PITTSBURGH, PA, USA, Feb 24, 2021 – Ansys (NASDAQ: ANSS) and Keysight Technologies, Inc. are working together to integrate component-level designs into mission modeling environments with an enhanced, automated DME workflow. This enables joint customers to eliminate the time-consuming bottleneck of manually coupling design tools for rapidly innovating aerospace and defense applications and soon for 5G communications, autonomous vehicles and electrification. Ansys’ collaboration with Keysight continues a longstanding relationship that began with AGI, before the company was acquired by Ansys last year.

Systems Tool Kit providing digital mission engineering for advanced urban air mobility operations

To solve challenging development issues, engineering teams have been forced to manually connect design tools with custom integrations and purpose-built scripting mechanisms. Additionally, engineers face increasingly difficult design hurdles, tasked to achieve more with less resources. Ansys and Keysight’s streamlined, interoperable and cohesive workflow combines best-in-class tools, empowering engineers to accelerate the product lifecycle, harness critical insights to improve decision-making, greatly reduce human error and create advanced, higher fidelity designs.

The cutting-edge automated workflow directly connects AGI’s multi-domain mission analysis software, Systems Tool Kit with Keysight’s high-fidelity RF systems modeling tool, PathWave System Design (SystemVue). This enables engineering teams to seamlessly join mission-level modeling with component-level system design throughout the product lifecycle, providing a pervasive digital thread that links design processes, requirements and validation through proven digital simulation techniques. As a result, engineers can quickly arrive at critical system designs and immediately confirm performance within a mission context.

Keysight’s Pathwave SystemVue brings advanced signal processing techniques and component level design to the mission modeling workflow

“Keysight and Ansys are each playing central roles in helping our customers shift their real-world challenges into digital twin simulations. By working together, we can accelerate this transformation, which is enabling our customers to innovate and get to market faster than ever before,” said Tom Lillig, general manager of PathWave Software Solutions at Keysight. “In particular, Keysight’s PathWave System Design software is a powerful bridge between the worlds of virtual simulation and physical test.”

“Ansys is building on the relationship with Keysight that AGI began, which successfully incorporated DME into design processes, supporting customers in satellite communications, radar and electronic warfare sectors,” said Shane Emswiler, senior vice president at Ansys. “Together, Keysight and Ansys will continue to increase the integration of our tools and explore ways for providing additional modeling capabilities to engineers developing innovations in 5G, aerospace/defense and automotive industries.”

About Ansys

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visit www.ansys.com for more information.

SAN RAFAEL, CA, USA, Feb 24, 2021 – Autodesk, Inc. (NASDAQ: ADSK) announced it has signed a definitive agreement to acquire Portland, Oregon-based Innovyze, Inc., a global leader in water infrastructure software, for $1 billion net of cash subject to working capital and tax closing adjustments. The acquisition positions Autodesk as a technology leader in end-to-end water infrastructure solutions from design to operations, accelerates Autodesk’s digital twin strategy, and creates a clearer path to a more sustainable and digitized water industry.

Innovyze’s modeling, simulation, and predictive analyses solutions enable more cost-effective and sustainably designed water distribution networks, water collection systems, water and wastewater treatment plants, and flood protection systems. Further, Innovyze’s solutions centralize infrastructure asset visibility to optimize capital and operational expenses. Combining Innovyze’s portfolio with the power of Autodesk’s design and analysis solutions, including Autodesk Civil 3D, Autodesk InfraWorks, and the Autodesk Construction Cloud, offers civil engineers, water utility companies and water experts the ability to better respond to issues and to improve planning.

For 35-years, Innovyze has been building innovative software for the water industry and is trusted by approximately 3,000 customers worldwide, including utility companies in many of the most populous cities across five continents, a majority of ENR’s top design firms, and leading environmental and engineering consultancies.

Today, more than two billion people lack access to safe drinking water at home, and by 2025 more than two-thirds of the world’s population will reside in water-stressed areas.

