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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
18 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

Boeing and Siemens PLM Software Sign New Agreement to Extend Deployment of Teamcenter

30/07/2008 2:00pm

PR Newswire (US)


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CHICAGO and PLANO, Texas, July 30 /PRNewswire/ -- Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced that Boeing, the world's leading aerospace company, has signed a new software license agreement for Teamcenter(R), Siemens PLM Software's digital lifecycle management solution. (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) Siemens PLM Software technology currently enables Boeing to access current and accurate digital information wherever and whenever required. Boeing uses Teamcenter on several key programs to enhance collaboration and improve workflow management. Teamcenter to replace legacy systems As part of this agreement, Boeing will work with Siemens PLM Software to retire and replace selected legacy systems with Teamcenter. Teamcenter is being used for bill of material management, configuration management, change management and document management. "We are partnering with Siemens to enhance Boeing's product data management (PDM) capabilities. Siemens products and services will continue to support, and help us improve, the products and services we offer," said Nancy Bailey, Boeing vice president of IT Product Systems. "We are proud that an industry leader such as Boeing is expanding the use of Teamcenter as a PDM platform," said Tony Affuso, chairman and CEO, Siemens PLM Software. "Boeing's expanded use of Teamcenter to replace select legacy systems strengthens Teamcenter's position." Teamcenter powers innovation and productivity by seamlessly connecting people and processes with knowledge across the entire lifecycle. Teamcenter's comprehensive portfolio of proven digital lifecycle management solutions is built on an open PLM foundation. Teamcenter is the PLM industry's most widely used solution and consists of an integrated suite of applications that provide a wide variety of productivity enhancing technologies such as 3D visualization, collaboration, supplier management and collaborative product data management (cPDM) -- one of the fastest growing segments in the PLM industry. Siemens PLM Software Leadership in Aerospace & Defense Siemens PLM Software is used extensively by the top 15 Aerospace & Defense original equipment manufacturers (OEM) and has accrued more experience in Aerospace & Defense in mission-critical operations than any other comparable PLM product. With more than one million man-years of experience in delivering mission-critical operations on an unparalleled scale, Siemens PLM Software is now the de facto provider of PLM and facilitator of enterprise transformation for the Aerospace & Defense industry. For more information please visit http://www.siemens.com/plm/aerospacedefense. About Boeing Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. The company also provides numerous military and commercial airline support services. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales. About Siemens PLM Software Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 5.5 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit http://www.siemens.com/plm. About the Siemens Industry Automation Division The Siemens Industry Automation Division (Nuremberg), a division of the Siemens Industry Sector, is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers -- from product design and development to production, sales and a wide range of maintenance services. Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX, JT and Teamcenter are trademarks or registered trademark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders. http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGODATASOURCE: Siemens PLM Software CONTACT: Salim Rahimi, +1-972-987-3206, Web Site: http://www.siemens.com/plm http://www.siemens.com/plm/aerospacedefense

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