Tyco Electronics Selects SpaceClaim for Global 3D Concept Modeling Solution

CONCORD, MA -- (MARKET WIRE) -- Jan 18, 2011 -- SpaceClaim, a leader in 3D Direct Modeling solutions for rapid concept design and modification, today announced that Tyco Electronics (NYSE: TEL), a leading global provider of engineered electronic components, network solutions and undersea telecommunication systems, has selected SpaceClaim Engineer for concept modeling, bid modeling, and model preparation for CAE simulation. SpaceClaim is being deployed as a global, enterprise solution for engineers across all Tyco Electronics (TE) business segments.

"TE has a strong commitment to R&D, engineering, and lean product development, with our global design centers working closely with customers to develop application-specific, highly engineered products and systems," said Andreas Hintz, Manager of Enterprise CAD/CAE/CAM for TE. "We identified the need for a 3D design tool for engineers involved in concept modeling and simulation that was easy to deploy and use, didn't require intensive training and yet was precise, powerful, and worked with our existing CAD and CAE tools. SpaceClaim met the key requirements of our global business units and our pilot test feedback was very positive."

"TE is a highly respected company, engineering some of the world's leading electronic components, products and systems," said Chris Randles, President and CEO, SpaceClaim. "SpaceClaim's flexibility in model creation and manipulation supports early interaction with customers and collaboration with all participants in the design cycle. Our customers have told us repeatedly that SpaceClaim has reduced time-to-market by up to 50 percent and enabled them to win more business with SpaceClaim Engineer. We welcome the opportunity to work with the global team at TE as they continue to drive innovation and develop new products."

About SpaceClaim Corporation
SpaceClaim enables global engineering and manufacturing organizations to leverage 3D design to innovate, win more business, quickly prepare models for analysis, and get products to market faster. Engineers can rapidly create new designs as well as edit and simplify 2D and 3D CAD data, regardless of origin and without the complexity of traditional CAD. Customers include Nokia Siemens Networks, BorgWarner, Medtronic, Lotus Cars, Sharp, K2 Medical Systems, FuelCell Energy, Emhart Glass, GE Aviation, General Dynamics, and the U.S. Navy. SpaceClaim is privately held and backed by Borealis Ventures, Kodiak Venture Partners, and North Bridge Venture Partners. For more information on SpaceClaim, please visit: www.spaceclaim.com.

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