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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
19 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

NASCAR(R) NEXTEL Cup Series Chase for the Championship Begins: UGS PLM Software Technology Sponsored Race Teams Win Seven of 12

19/09/2007 2:00pm

PR Newswire (US)


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Hendrick Motorsports drivers Jimmie Johnson, Jeff Gordon and Kyle Busch Start the Chase in First, Second and Ninth Place, Respectively PLANO, Texas, Sept. 19 /PRNewswire/ -- UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced UGS PLM Software-sponsored racing teams Hendrick Motorsports, Joe Gibbs Racing and Roush Fenway Racing - whose cars are developed with the help of UGS PLM Software technology - won seven of the top 12 spots including the top four in the NASCAR(R) NEXTEL Cup Series Chase for the Championship. Hendrick Motorsports drivers Jimmie Johnson, Jeff Gordon and Kyle Busch made the Chase for the second consecutive year and will start in first, second and ninth place, respectively. Leading up to the Chase, Johnson, the 2006 NEXTEL Cup champion, had 15 top-5 finishes and six wins including the last two races; Gordon, a four-time NEXTEL Cup Champion, had 15 top-5 finishes and four wins; and Busch, who holds the record for the youngest race winner in NASCAR NEXTEL Cup Series, had six top-5 finishes including a win. Joe Gibbs Racing drivers Tony Stewart and Denny Hamlin will start the Chase in third and sixth place respectively. This will be Hamlin's second consecutive year to make the Chase. Stewart, the 2005 NEXTEL Cup Champion and winner of the 2002 Winston Cup title, has 10 top-5 finishes and three wins and Hamlin, the first rookie to win the Budweiser Shootout in its 28-year history, has 10 top-5 finishes including a win. Roush Fenway Racing drivers Carl Edwards and Matt Kenseth each secured a spot in the Chase for 2007. Edwards is in his second NASCAR NEXTEL championship chase and is tied with Kurt Busch for fourth. He has seven top- 5's and 11 top-tens and two wins. This is Kenseth's fourth consecutive year in the Chase and he is tied for sixth going into the first race of the 10-race Chase. Kenseth, the 2003 NEXTEL Cup champion, has eight top-5 finishes, 16 top-tens and one win at California Speedway. "UGS PLM Software congratulates Hendrick Motorsports, Joe Gibbs Racing and Roush Fenway Racing and their drivers for making the Chase for the Championship, and we wish the teams good luck," said Dave Shirk, executive vice president of Global Marketing for UGS PLM Software. "UGS PLM Software and sponsored racing teams share a common culture of teamwork and a relentless pursuit of excellence, pieces that are integral for success. UGS PLM Software is proud of our relationship with the racing teams and along with our customers are pleased to know that our solutions help the teams consistently deliver wins to continue to stay on top of the pack and go for the championship." A Tradition of Technology and Tracks UGS PLM Software has a long tradition providing UGS NXTM software, UGS' comprehensive digital product development solution, and UGS Teamcenter(TM) software, UGS' digital lifecycle management solution and the world's most widely used PLM portfolio, through racing sponsorships. Hendrick Motorsports, winner of the 2006 NASCAR NEXTEL Cup Championship; Joe Gibbs Racing, winner of the 2005 NASCAR NEXTEL Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR NEXTEL Cup Championship; and Andretti Green Racing, winner of the 2004, 2005 and 2007 Indy Racing League(R) (IRL) IndyCar(R) Series Championship; have been using UGS PLM Software for several years to help develop their cars and improve their performance on the race track. KB Racing, winner of the National Hot Rod Association (NHRA) Pro Stock Championship for four straight years, began using UGS PLM Software technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using UGS Tecnomatix(TM) software, UGS PLM Software's best-in-class digital manufacturing solution. About UGS PLM Software UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS 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 UGS PLM Software products and services, visit http://www.siemens.com/ugs. About Siemens Automation and Drives The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of euro 1.572 billion on sales of euro 12.848 billion and orders of euro 14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at http://www.siemens.com/automation. Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. UGS, UGS NX, UGS Teamcenter and UGS Tecnomatix are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL, Indy 500 and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries. NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, 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. DATASOURCE: UGS PLM Software CONTACT: Salim Rahimi of Siemens Automation and Drives, +1-972-987-3206, Web site: http://www.siemens.com/ugs http://www.automation.siemens.com/

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