Moldflow Corporation to Resell Customized Version of Elysiums CAD Doctor7 December 2004
Moldflow Corporation (NASDAQ:MFLO), the world leader in software and enabling hardware solutions for optimizing the design and manufacture of plastic products, today announced an agreement with Elysium Co., Ltd. under which Moldflow will resell a customized version of Elysium's CAD Doctor geometry translation, repair and simplification product. The Moldflow CAD Doctor has been designed specifically for the needs of the plastics injection molding industry and enables the interactive diagnostic analysis of 3D CAD data with tools for generating optimized models for predictive analysis applications such as the Moldflow Plastics Advisers(R) (MPA(R)) and Moldflow Plastics Insight(R) (MPI(R)).
Key features include:
-- Model Quality Checking - over 30 different types of model quality checks can be performed;
-- Automatic Stitching & Healing Tools - automatically stitch free edges in the model and identify and fix discontinuities, overlaps, intersections and other geometry errors;
-- Simplification Tools - numerous automatic and manual tools help optimize the geometry for use with MPA or MPI by suppressing or simplifying small fillets, radii, slivers, chamfers, lettering, tool symbols, embossing, and logos;
-- Create Points, Curves, and Surfaces - geometry creation tools give the user the flexibility of not having to revert to a CAD system to make simple geometry modifications such as adding ribs, bosses, and flow leaders and increasing thickness in specific regions.
"We recognize Elysium's expertise in developing CAD interoperability products and geometry simplification tools," commented Ken Welch, executive vice president and general manager of Moldflow's design analysis solutions business unit. "We believe our customers will benefit from the CAD Doctor product through faster analysis model preparation times, resulting in optimized geometry for Moldflow analyses and an overall increase in productivity."
The Moldflow CAD Doctor product is expected to be shipped and available to customers by the end of December.
Cautionary Statement Regarding Forward-Looking Information
Pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, the Company notes that any statements contained in this press release that are not historical facts are forward-looking statements. Such forward-looking statements include, but are not limited to, those regarding Moldflow's or management's intentions, hopes, beliefs, expectations, projections or plans for the future and statements regarding the planned new product introductions of Moldflow CAD Doctor. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Theses risks and uncertainties include the risk that Moldflow CAD Doctor will not be completed and released on schedule which could lead to lower revenues in this and other fiscal quarters as well as other risks and uncertainties detailed from time to time in reports filed by Moldflow with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended June 30, 2004 as well was its subsequent quarterly and annual filings.
Source: Business Wire
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