VISTAGY Appoints Joshua Fredberg to Newly Created Position of VP of Product Management & Marketing

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VISTAGY Appoints Joshua Fredberg to Newly Created Position of Vice President of Product Management & Marketing

Former PTC executive will help company build on last year’s 30% revenue growth by driving product strategy in VISTAGY’s key markets

WALTHAM, Mass., (USA), June 11, 2009 — VISTAGY, Inc., a leading provider of industry-specific engineering software and services, today announced the appointment of Joshua Fredberg as the company’s first vice president of product management and marketing. Mr. Fredberg will be responsible for managing VISTAGY’s best-in-class products, developing positioning and messaging and working with the company’s industry-leading partners. Mr. Fredberg’s appointment signals VISTAGY’s determination to build on the momentum it generated in 2008 so it can expand its leadership in the aerospace, automotive, transportation interiors and wind energy industries.

Mr. Fredberg brings VISTAGY deep software industry experience as well as expertise in defining target market solutions, strategy and messaging. Mr. Fredberg previously served as senior vice president of product and market strategy at PTC, where he worked on industry strategy, marketing and business development. Prior to PTC, he was director of business development at Ariba. Before that, he worked at Andersen Consulting Strategic Services where he consulted on corporate strategy for technology companies.

“Our products are resonating more than ever with customers and prospects alike as companies strive to design and manufacture better performing products with fewer resources and more efficient business processes,” said Steve Luby, president and CEO of VISTAGY. “Josh’s demonstrated leadership and expertise in product management and marketing strategy will enable us to take the next step in growing our product portfolio and expanding our presence in the aerospace, automotive, wind energy and transportation interiors markets.”

“I am pleased to join VISTAGY because it is a dynamic and innovative company that is poised to take advantage of significant opportunities in its target markets,” said Mr. Fredberg. “VISTAGY has the people, the products and the expertise to help manufacturers solve their most vexing design-to-manufacturing challenges, so I am looking forward to working with the team to determine how best we can fully leverage those opportunities.”

Mr. Fredberg attended the Wharton School of Business where he earned his MBA with a concentration in finance. He also attended the University of Pennsylvania where he received a master’s degree in systems engineering. He received his bachelor’s in electrical engineering from Tufts University.

About VISTAGY, Inc.
VISTAGY, Inc. is a leading global provider of engineering software and consulting services that optimize product development processes by enhancing the functionality of commercial 3D CAD systems. For almost 20 years, VISTAGY has been a pioneer in providing industry-specific solutions that capture complete virtual product definitions and facilitate automatic reuse and efficient exchange of engineering information across the enterprise and supply chain. VISTAGY solutions help customers deliver robust products on time and on budget by increasing productivity, improving communication throughout the product lifecycle and enabling better-informed decision-making early in the design process. The company's customers include over 200 of the world's leading manufacturers in the aerospace, automotive, transportation interiors and wind energy industries. VISTAGY is headquartered in Waltham, Massachusetts, USA and can be reached at +1.781.250.6800 or by visiting www.vistagy.com.
“VISTAGY. Engineer success.”™
VISTAGY, the VISTAGY logo, and Engineer Success are registered trademarks or trademarks of VISTAGY, Inc., in the United States and in other countries. All other companies and products referenced herein have trademarks or registered trademarks of their respective holders.


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