Elysium and Samsung SDS Announce Strategic Partnership
Deal Opens Korean Market to Elysium Translation Products
Southfield, MI July 25, 2002 - Elysium Inc., a leading global provider of CAD translation software, today announced a strategic partnership with Samsung SDS Co. Ltd., a leader in packaged software provision for large manufacturing enterprises in the Korean market.
Samsung SDS is a leading software vendor and developer in Korea and we are excited to be working with them in this close strategic alliance, stated Ken Tashiro, COO, Elysium Inc. Now, Elysiums global reach encompasses the booming Korean market that is a key target for our software. We anticipate strong growth in this region.
Under the agreement, Samsung SDS will localize, support and distribute Elysiums CADporter and CADdoctor products, which provide the industrys highest success rate in CAD-to-CAD system translation and healing. Both companies spent more than a year performing thorough testing, benchmarking and negotiation to reach the agreement.
Samsung SDS is trusted by its large manufacturing customers to provide the best-of-breed solutions for their needs, stated Sung Soo Choi, PLM Product Manager, Samsung SDS. Elysiums translation products are the best we have found in the market and our customers want to access that level of technology to improve their operations. We are happy to complete this deal with Elysium.
Elysiums CADporter and CADdoctor products exhibit superior 3-D geometry translation, repair and healing with the industrys highest data conversion rate. They handle the differing topological representations of the supported CAD systems and can perform automatic healing to resolve inconsistencies that regularly occur during the conversion of surface and solid CAD models. These products allow true interoperability between ACIS®-based applications, Autodesk Inventor®, CATIA®, I-DEAS®, Pro/ENGINEER®, SolidWorks® and Unigraphics®. This rapid exchange facilitates improvement in designer productivity and reduces cost associated with incompatible translation tools by reading and writing true native file formats.
About Elysium Inc.
Founded in 1984, Elysium (www.elysiuminc.com) bridges the gap between CAD systems and collaborative engineering environments with its industry-leading CAD data translator technologies. Elysiums CADporter and CADdoctor software products enable the translation of all geometry from one CAD system to another with the industrys highest success rate.
Elysium has successful partnerships with several major software companies including Adobe Systems, Autodesk, CoCreate, Maya Metrix, HKS, Spatial Corporation and EDS PLM.
About Samsung SDS.
Samsung SDS, led by CEO Hong Ki Kim, delivers packaged software, professional services, and business solutions. The company is the leading systems integration, systems management and e-Business company in Korea, employing 6,700 people worldwide, and generating US$ 1.02 billion in its revenues.
Samsung SDS is ranked the fourth top global IT service provider in the Asia-Pacific market by Gartner Dataquest research and 38th by Software 500, in a survey of software company around the world.
For more information, please visit www.sds.samsung.com
CADporter and CADdoctor are trademarks of Elysium Co Ltd and Elysium Inc. All other products are trademarks or registered trademarks of their respective companies.
Contact:
Rachael Dalton-Taggart
Strategic Reach PR
720 317 9690
Rachael.taggart@strategicreachpr.com
Images are available upon request.
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