(C-MOLD/MATRA-DATAVISION) C-MOLD and Matra Datavision Sign Worldwide
and Marketing Agreement; Alliance Delivers Complete Plastics CAE Solution to
Euclid Quantum Customers
(Business Wire; 06/25/98)
LOUISVILLE, Ky.--(BUSINESS WIRE)--June 25, 1998--C-MOLD, a global supplier
of advanced and desktop plastics CAE applications, and Matra Datavision, a
worldwide provider of CAD/CAM/CAE solutions, today announced a
comprehensive agreement in which Matra Datavision will transfer the
customers of its current plastics simulation products to C-MOLD(R)
By complementing the solutions, Euclid Quantum users will benefit from C-
MOLD's best-in-class technologies to help users optimize plastic part and
mold designs and bolster manufacturing efficiency. According to the terms
of the agreement, the technology transfer will be effective immediately and
includes the provision of implementation, training, and related customer
The agreement will enable manufacturers using Euclid Quantum to reduce
time-to-market and build higher quality products as a result of
implementing a more robust CAE application. C-MOLD facilitates 10 major
molding processes including injection molding, gas assist molding, blow
molding, and microchip encapsulation. This advanced suite of solutions will
enable manufacturers to become more competitive in the fast growing global
plastics industry. As a team, the two leading software providers assure
smooth transition and on-going training and customer support services
throughout the technology transfer process.
Peter Medina, C-MOLD's chief operating officer, adds, "Collaborating with
Matra Datavision provides C-MOLD with a 15% greater worldwide marketshare.
The decision to integrate these two leading CAD/CAM/CAE products clearly
adds value to plastic manufacturer applications. The overwhelmingly
positive results of this partnership mutually benefit C-MOLD and Matra
Datavision, as well as existing and prospective Euclid Quantum customers."
The terms of the agreement include:
-- Matra Datavision will market C-MOLD products to new and existing Euclid
-- Matra Datavision will create a European competence center for training
and plastic transformation process validation in France in cooperation with
the Pole Europeen de Plasturgie. This center will be networked with many
global research institutes and with the C-MOLD training network.
According to Matra's chairman and chief executive officer, Hugues Rougier,
"This agreement aligns with Matra Datavision's long-term strategy to
develop significant business relationships with world-class software
providers to give our customers a greater range of CAD/CAM/CAE
capabilities. We believe that our partnership with C-MOLD represents a
strong commitment to implementing state-of- the art technology to the
Euclid Quantum community. It also reinforces our leading position in the
plastic product and process simulation chain for key markets such as
consumer appliances and automotive industries."
About Matra Datavision
Founded in 1980, and a member of the $11 billion Lagardere group, Matra
Datavision is a worldwide leader in computer-aided design, analysis,
manufacturing, and product data management solutions. More than 165,000
Matra Datavision software licensees are installed on 27,000 seats at 5,800
customer sites in 60 countries.
Main company products are marketed under the Euclid 3, Euclid Quantum, and
Cas.Cade names. They address mechanical engineering and application
development challenges in the aerospace, automotive, civil engineering,
consumer products, defense-related, electromagnetic, industrial design, and
mechanical industries. Matra Datavision is ISO 9001 certified.
Founded in 1986 as a technical spin off from Cornell University, C-MOLD has
become the global leader in advanced and desktop plastics CAE solutions.
The privately held company has significant operations in Asia, North
America, and Europe with more than 1,300 customers using in excess of
25,000 software modules.
Main company products are marketed under C-MOLD, 3D QuickFill(TM), and Dr.
C-MOLD(TM) names. They address the numerous challenges facing the thousands
of engineering and manufacturing companies involved with plastics
applications, such as aerospace, appliances, automotive, consumer
electronics and good, industrial equipment, medical equipment, product
packaging, recreational equipment, semiconductors, and toys.
Note to editors: C-MOLD is a registered trademark and Dr. C-MOLD and 3D
QuickFill are trademarks of Advanced CAE Technology, Inc. All other
trademarks and registered trademarks are the property of their respective
CONTACT: C-MOLD Marketing
James Spann, 502/423-4350
Alain Roumiguier, 33 169 8224 50
Public Relations contact:
Laura Carrabine, 412/441-1039
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