ICAD AND PARAMETRIC TECHNOLOGY

announce strategic relationship 
Business Editors 
ICAD integrates its knowledge-based engineering system with PTC's  
Pro/ENGINEER Mechanical Design Automation Software 
CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 27, 1994--ICAD Inc., the 
world's leading provider of Knowledge-Based Engineering (KBE) software 
and services, today announced that it has entered into a strategic 
relationship with Parametric Technology Corp. (PTC) of Waltham, Mass.   
As part of this relationship, ICAD has joined PTC's Cooperative 
Software Program (CSP), which enables companies with complementary 
product offerings to integrate their tools into the Pro/ENGINEER 
environment. 
As a new CSP member, ICAD has integrated its Knowledge-Based 
Engineering software, The ICAD System, with Pro/ENGINEER.  The 
resultant product - ICAD Integration to Pro/ENGINEER - combines the 
feature-based, fully associative mechanical design automation 
capabilities of Pro/ENGINEER with The ICAD System, which contains 
knowledge and expertise contributed by a company's most experienced 
engineers. 
Through the Pro/ENGINEER interface, users can access this expertise 
to automatically select, size, configure, and position Pro/ENGINEER 
geometry.  By introducing knowledge from various corporate disciplines 
up-front in the product development process - and freeing engineers from 
time-consuming, error-prone tasks - ICAD Integration to Pro/ENGINEER 
helps companies focus on reducing time to market and improving quality. 
"The integration of PTC's feature-based software and ICAD's 
knowledge-based software provides companies the power to access their 
best product development practices while further leveraging their 
investment in Pro/ENGINEER," said Larry Rosenfeld, chairman and CEO of 
ICAD.  "We are enthusiastic about partnering with PTC to make the 
benefits of engineering automation available to our joint customers." 
"We are pleased that ICAD has joined the Cooperative Software 
Program and integrated its knowledge-based system with Pro/ENGINEER," 
said Louis J. Volpe, Parametric Technology's senior vice president of 
marketing and operations.  "PTC customers using The ICAD System 
recognize the value of leveraging past successes, and will benefit from 
ICAD's new product through easier access to their expert knowledge." 
Parametric Technology Corp.  has emerged as the leader in the 
mechanical design automation industry.  Its new generation of 
CAD/CAM/CAE technology is revolutionizing the mechanical design 
automation process with a strategy that emphasizes technological 
leadership, aggressive price/performance, hardware independence, 
worldwide distribution, and extensive customer support.   
ICAD is the world's leading provider of Knowledge-Based Engineering 
(KBE) software and services.  Its customers rank among the most 
innovative manufacturing companies in the aerospace, automotive, 
industrial equipment, and consumer products industries.  ICAD's products 
provide knowledge-driven automation models which produce 
order-of-magnitude improvements in engineering lead-time, greatly 
reducing time to market and product costs while maximizing product 
quality. 
The ICAD System is a trademark of ICAD Inc. 
Pro/ENGINEER is a registered trademark of Parametric Technology 
Corp.
 
 
Press spacebar to pause and continue. Press esc to stop.