A New 3D CAD Package


LMS Virtual.Lab Rev 3 provides ANSYS users an active, associative link between Virtual.Lab and ANSYS for all linear structural analyses. Virtual.Lab users are not only able to access ANSYS modeling and results data, they can also make ANSYS an integral part of a Virtual.Lab-supported engineering process. By implementing Virtual.Lab, users also have the ability to automatically set up ANSYS solutions and drive the ANSYS solver.

For automotive and aerospace design, the LMS Virtual.Lab suite is one of the most comprehensive and versatile packages we have seen.

And Still Another CAE Announcement Of A Different Type

In something of surprise in the CAE software space, ANSYS Inc., a developer of simulation software and technologies for optimizing product development processes, this week announced strong third quarter and year-to-date 2003 results. The results included:
  • Total revenue of $28.0 million, as compared to $21.7 million in the third quarter of 2002; total revenue of $80.3 million in the first nine months of 2003 as compared to $65.7 million for the nine months ended September 30, 2002
  • Diluted earnings per share of $0.33 as compared to $0.26 for the third quarter of 2002; diluted earnings per share of $0.89 through September 30, 2003 as compared to $0.81 for the first nine months of 2002
  • Cash flows from operations of $7.1 million in the third quarter of 2003 and $28.7 million in the first nine months of 2003.
ANSYS President and CEO, Jim Cashman, commenting on the current quarter's solid business performance, said, "The third quarter was a very positive quarter for us on a number of important initiatives. We continued to make tremendous strides in integrating our recently acquired CFX product line, which contributed to our ability to post record third quarter revenue and earnings results. Additionally, we made important progress in advancing our leadership in technology, which we believe has been a key driver to both the continued penetration into our extensive installed base, as well as our ability to expand into new markets."

Founded in 1970, ANSYS develops and markets engineering simulation software and technologies widely used across a broad spectrum of industries. The company focuses on the developing of products that an be used from design concept to final-stage testing and validation.

This is especially good news for ANSYS, coming at a time when the revenues and earnings of many CAD and CAM companies is flat or floundering. ANSYS continues to prove to be a strong company with good products and management, and an enviable cash position.

People On The Move At Cyon

Our friends at Cyon Research Corp., an engineering technology market analysis and consulting firm announced a couple of personnel changes this week. First, Evan Yares, a company founder and CTO, is leaving Cyon Research to pursue other interests. Yares plans to focus on industry interoperability projects related to his work with the Open Design Alliance, of which he is president. Cyon Research also announced that Rick Stavanja has been appointed as its vice president and CTO. Rick has been part of Cyon Research for three years and will leverage his extensive knowledge and long-term experience of the CAD industry in his new role. Prior to joining the company, Rick co-founded PacifiCAD, a major CAD reseller in 1990. In 1995, he formed Tangra Development, a CAD consulting and integration company. At Tangra, he developed CADwire.net, a leading CAD resource. CADwire.net was acquired by Cyon Research in 2001. "I look forward to taking on the challenges that lie ahead," stated Stavanja. "I believe I offer a fresh, practical perspective on the issues facing both customers and vendors in today's evolving engineering software marketplace."

An Acquisition And New CTO

Raindrop Geomagic announced its acquisition of Cadmus Consulting LLC, a pioneer in new methods for computer-aided geometric design. In related news, Dr. Tamas Varady, former president and CEO of Cadmus, a Hungarian company, has been named chief technology officer of Raindrop Geomagic.

Raindrop Geomagic provides patented geometric modeling software that automatically transforms products from their physical form to a digital model for faster development, greater accuracy and automated inspection. The acquisition of Cadmus extends Raindrop Geomagic's software reach beyond the accurate replication of a physical product into the realm of stylish surfaces commonly used in automotive body design and consumer products.

"Raindrop Geomagic is now the only company that can provide a complete set of tools for product development based on accurate digital representations of scanned physical parts," says Ping Fu, the company's president and CEO. "Our technology encompasses industrial styling, automated reverse engineering, custom manufacturing, and computer-aided inspection applications, all tightly integrated with existing CAD/CAM/CAE solutions."

As Raindrop Geomagic's chief technology officer, Varady will direct the company's technology roadmap and be responsible for managing research and development efforts. Varady founded Cadmus in 1991.

Cadmus will now operate as Geomagic Hungary, with Varady also serving as managing director of the wholly owned subsidiary. Engineers in the new subsidiary will become part of the Geomagic software development team and will provide technical support to European customers.

This is an interesting announcement because it broadens the geometric horizons an potential of Raindrop Geomagic, already a unique and innovative company in the area of reverse engineering.

Jeffrey Rowe is the editor and publisher of MCADCafé and MCAD Weekly Review. He can be reached at Email Contact or 408.850.9230.

Letters To The Editor

This week we received some interesting feedback to last week's Commentary entitled "The Spatial Versus Autodesk Lawsuit -- Was Justice Truly Served?"

"Contract issues aside, the world's MCAD user community was best-served by the recent court ruling. I can see no good coming from both major CAD solid kernels being owned by the same company while that same company continues to market their own CAD software. Sounds familiar doesn't it?

Consider that there is effectively no competition for MS-Word, Excel or PowerPoint because nobody can write software for the undocumented Windows OS as well as Microsoft can. We were potentially heading down that same path when Dassault bought Spatial, and I for one am ecstatic that we still have competition in that market."
    Michael Koehler, Vice Pres.
    Propulsor Technology Inc.

This Week

Top Stories Product and Company News Corporate Moves

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