Forming Technologies Expands European Distribution Channel

FTI Expands European Distribution Channel

Forming Technologies Signs CRIL Technology as a Preferred Partner in France
Oakville, ON, CANADA — February 9, 2004 —Forming Technologies Inc. (FTI), the world's leading developer of software for the design, simulation, and costing of sheet metal components, and CRIL TECHNOLOGY, the largest most experienced CAE solutions provider in France, today announced an agreement designed to enable CRIL TECHNOLOGY to become a Preferred Partner of FTI software and thus expand its reach to the French-based automotive community.

CRIL Technology provides of Computer Aided Engineering (CAE) and Finite Element Analysis (FEA) solutions including engineering consulting, software, training, mentoring, as well as providing leading edge information system solutions for telecommunications, technical data processing and electronic simulation.
"This agreement is consistent with FTI’s strategy to expand its market presence and build upon the design, simulation, and cost optimization offerings we deploy for our manufacturing customer base," said Dan Marinac, Director Business Development, Forming Technologies. “The synergy between our world-class simulation solutions and CRIL TECHNOLOGY’s CAE skill will enable customers to more easily and efficiently manufacture their designs, optimize their costs, and ultimately accelerate their design-to-manufacture time.”
"We are committed to protecting our clients' investments just as we are committed to enhancing our ability to reach and support important market segments through offering more than 30 years of engineering expertise, sales, and support of world-class solutions," said Bernard Leuba, Vice President, CRIL TECHNOLOGY. “The breadth and depth of the FTI suite of products has proven to be an effective tool set enabling companies to design, analyze, and build products in industries ranging from automotive to aerospace. Our partnership with FTI opens the door for more industries to follow suit."
About CRIL Technology

CRIL TECHNOLOGY is a group of service companies specializing in information technology and new emerging technologies. Our highly educated and experienced engineers focus on reducing development time and cost for our customers through the implementation of advanced process and design methodologies. CRIL TECHNOLOGY provides value added consulting, design, training services, IT solutions, and utilizes the latest CAE tools to perform complex engineering simulations, especially finite element analysis (FEA). Using engineering analysis software such as ANSYS, LS/Dyna, Design Space and Fluent we have solved numerous types of engineering analysis problems for our worldwide customers. Based in Meudon-la-Forê´¬ France, since 1981, CRIL TECHNOLOGY is member of the Richelieu Committee and employs approximately 400 people. For more information visit our website at www.criltechnology.com.


About Forming Technologies

Forming Technologies Incorporated Forming Technologies (FTI) is the world's leading software solutions provider for design, formability, and costing of sheet metal components. FTI’s product suite brings the complete range of stamping solutions, from blank development to virtual prove-out for product design and die design. For the past 16 years, FTI has provided OEMs and suppliers in the automotive, aerospace, and appliance industries with innovative software and training solutions designed to reduce development time and material costs. FTI and its global network of partners provide sales and technical support to customers in more than 35 countries. For information visit the company’s website www.forming.com.
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