University of Maryland Receives Largest Ever Software Grant from Siemens

  University of Maryland Receives Largest Ever Software Grant from Siemens

  UMD students and researchers to gain access to industry technology used to
                design and manufacture sophisticated products

Business Wire

COLLEGE PARK, Md. -- September 17, 2013

The University of Maryland (UMD) and Siemens Corporation announced today the
largest ever in-kind software grant from Siemens PLM Software. The in-kind
grant has a commercial value of more than $750 million. Siemens’ product
lifecycle management (PLM) software will provide UMD students and researchers
with a uniquely valuable and sophisticated design and simulation tool for
course work, research, academic projects and team-based competitions.

This in-kind grant from Siemens gives students and faculty access to the same
technology that companies around the world depend on every day to develop and
manufacture innovative products in a wide variety of industries, including
automotive, aerospace, biotechnology, machinery, shipbuilding, and high-tech
electronics, among others.

“We are very grateful to receive this valuable software from Siemens that will
help our students develop innovative design capabilities and prepare them for
advanced technology careers,” said UMD President Wallace Loh.

UMD students and faculty will use the software in courses and research related
to robotics design, bioengineering, space systems, product engineering,
manufacturing, and systems life cycle analysis. Student groups will use the
software in their efforts to compete in national and international
competitions, including the Terps Racing Formula SAE and Baja teams, and teams
participating in NASA’s X-Hab and Lunar Wheel Design competitions.

“As product complexity continues to grow, students with PLM software
experience are expected to be highly recruited. Global manufacturers need
highly trained graduates to help them make smarter decisions that result in
better products. This software grant enables UMD to integrate world-class PLM
technology into its curriculum. The result enables students to be better
prepared graduates to work in science, technology, engineering or math
fields,” said Chuck Grindstaff, president and CEO, Siemens PLM Software.

Access to the software will also help students to advance their professional
careers after they complete their degrees. Graduates with Siemens’ PLM
software training are highly sought after by corporate recruiters seeking
candidates for advanced technology jobs.

“Our students will benefit tremendously from using Siemens PLM software for
course work, special projects, and international competitions, and their
experience with the software will help them succeed in the workplace as
graduates,” said Dean of UMD’s A. James Clark School of Engineering and
Farvardin Professor of Aerospace Engineering Darryll Pines.

"A modern economy requires modern investments. In Maryland, we’ve made the
better choices to invest in a highly skilled workforce, world-class research
facilities, high tech industries, innovative ideas and a growing community of
entrepreneurs,” said Maryland Governor Martin O’Malley. “This partnership
between Siemens and the state’s flagship university highlights our continued
goal to equip our students of today for our jobs of tomorrow."

“Maryland is improving the climate for advanced manufacturing, as seen in the
uptick in Maryland manufacturing jobs,” said Maryland Secretary of Business
and Economic Development Dominick Murray. “This partnership between a major
corporation and the state’s flagship university bodes well for continued job
growth and advances in research.”

The software in-kind grant represents an important component of the
comprehensive partnership between UMD and Siemens Corporation, which includes
student recruitment, as well as collaborative activities in energy,
transportation, neuroimaging, biomedical devices, and fire safety, among other
research and development areas. UMD is located just a few miles from Siemens’
USA headquarters in Washington, D.C., and recently hosted President and CEO
Eric Spiegel as part of UMD’s Robert H. Smith School of Business CEO@Smith
lecture series. Spiegel also serves on the UMD Energy Research Center Advisory
Board.

“At Siemens, we believe our success is determined by our ability to anticipate
and engineer the future,” said Eric Spiegel, president and CEO, Siemens Corp.
“This partnership provides us access to the next generation of innovators and
inventors and establishes a framework for the mutually beneficial exchange of
technologies, research and ideas.”

About Siemens PLM Software

Siemens PLM software allows companies to manage the entire lifecycle of a
product efficiently and cost-effectively, from ideation, design and
manufacture, through service and disposal. Among Industry Week’s list of 1,000
manufacturing companies, more than half use Siemens PLM Software; in the key
markets of automotive, aerospace, machinery and high tech, the total is close
to 80 percent. NASA used the software to develop the Mars rover Curiosity.
Calloway uses it to design golf clubs. And Space X has used Siemens PLM
software to develop its Falcon rocket and Dragon space capsule.

Siemens PLM Software is a leading global provider of product lifecycle
management (PLM) software and services with seven million licensed seats and
more than 71,000 customers worldwide, delivering open solutions to help its
customers make smarter decisions that result in better products.

About Siemens Corporation

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse in
electronics and electrical engineering, operating in the industry, energy,
healthcare, and infrastructure & cities sectors. For more than 165 years,
Siemens has built a reputation for leading-edge innovation and the quality of
its products, services and solutions. With 370,000 employees in 190 countries,
Siemens reported worldwide revenue of approximately $102 billion in fiscal
2012. Siemens in the USA reported revenue of $22 billion and employs
approximately 60,000 people throughout all 50 states and Puerto Rico.

About the University of Maryland

The University of Maryland is the state’s flagship university and one of the
nation's preeminent public research universities. A global leader in research,
entrepreneurship and innovation, Maryland is ranked No. 21 among public
universities by U.S. News & World Report and No. 14 among public universities
by Forbes. The Institute of Higher Education, which ranks the world’s top
universities based on research, puts Maryland at No. 38 in the world, No. 29
nationally and No. 13 among U.S. public research institutions. The university
is also one of the top 10 highest-rated D.C.-area employers, according to
Glassdoor.com. Its faculty includes three Nobel laureates, two Pulitzer Prize
winners, 49 members of the national academies and scores of Fulbright
scholars. The university is recognized for its diversity, with
underrepresented students comprising one-third of the student population.

Contact:

Media:
University of Maryland
Alana Carchedi, 301-405-0235
acarched@umd.edu
or
Siemens
Camille Johnston, 917-670-7831
camille.johnston@siemens.com