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Product category: Manufacturing dealerships, agencies and acquisitions
News Release from: Forming Technologies
Edited by the Manufacturingtalk Editorial Team on 22 March 2007

Forming Technologies appoints RAND

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Provider of software for the design, feasibility, and costing of sheet metal components, Forming Technologies, said RAND North America is now its CATIA distributor.

RAND North America, a joint venture of Dassault Systemes and RAND Worldwide, and Forming Technologies (FTI), the world's leading provider of software solutions for the design, feasibility, and costing of sheet metal components, announced that RAND North America, will act as FTI's newest CATIA solution distribution partner "Partnering with our customers to help them improve quality and increase efficiency to enhance their competitive position within the manufacturing marketplace is the fundamental core of RAND North America," said Brian Semkiw, CEO RAND North America

"Acting as a distribution partner for FTI will expand the suite of software applications available to our clients and help to extend our relationships with them".

"FTI's products will provide our clients with new options to reduce material and labour costs enhance their production processes and bring new products to market more quickly." Michael Gallagher, vice president sales and marketing of FTI, said: "This agreement is consistent with our growth strategy of offering our customers localized sales and support.

RAND North America and FTI have similar core values and corporate philosophies and an underlying desire to bring value to the bottom line for our customers.

The synergy between us will enable our customers to become more efficient, optimize their costs and ultimately accelerate their design-to-manufacture time." RAND North America will act as a distributor of FTI's full product suite to its manufacturing customer base.

* About RAND Worldwide - RAND Worldwide is one of the world's leading providers of professional services and technology to the engineering community, targeting organizations in the building, infrastructure and manufacturing industries.

RAND enables its customers to improve their competitiveness, productivity and profitability by enhancing key aspects of their Product Lifecycle Management (PLM) capabilities, including planning, development, and management.

As one of the leading technology independent systems integrators in the world, RAND Worldwide employs 439 people in 70 global sales and client service centers.

For more information please visit www.rand.com.

* 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 17 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 partners provide sales and technical support to customers in more than 35 countries.

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