Forming Technologies Announces FASTBLANK® for PTC Creo Parametric™

Burlington, ON, CANADA — June 10, 2013Forming Technologies Inc. (FTI) the industry’s leading developer of solutions for formability, simulation, blank development, and costing of sheet metal components, announced today the release of FASTBLANK for PTC Creo Parametric design software FASTBLANK for PTC Creo® 2.0 provides PTC Creo Parametric users with a fully integrated tool for developing optimal blank shapes for complex sheet metal components.

“FASTBLANK for PTC Creo Parametric was a reaction to a large number of PTC Creo users insisting that we provide FASTBLANK within their CAD environment,” said Dan Marinac, FTI’s Director of Business Development. “FormingSuite FASTBLANK is already the world’s most popular blank development tool in the industry. With the availability of this functionality embedded inside the PTC Creo Parametric environment, we expect it to be a strategic part of penetration by PTC Creo 2.0 into the tool & die industry.”

FASTBLANK for PTC Creo Parametric dramatically improves formability, product quality, and significantly reduces both material costs and the number of stamping trials required in the tooling prove-out stage. In addition to blank development, FASTBLANK for PTC Creo Parametric also provides a color contour plot indicating the thickening and thinning that result from the forming process. It accounts for material stretch and deformation as well as bending, and can flatten any PTC Creo 2.0 geometry. The tool can be used to assess the feasibility of a part for manufacturing. “We are pleased that PTC views this as a tool that is important to its customers, and we are delighted to have been included in the PTC PartnerAdvantage™ Program,” stated Marinac.

Andy Barlow,  Vice President, PTC PartnerAdvantage Program , stated, “With the addition of FTI to the PTC PartnerAdvantage Program, die designers, tooling engineers, and estimators will have a powerful solution and will benefit from a single-window interface that lets them quickly generate accurate blank shapes directly within the PTC Creo environment."  He continued, “The partner program is comprised of software providers selected for their expertise.  FTI demonstrated its expertise in blank development and formability analysis. The company is a great addition to the program.”

FASTBLANK for PTC Creo Parametric has been driven by customer feedback and is part of FTI’s commitment to deliver a suite of software to analyze product cost, formability, die design and process feasibility. FASTBLANK for PTC Creo Parametric is available for trial download at www.forming.com.


About Forming Technologies

Forming Technologies Incorporated is the world’s leading developer of computer aided
engineering software for design and simulation of sheet metal components. For over 24 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 has trained over 12,000 engineers in Formability and Die Design and is considered the Best-In-Class around the world for their industry training programs. For information visit the company’s website ( www.forming.com)


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PTC, Creo, Creo Parametric and PartnerAdvantage are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.


Contact:
Email Contact (905) 340-3370.




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