YoungBin Cho, General Manager of Dassault Systèmes Korea, Honored for Attracting Foreign Investment

Honored With the Commendation of Prime Minister for His Contribution in Fostering Local 3D Convergence Industry, Nurturing Talents and Economic Development in Korea

SEOUL, Korea , November 3 , 2010 – Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, announced that Young-bin Cho, general manager of Dassault Systèmes Korea, has won Commendation of Prime Minister for attracting foreign investment during ‘Foreign Company Day 2010’  hosted on November 3 by Ministry of Knowledge Economy and organized by Korea Foreign Company Association. This celebration also rewards the key role of Dassault Systèmes in the undisputable successful transformation of industries like Automotive, High Tech, Electronics and now Shipbuilding.

“I am proud to lead the Korean teams of a company so fully committed to delivering competitive advantage to the Korean industry through its unique collaborative innovation approach, its industry orientation and investments in Korean talents in Daegu,” said Young-bin Cho, general manager, Korea, Dassault Systèmes. “Dassault Systèmes is strongly committed in Korea and our success in the shipbuilding industry is an additional illustration of that willingness to make a difference, involving the entire ecosystem of an industry. The shipbuilding sector certainly gained from our strong track record in other industries and I am looking forward to serving additional domains in my country.”

Dassault Systèmes shipbuilding R&D center in Daegu, which is regarded as the best R&D center in terms of 3D technology in Korea set up by a software company, will contribute not only to the existing development of shipbuilding industry, but also discovering the next generation of profit models for this industry in new areas such as cruises, yachts and leisure boats.

To drive the 3D convergence industry successfully, Dassault Systèmes partners with Daegu city and Kyungpook National University. In addition, Young-bin Cho was appointed as the head of “Korea 3D Convergence Industry Forum”, a key organization driving 3D convergence industry business, and announced his commitment to fostering 3D convergence industry in Daegu, Gwangju and province of Gyeongsangbuk-do.

About Dassault Systèmes

As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 115,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes applications provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences.  For more information, visit http://www.3ds.com.

CATIA, DELMIA, ENOVIA, SIMULIA, SolidWorks and 3D VIA are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.

Dassault Systèmes Press Contacts

Arnaud Malherbe (DS EMEA)          Email Contact                      +33 (1) 61 62 87 73
Derek Lane (DS Americas)            Email Contact                               +1 (818) 673-2243
Elena Fernandez (DS LATAM)         Email Contact                       +1 (978) 442-2790
HyunJung Lee (DS AP)                   Email Contact                           +82 2 3270 7801




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