“We can achieve a more sustainable planet, but we can’t do it without responsibly managing our use of water and securing its future,” said Andrew Anagnost, Autodesk president and CEO. “An estimated $1.9 trillion is required to address global water infrastructure needs by 2030, and by fundamentally changing the way systems are designed, constructed, and operated, we are best positioned to overcome this challenge and realize the better world we’ve imagined.”

“Nearly nine trillion gallons of water are lost each year worldwide due to prolonged leaks and pipe breaks, but we cannot manage or fix what we cannot see,” said Amy Bunszel, Executive Vice President, AEC Design Solutions at Autodesk. “Innovyze’s portfolio of operational analytics, distribution modeling, and asset management solutions provides the insight needed to identify this and other potential problems before they become a crisis.”

“For thirty-five years Innovyze has been a hidden part of the daily lives of millions of people around the world, helping to deliver fresh, clean water, managing sewage and flooding in our communities, and turning wastewater into safe water,” said Colby Manwaring, CEO of Innovyze. “Similarly, if you look at the built world around us, Autodesk’s design DNA is found in just about every structure you see above ground and below, so it makes strategic sense to bring together our complementary organizations critical to much of the world’s population. We look forward to completing the acquisition and getting to work, together.”

For more information on the acquisition, please see the accompanying PDF here.

The transaction is subject to customary closing conditions and is expected to close during Autodesk’s first quarter of Fiscal Year 2022, ending April 30, 2021.

About Autodesk

Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.

ROCK HILL, SC, USA, Feb 24, 2021 – 3D Systems (NYSE:DDD) announced that it will delay its fourth quarter and full year 2020 conference call, previously scheduled for February 25, 2021.

3D Systems will release its financial results for the fourth quarter and full year 2020 and file its Annual Report on Form 10-K after the U.S. stock markets close on Monday, March 1, 2021. The company will hold a conference call and simultaneous webcast to discuss these financial results the next morning, Tuesday, March 2, 2021, at 8:30 a.m. Eastern Time.

In the course of preparing the company’s financial results for the fourth quarter and full year 2020, the company discovered certain internal control deficiencies. As a result, the company may report one or more material weaknesses in internal controls in its upcoming fiscal 2020 Annual Report on Form 10-K. As of the date of this release, there have been no misstatements identified in prior year financial statements as a result of these deficiencies, and the company expects to timely file its Form 10-K on March 1, 2021. Please refer to the upcoming fiscal 2020 Annual Report on Form 10-K for more information.

The company is reaffirming preliminary financial data for the quarter ended December 31, 2020 previously announced on January 7, 2021. The company continues to expect revenue for the fourth quarter of 2020 will be in the range of $170 million to $176 million, fourth quarter GAAP operating (loss) income will be in the range of $(8.6) million to $0.5 million, and fourth quarter non-GAAP operating income in the range of $11 million to $19 million⁽¹⁾. The GAAP operating loss for Q4 2019 was $(4.7) million and for Q3 2020 was $(67.6) million. The expected fourth quarter 2020 non-GAAP operating income range compares favorably to the non-GAAP operating income of $5.6M reported in Q4 2019 and $0.0M reported in Q3 2020.

The preliminary financial data above remains subject to audit, review or other procedures by the company’s independent registered public accounting firm. As a result, actual results may differ from the preliminary results shown above and will not be publicly available until the company reports its fourth quarter and full year 2020 results.

⁽¹⁾ See Appendix for reconciliation of GAAP and non-GAAP operating loss.

Conference Call Details

1. Conference Call Details
2. Date: Tuesday, March 2, 2021
3. Time: 8:30 a.m. Eastern Time
4. Listen via webcast: www.3dsystems.com/investor
5. Participate via telephone: 201-689-8345

The webcast replay will be available approximately two hours after the end of the conference call at www.3dsystems.com/investor.

About 3D Systems

More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction – empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the company is available at www.3dsystems.com.

The agreement allows Stratasys to expand its footprint in the local market with its production-grade FDM® & PolyJetTM 3D printing solutions in India.

