Editorial Contact:
Jeff Grossman
Corporate Communications Manager
VISTAGY, Inc.
+1.781.250.6895
Email Contact
VISTAGY Continues to Gain Ground in Global Markets in 2009 by Supporting Entire Engineering Process with Software and Services
200+% increase in sales to emerging markets and 50+% growth in services highlight company’s progress in aerospace, automotive, wind energy, transportation interiors and marine industries
WALTHAM, Mass., (USA), January 27, 2010 — VISTAGY, Inc., a leading provider of industry-specific engineering software and services, today announced that 2009 sales of its software grew over 200 percent in emerging markets and global professional services surged more than 50 percent, a clear indication that the world’s premier manufacturers are recognizing the firm’s ability support its most complex and far-reaching projects. VISTAGY enjoyed significant growth in its target industries—aerospace, automotive, wind energy, transportation interiors and marine—as manufacturers and suppliers continued to seek out VISTAGY’s best-in-class, industry-specific tools that support the entire design-to-manufacturing process for highly engineered products.
Toward that end, in 2009 the company introduced VISTAGY AeroSuite™, a comprehensive solution that enables aircraft manufacturers to more effectively manage the evolving product development process and deliver optimized parts and assemblies in less time at lower cost. In addition to FiberSIM® software, the long-standing, industry-leading composites engineering solution, AeroSuite includes SyncroFIT®, a product line for designing and manufacturing airframe assemblies and large aerostructures, the Quality Planning Environment™, which enables engineers to ensure airframes are manufactured properly based on condition of supply definitions, and consulting services.
The year was highlighted by Bombardier Aerospace’s (Toronto Stock Exchange:BBD.B) decision to standardize on FiberSIM for all composites design-to-manufacturing processes, including the new CSeries aircraft and the all-composite Learjet 85 business jet. Bombardier is streamlining its global supply chain and integrating distributed processes by standardizing the entire composites development process for both programs on FiberSIM.
In 2009 VISTAGY also announced the sale of FiberSIM to Premium AEROTEC, a wholly owned subsidiary of EADS (Frankfurt: EAD.F) and a Tier One supplier to Airbus and Space Exploration Technologies Corporation (SpaceX), a premier developer of launch vehicles and spacecraft for government and commercial use.
“It’s always important to help customers find ways to enhance their efficiency, but that is especially true when the economy is in the doldrums,” said Steve Luby, president and CEO of VISTAGY. “Our products support the entire process for highly complex engineering projects by providing open and flexible, industry-specific tool sets that help customers leverage their existing engineering and product development tools while our professional services enable them to implement effective development processes. These kinds of products and services are resonating strongly in all our target markets around the world.”
About VISTAGY, Inc.
VISTAGY, Inc. is a leading global provider of engineering software and consulting services that optimize product development processes by enhancing the functionality of commercial 3D CAD systems. For almost 20 years, VISTAGY has been a pioneer in providing industry-specific solutions that capture complete virtual product definitions and facilitate automatic reuse and efficient exchange of engineering information across the enterprise and supply chain. VISTAGY solutions help customers deliver robust products on time and on budget by increasing productivity, improving communication throughout the product lifecycle and enabling better-informed decision-making early in the design process. The company's customers include over 200 of the world's leading manufacturers in the aerospace, automotive, transportation interiors and wind energy industries. VISTAGY is headquartered in Waltham, Massachusetts, USA and can be reached at +1.781.250.6800 or by visiting
www.vistagy.com.
“VISTAGY. Engineer success.”™
VISTAGY, the VISTAGY logo, Engineer Success, and Seat Design Environment are registered trademarks or trademarks of VISTAGY, Inc., in the United States and in other countries. All other companies and products referenced herein have trademarks or registered trademarks of their respective holders.
###