News | August 28, 2001

PlanetCAD Announces New Release of DesignQA for Unigraphics Solutions

Source: PlanetCAD
DETROIT, Aug 28, 2001 (BUSINESS WIRE) -- PlanetCAD (AMEX:PCD), a leading developer of Cycle Time Reduction software solutions for the manufacturing supply chain, today announced the release of DesignQA(R) version 4.1 for Unigraphics.

DesignQA 4.1 allows Unigraphics users to establish and maintain higher quality design practices -- saving time, reducing model rework and creating high-quality CAD models.

DesignQA is the industry's leading engineering quality assurance software. It detects, assesses, corrects and prevents product development errors caused by inaccurate, incomplete or inconsistent design modeling practices. We have received confirmation from current customers that DesignQA saved them more than 12 percent in engineering project costs, and DesignQA 4.1 for Unigraphics has already been used and approved during testing by one of our existing customers -- a major aerospace manufacturer.

Unigraphics Solutions (UGS) is a major industry vendor, employing over 2,200 employees worldwide. UGS supplies a customer base of over 9,200 companies with leading products such as Solid Edge(R) and Parasolid(R).

DesignQA 4.1 improves on the leading design quality software with the addition of 18 new design standards, including the popular Engineering Checklist. The checklist automates the process of tracking the list of items that a designer must complete for each phase of the design release process. The checklist is fully customizable and is stored in the model as a permanent record. The capability to add custom fields to the quality metrics data captured by DesignQA is also included. The additional capability provides greater flexibility to collect or subdivide quality metrics data to more easily pinpoint key issues and drive process improvements with DriveQA.

Features in DesignQA 4.1 include the following:
-- 18 new standards
-- Standards file versioning, password protection and quality
stamping in support of supply chain management
-- Improvements in usability to customize the sizing, sorting,
etc. of the configurator and results browser
-- Profile options that allow the administrator to limit the user
run panel options
-- Expanded data segregation capabilities when analyzing quality
metrics though custom field support

"DesignQA 4.1 represents a major step forward for Unigraphics customers wishing to exploit the benefits of high standards of design," said Jim Bracking, President and CEO, PlanetCAD. "DesignQA dramatically reduces project rework costs, which will enable Unigraphics customers to maintain competitiveness through use of this technology."

DesignQA is one of several software solutions offered with our PrescientQA(TM) family of design quality software products. Others in the family include DriveQA(TM), GeometryQA(TM), CertifyQA(TM) and AuditQA(TM).

About PlanetCAD Inc.

PlanetCAD, with offices in Boulder, Colo., Westborough, Mass. and the United Kingdom, is a leading provider of Cycle Time Reduction solutions for the manufacturing supply chain. PlanetCAD's award-winning products reduce cycles, costs and waste from design to manufacture by integrating engineering data with supply chain transactions. PlanetCAD's current products include the PrescientQA(TM) design-quality engineering software suite, which reduces costly design errors, accelerates time-to-market, and improves the product development process; and IntraVISION(R), which enables viewing, markup, measuring and conversion of more than 300 file formats. For more information on PlanetCAD or Cycle Time Reduction, visit www.planetcad.com, or call 888/319-0871.

Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. A description of risks and uncertainties attendant to PlanetCAD Inc. and its industry, and other factors which could affect PlanetCAD's financial results, are included in PlanetCAD's Securities and Exchange Commission filings, including, but not limited to, PlanetCAD's annual report on Form 10-KSB for the year ended December 31, 2000.

PlanetCAD, PrescientQA, DriveQA, GeometryQA, CertifyQA and AuditQA are trademarks of PlanetCAD Inc. DesignQA is a registered trademark of PlanetCAD Inc. IntraVISION is a registered trademark of Spatial Corp. All other products are trademarks of their respective owners.

CONTACT: PlanetCAD
Rachael Dalton-Taggart, 303/209-9252
rachael.taggart@planetcad.com
or
PlanetCAD Public Relations:
Metzger Associates
Matt Otepka, 303/786-7000
matt@metzger.com
or
PlanetCAD UK Public Relations:
Practical PR
David Allen, 44 (0) 207-328-1991
david.allen@practicalpr.com
or
PlanetCAD Investor Relations:
Six Sigma Group
Stephen Anderson, 415/776-6499
sanderson@six-sigma-group.com

URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.