Forming TechnologiesI expands in Europe

Forming Technologies, a leading developer of software for sheet metal engineering, and Herbertus have announced a partnership agreement to further strengthen local support in Spain and Portugal.

Forming Technologies (FTI), the world's leading developer of software for the design, simulation, and costing of sheet metal components, and Herbertus, a company with vast experience in product and process simulation for the sheet metal forming and other industries, have announced a Partnership Agreement designed to enable Herbertus and FTI to further strengthen its local support in Spain and Portugal.

Herbertus has its office in the Barcelona area and has many years experience in sheet metal manufacturing related to the automotive, aeronautics and electro-domestics sectors.

The company is also very active in R and D issues related to these sectors and offers software, training, support and consultancy and project management services for sheet forming, impact dynamics, and optimization.

Gino Duffett, major share-holder of Herbertus says: "This agreement could not have been made at a better time for the Spanish automotive industry.

The FTI material estimation and cost optimisation tools are ideal for helping Spanish auto-manufacturers and providers reduce material usage and costs for their stamped components.

We are dedicated to helping the industry gain efficiency and reduce costs in this pressurised time." "This agreement is the second announcement of such in the last couple of months regarding our continued effort to expand in Europe," states Michael Gallagher, vice president sales and marketing of FTI.

"The results have been tremendous and our clients have been responding favorably to our local commitment.

Gino Duffett and FTI have been working together for several years in many different capacities and it just makes more sense to continue this effort together." * About Forming Technologies - Forming Technologies Incorporated (FTI) is the world's leading developer of computer aided engineering software for design, and simulation of sheet metal components.

For the past 16 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 10,000 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 business partners provide sales and technical support to customers in more than 35 countries.

For more information, please visit the company's website.

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