LMS sells Noesis and the OPTIMUS platform to Japanese Cybernet

Strategic move focuses core portfolio on functional performance simulation,
test-based solutions and related engineering services


July 16, 2010 - LMS International has sold its subsidiary Noesis Solutions N.V. and the OPTIMUS product line to Cybernet Systems. This move by LMS further focuses key resources on meeting customer demands for LMS' innovative engineering solutions and its flagship platforms: LMS Test.Lab, LMS Virtual.Lab and LMS Imagine.Lab.

Dr. Urbain Vandeurzen, Chairman and CEO of LMS International: “Today, with the sale of Noesis, LMS strengthens its commitment to innovate its core products and engineering services to help support our major aerospace, automotive and other leading manufacturing customers. This strategic move will allow LMS to accelerate its vision and concentrate our forward strategy on the paradigm shift in our core business. Our partners in automotive, aerospace and other mechanical industries need us to focus our energy on innovative solutions and services for hybrid engineering and the next revolution: model-based systems engineering.”

LMS customers will continue to have access to the industry-leading optimization technologies developed by Cybernet Systems and Noesis as part of the LMS Virtual.Lab and LMS Imagine.Lab platforms. LMS has formalized an R&D agreement with Cybernet/Noesis to integrate future updates of OPTIMUS technology in these two flagship LMS simulation platforms. Current users of OPTIMUS will benefit from seamless support from the global LMS sales operation. In 2011, Cybernet/Noesis will continue to expand the OPTIMUS customer base.
About the NOESIS history

In 2003, LMS created a separate company, Noesis Solutions, to develop and market its leading process integration and optimization product, OPTIMUS, to a wider spectrum of customers outside its core client base in the mechanical industries. Over the past years, the OPTIMUS product has been successfully promoted in a variety of other industries, such as electronics, telecom, and process industries via both LMS sales offices and independent distributors. Of these independent distributors, Cybernet Systems in Japan has been the most important. In a strategic move for both companies, Noesis and OPTIMUS will now fly under the Cybernet Systems banner.

About LMS

LMS is an engineering innovation partner for companies in the automotive, aerospace and other advanced manufacturing industries. With 30 years of experience, LMS helps customers get better products to market faster and turn superior process efficiency into key competitive advantages. With a unique combination of simulation software, testing systems and engineering services, LMS tunes into mission critical engineering attributes, ranging from system dynamics, structural integrity and sound quality to durability, safety and power consumption. With multi-domain solutions for thermal, fluid dynamics, electrical and mechanical system behavior, LMS can address the complex engineering challenges associated with intelligent system design and model-based systems engineering. Thanks to our technology and over 900 dedicated people, LMS has become the partner of choice of more than 5,000 manufacturing companies worldwide. LMS, a Dassault Systèmes SIMULIA partner, is certified to ISO9001:2008 quality standards and operates through a network of subsidiaries and representatives in 31 key locations around the world. For more information on LMS, visit www.lmsintl.com.

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