PCO Innovation: International Global Leader in PLM Consulting Sees the Time is Right to Strengthen its North-American Market Position

Los Angeles, October 5, 2009 – PCO Innovation, an independent global leader in consulting services, specializing in the definition, implementation and roll-out of Product Lifecycle Management (PLM) technology solutions this week announced the consolidation of its brand in the United States with the creation of local agencies.

PCO Innovation, based in Montreal, has been operating throughout the United States for more than eight years, establishing a higher profile and building it confidence level with its clients.

“The expansion of PCO Innovation in the United States is an exciting and important step in the growth of our company,” said Olivier Letard, Co-President of PCO Innovation. “Our 2007 merger with a French company represented phase one of our growth plan. After a period of consolidation, we are now prepared to extend operations in the largest PLM market in the world – the United States – with a ‘one company’ approach that will best serve our customers.”

The United States launch represents a sizeable investment on the part of PCO Innovation, Mr. Letard noted. With this consolidation in North America and other expansion projects around the world, he anticipates that the company’s work force – currently at 500 – may double within several years. Organic growth is a key part of the company's growth plan, he added, and the company also has an active merger and acquisition strategy in place that applies to all territories.

“Excellence, commitment and pro-activity on behalf of customers are the key principles of PCO Innovation,” said Mr. Letard.

PCO Innovation provides a full-range of services for CAD and PLM to more than 120 customer organizations in the automotive, aeronautics, defense, electronics, energy, pharmaceuticals, and food and beverage industries, among others. He added that PCO professionals offer both business and technical consulting services; specializing in solutions developed uniquely to respond to each customer’s business environment, challenges and goals.

The company’s software partnerships include Dassault Systèmes, Siemens PLM, Oracle, PTC and SAP.

“This is a seminal moment in the growth of our organization,” Mr. Letard concluded, “and the United States market offers significant and promising opportunities for the future.”

About PCO Innovation
PCO Innovation, founded in 2000, is an independent global leader in consulting services, specializing in the definition, implementation and roll-out of Product Lifecycle Management (PLM) technology solutions. In addition to its expertise in consulting, change management and project management, PCO Innovation offers extensive technological expertise throughout the PLM information system value chain, both in terms of information creation – CAD/CAM/CAE; and collaborative data management. PCO Innovation services are delivered by an international team of more than 500 consulting professionals and PLM technology experts in 30 countries, on five continents. www.pco-innovation.com

Contacts
Brian Cox, Vice President – NA Sales
1.949.492.1507
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Bill Zanke, Vice President – NA Business Development
1.206.423.4595
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