THEOREM ANNOUNCES FURTHER COMMITMENT TO JT OPEN INITIATIVE

LOVELAND, Ohio, March 24th, 2004 - Theorem Solutions, one of the world’s leaders in CAD/CAM product data exchange, announces that it has elevated its level of commitment to the JT Open initiative from Advocate to Vendor Member.

JT Open, announced by UGS PLM Solutions in November of last year, is an initiative driven by global leaders looking for a competitive advantage through product lifecycle management that have adopted the JT data format as a standard. JT is a common data format for enabling product visualisation and information sharing between PLM software applications. The robust functionality and lightweight nature of JT technology makes it possible to view and share product data and interactive images worldwide, in real-time and throughout all phases of the product lifecycle.

As early adopters of the JT format, Theorem has taken a wide range of JT translators to market. These include CATIA V4 and V5, CADDS5, Inventor and STEP AP203. Theorem’s JT translators are already installed in many of the world’s leading design and manufacturing companies including Boeing, BMW, Renault and Ford, as well as many Tier 1 and Tier 2 suppliers.

In elevating their status from Advocate to Vendor Member of the JT Open initiative, Theorem plans to make use of the availability of a rapidly evolving development environment which will enable not just new Theorem JT translators, but significantly more functionality in JT translators that they have already brought to market.

The first fruits of this change will become apparent in a few months, as Theorem plans a 2004 launch of bi-directional JT translators.

Theorem President Stuart Thurlby said: “Theorem’s JT translators enable users to translate whole assemblies or single components and can be integrated with design, viewing, vaulting and data management solutions. All of these are being brought closer and closer together in today’s PLM environments through initiatives such as JT Open.” He went on to add: “Membership in JT Open helps us not only to quickly develop best in class products, but also to exchange views on product direction and future requirements with other JT Open Members, including General Motors, Ford, Mazda, UGS PLM Solutions, PTC, Intel, Hewlett Packard and SAP. This environment is the perfect place from which to deliver more benefit to our customers by providing focused solutions to clear business requirements."

About JT Open:
JT Open is an influential, collaborative community of users, software vendors and interested parties spanning the product lifecycle management value chain. Through an open distribution of the JT Open Toolkit technology – under a level playing field business model – JT Open members are able to share 3D data for the purposes of visualisation, collaboration and data-sharing.

JT Open is open to any organisation that is interested in tapping into the JT pipeline. This includes software vendors who wish to develop JT-enabled applications for sale to other member companies, as well as companies that have integrated JT into their applications or wish to make JT a standard part of their business processes.

For more information about JT Open please call 1-800-498-5351 in the Americas, 44-1276-705151 in Europe, 852-2230-3333 in Asia-Pacific or simply visit www.jtopen.com

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