Forming Technologies Releases CATTube CAA V5 Based

OAKVILLE, ON, Canada - February 7, 2008 - Forming Technologies Inc. (FTI) the industry’s leading developer of solutions for design, simulation, and costing of sheet metal components, today announces the release of their newest Catia module, CATTube CAA V5 based. By leveraging CATIA V5’s parametric design and analysis environment, CATTube’s fully associative and regenerative features drastically reduce downstream design changes.

“CATTube is a tube bending analysis tool for the aerospace, automotive, nuclear, and process industries”, said Michael Gallagher, Vice President of Sales and Marketing, FTI. “This solution incorporates our exclusive CHI solver to produce accurate thickness distribution, accurate tube length for costing and setup, and will automatically determine hot or cold forming process requirements. CATTube will significantly reduce the number of iterations between design and manufacturing, reduce the number of half-pipe pressings, and reduce both procurement and manufacturing costs.”

CATTube will allow designers to quickly assess a proposed tube design for feasibility. Engineers will have a tool to rapidly assess process options with immediate feedback on changes to geometry, gauge, and material. CATTube is fully integrated within the Catia environment and will take full advantage of the Associative and Regenerative features as well as allowing designers to use only native Catia files for ease of use and increased efficiencies. Because FTI’s simulation time, setup time, and run time is accomplished within minutes, CATTube takes full advantage of the Catia Sensor-Based Design Optimization Engine.

“Our newest solution was developed for our aerospace\automotive clients and has demonstrated tremendous time-saving advantages, adds Gallagher. “What typically has taken the industry many weeks to accomplish, CATTube has achieved, in many cases, better and more accurate results in minutes. We offer the largest portfolio of Catia based solutions in our industry and we will continue to expand on this offering in the near future to allow our clients to take advantage of the best in class, latest technology in the market place today.”

About Forming Technologies

Forming Technologies Incorporated is the world’s leading developer of computer aided engineering software for design, costing, and formability of sheet metal components. For the past 18 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. FTI and its global network of partners provide sales and technical support to customers in more than 35 countries. For information visit the company’s website ( www.forming.com).