close to 3000 people across 11 global delivery locations in the US, France, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations.
For more information, please contact:
Dassault Systèmes
Namrata Gadhok
namrata.gadhok@3ds.com
+91 97172 95633
Geometric Limited
Kavita Karnani
Kavita.Karnani@geometricglobal.com
+91 20 40284496
