SOURCE: CoCreate Software

July 14, 2006 08:00 ET

CoCreate Appoints Hansjoerg Plaggemars Chief Operating Officer

Appointment Follows Record of Proven Executive Leadership

FORT COLLINS, CO and SINDELFINGEN, GERMANY -- (MARKET WIRE) -- July 14, 2006 -- CoCreate Software, Inc., a leading provider of 3rd Generation PLM software applications, today announced the appointment of Hansjoerg Plaggemars to the position of Chief Operating Officer.

Plaggemars' appointment follows five years as Chief Financial Officer for the company where he provided executive oversight of CoCreate's legal, financial, and administrative infrastructure. With this announcement, Plaggemars' executive responsibilities have broadened to encompass worldwide management of all internal operations.

"Hansjoerg's knowledge of the broader financial community and contribution as Chief Financial Officer have been instrumental to CoCreate's growing prosperity. We are pleased to expand Hansjoerg's role and apply his financial insight and operational leadership to CoCreate's worldwide operations," said William M. Gascoigne, CoCreate CEO.

Plaggemars joined the company following his advisory role with CoCreate's management team and investment firms on the financial transactions involved in establishing CoCreate as an independent entity separate from HP in 2000.

Prior to joining CoCreate, Plaggemars served as assistant director for Corporate Finance, Mergers and Acquisitions at KPMG Corporate Finance, with a sector focus on information and communication technologies. He was responsible for a number of corporate acquisitions and leveraged finance projects, privatizations and corporate valuations, and advised companies such as Xerox, Ericsson, E-Plus and Thyssen Telekom in corporate financial matters.

Mr. Plaggemars holds a degree in Business Administration from the University of Bamberg, Germany.

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

CoCreate and OneSpace are trademarks of CoCreate Software GmbH.

Contact Information

    Todd Black
    CoCreate Software, Inc.
    North America
    Email Contact

    Chikage Toyama
    CoCreate Software Company
    Email Contact

    Thomas Roser
    CoCreate Software GmbH
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