Fedem Technology creates strategic agreement with John Deere to supply virtual testing software worldwide

Fedem Technology announced today that Deere & Company has approved an Enterprise Wide Software License Agreement for the Fedem Simulation Software. According to the agreement, Fedem Technology will supply its virtual structural durability analysis software across the globe to Deere, the world's leading supplier of equipment for agriculture and forestry as well as a business leader in other equipment sectors such as construction and lawn and turf care.

The agreement positions Fedem Technology to be a strategic source to John Deere in matters concerning virtual structural durability product development. For Deere, this agreement strengthens the company's prominent product development strategy.

"The use of the Fedem software allows us to develop a full vehicle model that produced analysis results that correlated well with full vehicle test measurements," said Tom Cordes, John Deere's manager of accelerated design verification. "We are confident that the Fedem software adds to our analysis capabilities and reduces the time needed for the re-analysis required for design iterations". Fedem Technology will deliver simulation software to John Deere that considerably reduces the need for physical testing structural durability. Instead of building, testing and rebuilding expensive physical prototypes, much of the testing can be performed with computers running the Fedem Simulation Software. Fedem Technology has been developing this software with John Deere since 1998.

"This strategic agreement with John Deere confirms that our technology is leading, and that it has a great potential," says Oddvar Solemsli, chairman and chief executive officer at Fedem Technology. He explains that Fedem Technology already has established contact with other important players in the heavy vehicle and automotive industries.

Fedem Technology is the leader in the world market for virtual testing of mechanical solutions and products for so called "Performance Certification". Fedem Technology has its headquarters in Trondheim, Norway, and currently has 25 employees. The company has existed since 1999 and has its US headquarters in Denver, CO.
Contact:
Geir Moholdt, VP Sales and Marketing Fedem Technology
+ 47 73 54 03 79 / + 47 92 08 71 63. 
email: 
Email Contact
Fax:    +47 73 54 03  14  

www.fedem.com

Ken Golden, Manager Public Relations Deere & Company. 
309-765-5678. 309-765-5682 
email:  
Email Contact  

www.deere.com



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