Mumbai – (Feb 24, 2021) – ARK Infosolutions Pvt Ltd (ARK), a leading value-added distributor in India, signs an agreement with Stratasys (Nasdaq: SSYS). With this inclusion of commercial, professional, & industrial Stratasys printers, ARK will further fortify its distribution position in the 3D printing market space. Stratasys is a global leader in additive manufacturing or 3D printing technology and is the manufacturer of FDM®, PolyJetTM, 3D printers.

ARK joined the Stratasys partner network to expand 3D printing adoption and its market outreach in India, therefore enhancing local access to the latest technologies that Stratasys has to offer. This partnership comes at a time when additive manufacturing (AM) is transforming product design, production, and service. AM enables on-demand production without dedicated equipment or tooling, unlocks digital design tools, and offers breakthrough performance and unparalleled flexibility across industries. Through this partnership, ARK plans to reach newer markets, accelerate growth and bring mutual benefit to its customers.

Rishi Khemka, CEO, ARK Infosolutions Pvt Ltd, views this opportunity as an important milestone towards expanding the range of additive manufacturing or 3D printing product distribution in India. He said, “Professional users are reinventing design, manufacturing, and unlocking the different ways to manufacture production parts or product itself. In this current crisis, we saw many innovative products manufactured through 3D printing technology with quality, less time-to-market, and cost. It’s a testament to how 3D printers have taken shape. We are committed and hoping it will further improve Stratasys product reach and help companies with their engineering innovation under these challenging times.”

“This partnership reflects our interest to collaborate with companies that share our vision to empower customers to innovate and reimagine the way they design and manufacture their products. With increased portfolio from the recent acquisitions of Origin and RPS, we aim to continue serving our customers with latest technologies from Stratasys and best in class partners to support them”, said Mr. Rajiv Bajaj, Managing Director Stratasys India and SEA For more information on ARK’s product offering and services,

visit https://www.arkinfo.in/stratasys 

Stratasys (Nasdaq: SSYS) is a global leader in additive manufacturing or 3D printing technology and is the manufacturer of FDM®, PolyJet™, and stereolithography 3D printers. The company’s technologies are used to create prototypes, manufacturing tools, and production parts for industries, including aerospace, automotive, healthcare, consumer products, and education. For more than 30 years, Stratasys products have helped manufacturers reduce product development time, cost, and time-to-market, as well as reduce or eliminate tooling costs and improve product quality. The Stratasys 3D printing ecosystem of solutions and expertise includes 3D printers, materials, software, expert services, and on-demand parts production.

To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including the company’s websites, to share material, non-public information pursuant to the SEC’s Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. Stratasys is a registered trademark and the Stratasys signet is a trademark of Stratasys Ltd. and/or its subsidiaries or affiliates. All other trademarks are the property of their respective owners.

About ARK:

Founded in 2012, ARK Infosolutions Pvt. Ltd. (ARK) is a niche player and a leading value-added distributor of Technology Products in India for the industry segments like Animation, Architectural Engineering & Construction, Gaming, Graphic Design, Digital Manufacturing Solutions, Product Design & Education.

Headquartered in New Delhi with 330+ employees spread across major cities in India including Mumbai, Pune, Bangalore, Chennai, and Hyderabad. Increasingly, the company has become one of the key partners of leading brands, through a focused investment approach that has supported and fueled growth for everyone.

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PITTSBURGH, PA, USA, Feb 23, 2021 – Ansys (NASDAQ: ANSS) and Siemens Energy are partnering to offer an improved design process for creating additive manufacturing (AM) parts. The collaboration unites Siemens Energy’s powder bed fusion (PBF) AM printing process with Ansys simulation solutions — empowering AM designers to generate ultra-precise parts, significantly reduce production time and expedite products to market.

Homogenized lattice structure from Ansys Material Designer captures desired stress redistribution

While many companies across sectors employ AM within their engineering organizations, designers often lack expertise in AM manufacturing, print preparation and simulation tools. This typically results in the production of numerous physical prototypes, unnecessarily inflating budgets and development time. Together, Ansys and Siemens Energy will train engineers to decrease costly production rework and provide affordable next-generation AM printing solutions, so new products can be developed with increased speed and quality for global customers.

