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Note the mention of 2 "highly confidential projects" they are working on - any speculation????


Lotus Reduces Design Time With Delmia Corp. And Dassault Systemes

Integrated Engineering and Manufacturing Environment Key Enabler for Complete Product Lifecycle Management Solution
AUBURN HILLS, Mich.—(BUSINESS WIRE)—April 13, 2004— Delmia Corp., a Dassault Systemes company (Nasdaq:DASTY; Euronext Paris:No. 13065, DSY.PA), today announced that British-based automotive company, Group Lotus plc, has selected its DELMIA V5 Human, V5 DPM Assembly, and V5 Robotics digital manufacturing software. The contract was brokered by newly appointed DELMIA reseller, INCAT.

"Once the decision to upgrade our simulation software had been made, it quickly became apparent that by implementing Dassault Systemes' CATIA V5 and selecting DELMIA V5, we would have an integrated virtual design and manufacturing environment," said David Balcombe, general manager for Vehicle Systems at Lotus. "In the future, it will be easy to expand to a complete product lifecycle management (PLM) solution."

CATIA and DELMIA V5 Solutions share Dassault Systemes' Product, Process and Resource (PPR) data model. This connection between the Engineering and Manufacturing Hubs will enable engineers to work concurrently and foster the continuous creation and validation of manufacturing processes throughout the product lifecycle. In addition, the integration of all facets of the manufacturing engineering process will allow them to reuse best industrial practices and help Lotus to build on their successes from previous programs such as the GM global 2.2 liter engine, and vehicles like the Vauxhall VX220 and the smaller Proton family.

"We will deploy the Dassault Systemes software in both the engineering consultancy side of our business as well as in the design and manufacture of our own vehicles," said David Jenkinson, Materials and Process group manager at Lotus. "We plan to immediately use this new integrated CAD/CAM and advanced simulation environment on two of our highly confidential projects and we expect immediate benefits from concurrent engineering, improved assembly and a shortened design cycle."

About INCAT

INCAT is an independent, global professional services company focused on Product and Information Lifecycle Management. Our services combine a proven, disciplined approach with real world expertise to deliver total business solutions that enhance our clients' agility and capacity to innovate. Founded in 1984, and headquartered in London and Detroit, INCAT has more than 600 employees working with Fortune 500 and other organizations in North America, Europe and the Pacific Rim. For more information, visit http://www.incat.com

About Group Lotus plc

Group Lotus plc has two primary operating divisions: Lotus Cars and Lotus Engineering. Lotus Cars builds and commercializes Lotus sports cars, Elise and the new Lotus Exige. Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers, offering a full engineering service from initial concept and project design through development to full production prototype build. For more information, visit http://www.lotuscars.co.uk

About Delmia Corp.

Delmia Corp. is the leading provider of lean digital manufacturing solutions, focused mainly on software that can be used to streamline manufacturing processes. DELMIA serves industries where the optimization of manufacturing processes is critical, including automotive, aerospace, fabrication and assembly, electrical and electronics, consumer goods, plant, and shipbuilding sectors. Information about Delmia Corp. is available at http://www.delmia.com.

About Dassault Systemes

As world leader in PLM (Product Lifecycle Management) solutions, the Dassault Systemes group brings value to more than 70,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to maintenance. Its offering includes integrated PLM solutions for product development (CATIA(R), DELMIA(R), ENOVIA(R), SMARTEAM(R)), mainstream product design tools (SolidWorks(R)), and 3D components (ACIS(R)) from Spatial Corp. Dassault Systemes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com
 

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Say it isn't so! Have they really made a big investment in Empowered Buzzword Technology right when they're supposed to start production on Our Preciousss?

Do any of those quotes even sound remotely human?

Egad, nothing can disrupt production like a new "product lifecycle management system". Let's hope they're still in the planning stages and "rollout" is sometime in 2007.
 
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