Software supports Catia V5 and UNIX platforms.

Press Release Summary:



OneSpace Solution Suite v11.61 helps automotive and aerospace companies work with partners, OEMs, and suppliers. It is supported on AIX 4.3.3 and Solaris 8 and 9 operating systems. CATIA v5 adapter allows files from CATIA to be read into OneSpace Collaboration meetings. Online meetings let users meet over Internet to share designs and ideas, allowing for review, inspection, and modification. Screen shots can be captured and marked up to communicate ideas without impacting model.



Original Press Release:


CoCreate Extends Solutions for Automotive and Aerospace Suppliers


OneSpace Release 11.61 Supports Catia V5 and New UNIX Platforms

FORT COLLINS, Colo. and SINDELFINGEN, Germany, - December 10, 2002 - CoCreate Software, Inc., a leading provider of collaborative product development software, today announced the release of its OneSpace Solution Suite 11.61, which includes key improvements for customers in the automotive and aerospace industries.

The latest iteration of the OneSpace suite has added:

CATIA v.5 adapter: Files from CATIA, a 3D CAD package popular among automotive and aerospace vendors, can now be read into OneSpace Collaboration meetings.

Expanded UNIX support: OneSpace products are now supported on the AIX 4.3.3 and Solaris 8 and 9 operating systems, with continuing support on HP-UX 11 and all major Windows platforms.

These new additions enhance OneSpace Collaboration's existing suite of tools, which also serve automotive and aerospace companies that work extensively with partners, OEMs, or suppliers. Existing features include:

Online meetings: Collaboration lets anyone involved in the design of a product meet over the Internet to share designs and ideas without requiring CAD expertise. This brings value to automotive and aerospace suppliers who are under significant pressure to cut costs up and down the supply chain.

Notes and Meeting Reports: Throughout the online meeting, users can capture notes and assign responsibility and action items. At the end of the meeting, participants can generate a report summarizing the meeting, providing clarity and accountability in meetings.

Interoperability: Design data from a variety of sources, including all CAD formats used in automotive and aerospace, can be brought into a meeting for review, inspection, and modification. "Lack of interoperability among CAD systems costs the automotive industry over $1 billion a year according to published research," said Ken Versprille, senior analyst, D.H. Brown Associates. "The industry has applied considerable effort to unify standards, but with no real success so far. CoCreate takes a unique approach with their solution, which avoids translation all together."

Markup: Screen shots can be captured and marked up to communicate ideas without impacting the model.

"Typically, automotive companies create their finished product after thousands of contacts between the OEM and their suppliers," said Versprille. "Dispersed design teams using different CAD systems can now communicate, resolve problems, establish accountability, and document decisions using OneSpace Collaboration."

Major automotive suppliers, such as TRW Automotive and Venture Industries, already use CoCreate Collaboration products to communicate with OEMs, vendors, and among themselves. Today's announcement makes OneSpace Collaboration more attractive for companies in these industries.

"OneSpace Collaboration offers value to the automotive and aerospace industries unlike any other tool," said William M. Gascoigne, CoCreate Software CEO. "Most companies are realizing that value, not in years, but in mere weeks after adopting our technology."

Venture Industries, one of General Motors top five suppliers, agreed. "CoCreate provides a collaboration solution that is robust, easy to deploy, and flexible," said Charles Hunter, president, Venture Global Engineering. "It lets us integrate design processes regardless of where they originate, and to identify and capture potential problems before they can have a large impact on turnaround times or costs."

About CoCreate

CoCreate produces CAD and collaboration software to help companies design products, share ideas, and manage data. Our OneSpace Designer CAD products include 2D drafting, 3D modeling and data management tools. Our OneSpace Collaboration products let people interactively share documents, 2D drawings and 3D designs online-whether those designs were created with CoCreate's CAD systems or those of other companies.

CoCreate products foster innovation and communication across the extended development team, empowering people with various interests, skills and talents to join together to explore ideas and to make more rapid and better decisions.

CoCreate can be found in more than 30 countries and on the World Wide Web at www.cocreate.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

CoCreate is a trademark of CoCreate Software GmbH & Co. KG.

Laurie Casey

CoCreate Software Inc.

3801 Automation Way, Suite 110

Fort Collins, CO 80525

970-267-8069

http://www.cocreate.com

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