SMARTEAM Helps Global Medical-Products Manufacturer Develop New Products Faster, Better, and More Cost-EffectivelyKFAR SABA, Israel—(BUSINESS WIRE)—Jan. 13, 2004— SmarTeam Corporation Ltd., a Dassault Systemes company (Nasdaq: DASTY) (EURONEXT Paris: 13065, DSY.EU) announced today that world-leading home medical products provider Invacare has implemented a collaborative PLM system based on SMARTEAM, including modules for automated document management, collaborative design, and web-based worldwide sourcing and procurement.
"We have realized quite a boost in productivity," said Neal Curran, vice president of Engineering and Product Development at Invacare. "We have reduced our design cycle time from 12 to nine months. A better design platform, improved access to design data, and more efficient data management and documentation allow our engineers to continue to support operational initiatives as well as increase work on new product development."
The SMARTEAM solution has enabled Invacare to fully automate its document processing. Invacare employees can now access product design data from any of its many globally-distributed facilities in a standard data format, generate design drawings automatically, share design data with colleagues, vendors, and suppliers, and create a collaborative environment linking its remote sites.
"We needed a good PDM system to manage, document, and leverage our large volume of complex product data," said Tom Herb, manager of Invacare's Corporate Documentation Group. "SMARTEAM solutions have definitely allowed us to get closer to a true collaborative environment with our remote facilities and enabled us to make tremendous headway in making our documentation efforts more efficient."
cSHARE, a SMARTEAM reseller and integrator based in the U.S. Midwest, helped Invacare define its CAD and PDM standards and develop strategies for working with internal users and external suppliers. The reseller is working with Invacare to further expand the SMARTEAM solution across a range of different product development and lifecycle collaboration needs. cSHARE recently published a case study on the Invacare implementation.
About Invacare Corporation
Invacare (NYSE:IVC) is the industry leader in the $6-billion worldwide market for home medical products, manufacturing and distributing the world's broadest product offering to more than 25,000 independent home medical equipment providers worldwide. Headquartered in Elyria, Ohio, Invacare manufactures products in four categories (standard products, rehab products, respiratory products, and medical supplies) and has 12 manufacturing plants in North and Central America, Europe, and Australasia. The company recently introduced 75 new products to replace 90 percent of its major equipment product line sales in 2003. For more information, visit http://www.invacare.com.
About SmarTeam Corporation
SmarTeam Corporation Ltd. develops, markets, and supports rapidly implemented, yet totally customizable, product lifecycle collaboration solutions that drive efficiency, quality and responsiveness for customer-centric organizations and their value chains. Founded in 1995, SmarTeam is one of the fastest-growing companies in the PLM market with some 3,000 customers worldwide, and a broad solutions portfolio that enables manufacturing organizations and their supply chains to efficiently manage and collaborate on product information from concept through maintenance. SmarTeam's solutions help companies gain improvements in product quality, reduce costs, expedite project turnaround, comply with industry standards, and shorten time-to-market. SMARTEAM(R) is a Dassault Systemes and IBM PLM solution and is delivered by world-class resellers on every continent. For more information, visit http://www.smarteam.com.
About Dassault Systemes
As world leader in PLM (Product Lifecycle Management) solutions, the Dassault Systemes group brings value to more than 65,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to maintenance. Its offering includes integrated PLM solutions for product development (CATIA(R), ENOVIA(R), DELMIA(TM), SMARTEAM(R)), mainstream product design tools (SolidWorks), and 3D components (ACIS(R)) from Spatial Corp. Dassault Systemes is listed on the Nasdaq (DASTY) and EURONEXT Paris (#13065, DSY.EU) stock exchanges. For more information, visit http://www.3ds.com.
cSHARE, LLC provides enterprise product data and lifecycle management (PDM/PLM), Quality Management (QMS) and Knowledge Base Engineering (KBE) and Design Automation solutions that inspire innovation, facilitate collaboration, and foster efficiency. Headquartered outside Cleveland, Ohio, cSHARE is focused on providing solutions that leverage information and eliminate redundancies, fully supporting its customer's LEAN initiatives. cSHARE is recognized as a leader in providing solutions that bridge the gap between engineering, manufacturing, supply chain and ERP. For more information, visit: http://www.cshare.com.
SmarTeam Corporation Ltd. Randy Tischler, + 972-9-7643981 Email Contact or Invacare Susan A. Elder, 440-329-6549 Email Contact or Dassault Systemes Anthony Marechal, +33-1-55-49-84-21 Email Contact or cSHARE Mark Orzen, 440-954-3145 Email Contact