BELLEVUE, Wash.--(BUSINESS WIRE)--July 16, 2003--Product Sight
Corporation, an innovator of product lifecycle management (PLM)
solutions, announced their acquisition of the assets of Maxim I/T,
Inc., a venture backed digital asset retrieval company.
The acquisition expands Product Sight's SyncroSpec family of
web-based quality and product lifecycle management applications.
Product Sight will continue to support FindView customers and will
continue the development of FindView's unique search engine
capabilities for engineering and manufacturing content. Senior members
of the Maxim I/T team have joined Product Sight to assure a smooth and
uninterrupted transition for FindView customers.
"We believe this acquisition will prove to be a milestone for the
entire product lifecycle management market as the combination of the
FindView search engine's technology with SyncroSpec's focused product
lifecycle applications eliminates significant data migration obstacles
that have stood in the way of broader industry adoption," stated Lloyd
Fields, CEO of Maxim I/T. "Until now companies have been forced to
re-master large amounts of data if they wanted to better leverage
their technical product information."
Founded in 1996, Maxim I/T has been an innovative software company
with an unparalleled digital asset retrieval solution for the product
life cycle management (PLM) market. With its groundbreaking software
product, FindView, Maxim I/T revolutionized the way companies search
and use technical product data from anywhere on their enterprise
network, regardless of the authoring application. Arctic Cat, Delphi
Automotive, TRW, and the United States Air Force are among the
FindView customers that have leveraged their legacy design and
manufacturing data in ways never before possible.
"We are thrilled about adding FindView customers, technology, and
talent into the Product Sight family," said Bruce Winegarden, Product
Sight CEO. "We are committed to the ongoing success of existing
FindView users. The addition of these world class organizations more
than doubles the customer base, who have proven success using Product
Sight's technical data management solutions."
About Product Sight Corporation
Product Sight develops and sells packaged web-based solutions that
allow engineering and manufacturing enterprises to search, retrieve,
aggregate, and even manage complex engineering and manufacturing
content, regardless of how it was authored or where it resides in the
Founded in 2000, Product Sight is a privately held company
headquartered in Bellevue, Washington. For more information on Product
Sight solutions, call 425-467-7117 or visit
CONTACT: Product Sight Corporation Bruce Winegarden, 425-467-7117 Fax, 425-467-7118 Email Contact