Place: Le Parker Meridien Hotel, New York, NY Date: Wednesday, May 14, 2003 Time: 8:50AM EDT Web Access: http://www.veracast.com/ssb/2003/software/21202242.cfm About Tecnomatix Technologies Ltd.
Tecnomatix Technologies Ltd. (NASDAQ: TCNO) is the driving force in Manufacturing Process Management (MPM). Today's leading global manufacturers are adopting MPM solutions to expand revenue potential and reduce costs by enhancing manufacturing's ability to support the business strategy of choice. These companies are using Tecnomatix eMPower solutions to accelerate product introductions, shorten time to volume, and optimize production execution. eMPower enables our customers to succeed with its collaborative, open platform and applications for defining, simulating, managing, and executing manufacturing processes across the extended enterprise.
For additional information about why automotive, electronics, aerospace and other discrete manufacturing leaders -- such as BMW, Ford, GM, Mazda, Comau, Faurecia, Sanmina-SCI, Solectron, Nortel, Philips, Boeing, Airbus, GE Aircraft Engines, Lockheed Martin - have been turning to Tecnomatix MPM solutions, visit http://www.tecnomatix.com/
This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the Company's plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, market demand for Tecnomatix products and services, long sales cycles, new product developments, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchange Commission. Tecnomatix undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Investor Contact: Tecnomatix Technologies, Ltd. Marsha Shalvi +972-9-9594733 +972-54-942180 Email Contact Investor Contact: The Ruth Group David Pasquale +646-536-7006 Email Contact
CONTACT: Company - Marsha Shalvi, Tecnomatix Technologies, Ltd.,
+972-9-9594733, or +972-54-942180, Email Contact; or Investor - David
Pasquale, The Ruth Group, +1-646-536-7006, Email Contact, for
Tecnomatix Technologies, Ltd.
Web site: http://www.tecnomatix.com/