SOURCE: CoCreate Software

June 13, 2006 08:00 ET

CoCreate Announces 233% Increase in Licenses Shipped

First-Half Fiscal Year Sales Fueled by Acceptance of CoCreate's 3G PLM Strategy

FORT COLLINS, CO and SINDELFINGEN, GERMANY -- (MARKET WIRE) -- June 13, 2006 --CoCreate Software, Inc., a leading provider of 3rd Generation PLM software applications, today announced a 233% increase in channel shipments in the first half of fiscal year 2006 over the same period last year. The European region was strongest with 358% more licenses shipped.

Successes like these in the channel have recently attracted several new partners to CoCreate, including Cadplatsen in Sweden, High Peak Systems in UK and 3ARTI and SDT in Turkey.

"We attribute this increased activity to two factors," said William M. Gascoigne, CoCreate CEO. "First, CoCreate offers a PLM system that works effectively without numbing costs and without major risks. Second, several recent initiatives drew in a number of new customers."

Highlights of the CoCreate PLM system include:

--  Software that complements, rather than overruns existing IT products.
--  Dynamic Modeling, a unique feature of CoCreate's 3D CAD system that
    lets developers freely model without history trees.
    
In addition, CoCreate's 3D CAD system helps customers create data-rich master models that provide a single source for all product development knowledge. With rich master models, developers stay in sync, design interactively, contribute to each others' designs as needed and make necessary changes. Then the model heads downstream so others, like supply chain partners, can use the same rich information for their work.

About CoCreate

CoCreate develops 3rd generation PLM software for companies that want to accelerate their business with lean product development, fast design creation, and efficient knowledge re-use. CoCreate is also the world's #1 provider of Dynamic Modeling technology, an approach to 3D product development that delivers unrivaled speed, flexibility and responsiveness to change throughout the design process, and is the key enabler for lean product development. You can find CoCreate products in more than 30 countries and on the Web at http://www.cocreate.com.

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

Contact Information

  • CONTACT:
    Todd Black
    CoCreate Software, Inc.
    North America
    970.267.8120
    Email Contact

    Thomas Roser
    CoCreate Software GmbH & Co. KG
    Europe
    +49.7031.951.2208
    Email Contact