High sales revenue once again: OPEN MIND still one of the industry’s fastest growing companies
Wessling, Germany, 22 May 2007 – OPEN MIND Technologies AG closed the financial year with a very positive result: In the 2006 financial year, OPEN MIND achieved growth of around ten per cent. This puts the manufacturer of CAD/CAM solutions yet again at the top of the list of the industry’s fastest growing providers. The OPEN MIND Group, which has branch offices in Europe, North America and the Asia-Pacific region, also recorded a two-digit increase in sales revenue in the 2005 financial year.
In the 2006 financial year, OPEN MIND Technologies AG achieved a total sales revenue of ï¿½15,492m. This corresponds to a per capita turnover of more than ï¿½161,000 for each employee. “The basis for OPEN MIND’s lasting success is our innovative, world-leading 5-axis technology and probably the widest range of 2D, 3D and 5-axis modules being offered in a single CAM solution with a very simple user interface,” explains Werner Schwenkert, CEO of OPEN MIND Technologies AG. “I am delighted that our comprehensive product concept encompassing CAM and CAD solutions, plug-ins, interfaces and postprocessors, which enable end-to-end production from design through to machine manufacture, is also reflected in our continually growing customer base.”
OPEN MIND is a pioneer and technology leader in providing trend-setting CAM solutions with the required postprocessors, which are developed in-house, to meet specific requirements. These postprocessors significantly facilitate 5-axis machining and enable the efficient use of modern 5-axis milling machines and their CNC controllers.
The OPEN MIND consolidated income statement was calculated for the past financial year in accordance with IFRS (International Financial Reporting Standards), adjusted for intercompany sales, expenditure and income.
About OPEN MIND Technologies AG
OPEN MIND Technologies AG is a leading developer of CAD/CAM software and postprocessors for designing and manufacturing complex moulds and parts. OPEN MIND offers an extensive range of products, from 2D feature-oriented solutions for milling standard parts through to software for 5-axis simultaneous machining.
With hyperMILL, used in automotive, tool and mould manufacturing, high performance engineering and aerospace industries, OPEN MIND Technologies AG is represented in all the important markets in Asia, Europe and North America. OPEN MIND Technologies AG is a Mensch und Maschine company (
For further information, please contact
OPEN MIND Technologies USA, Inc.
70 Walnut Street
Wellesley Hills, MA 02481
Tel.: + 1 781 239 8095
Fax: + 1 270 912 5822