Ansys Additive accurately predicts transition print distortion validated post-print

The new partnership powers interoperability between Ansys and Siemens Energy AM technologies to help train designers to affordably produce highly complex parts that cannot be created by conventional manufacturing. Educated on this new AM design process, designers will harness Ansys simulation solutions to lessen the guesswork in product design and validate highly sophisticated part geometries. Leveraging more than a decade of AM experience on gas turbines and other rotating equipment, Siemens Energy can provide real-world application support across the entire design-to-manufacturing value chain for companies looking to bridge toward 3D print capabilities.

“Siemens Energy’s extensive expertise in functional AM printing applications, combined with Ansys’ game-changing AM design technologies improves how organizations of all sizes cost-efficiently produce highly complex parts. Engineering teams’ paramount goal is to print parts right the first time and this partnership makes training them on that task possible,” said Quan Lac, Head of Additive Manufacturing, Americas at Siemens Energy. “Together, we will train our joint customers to design and build products faster, ensuring customers receive new innovations with markedly greater speed.”

“Our partnership with Siemens Energy brings new AM capabilities to engineers across industries, delivering dynamic insights that will radically advance the AM industry and increase new product innovation,” said Shane Emswiler, senior vice president at Ansys. “By breaking the constraints of traditional manufacturing, we are training designers to turn their visions into reality and substantially improve productivity.”

About Ansys

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. For more information, visit www.ansys.com.

PITTSBURGH, PA, USA, Feb 23, 2021 – Ansys (NASDAQ: ANSS) is equipping engineering teams to cut development time, boost productivity and speed innovation through the launch of Moxie. The new product enables engineers to run and analyze SysML behavioral models in virtual environments and confirm these designs represent systems that will satisfy mission performance requirements—from military aircraft performing reconnaissance to automated cars navigating cities to satellites capturing photos of forest fires.

Moxie executing a SysML state machine in a virtual environment to evaluate how a system architecture functions in a mission scenario

Defining systems requirements with formalized SysML is becoming increasingly popular. However, if engineering teams do not evaluate and validate SysML architectures within a physics-based, virtual representation of their system’s operating environment, there is significant programmatic risk that the physical system resulting from the virtual system design will not satisfy mission performance objectives. A next-gen digital mission engineering solution, Moxie uniquely delivers continuous event detection during simulation runs, synchronizes execution of multiple simulation technologies and provides customizable levels of simulation fidelity.

Moxie reduces programmatic risk and costly rework by integrating SysML authoring tools with mission modeling tools such as AGI’s Systems Tool Kit (STK). Running SysML behavioral architectures in virtual operating environments enables engineers to validate system models against mission-level requirements rather than waiting to perform validation in the lifecycle when physical systems are available. Using Moxie, engineers also gain the unique ability to virtually assess their systems against potential new use cases — a task that would be too expensive or impossible to complete with physical systems.

“Moxie allows the Parsons team to model operational functions in our MBSE tool, Cameo, using state machine and activity diagrams and evaluate those processes in STK. This expands upon our current capability of requirements trace and complements our Phoenix Model Center MBSE capability,” said Stephen Thomas, technical director at Parsons. “We have been demonstrating this capability to model all the activities related to missile defense and evaluate how those processes affect the performance requirements of the sensors, interceptors and command and control.”

“Through our acquisition of AGI and the introduction of Moxie, Ansys is empowering engineers to virtually evaluate and improve their SysML behavioral models within real-world environments, using time-synchronized, event-based, executable architectures,” said Shane Emswiler, senior vice president at Ansys. “By analyzing and validating their system models against mission-level requirements earlier in the product lifecycle, engineers can confidently and cost-effectively forecast mission outcomes and appraise capability performance.”

About Ansys

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. For more information, visit www.ansys.com.

FORT WORTH, TX, USA, Feb 23, 2021 – The latest release of Pointwise’s computational fluid dynamics (CFD) mesh generation software includes a native interface to the AzoreCFD flow solver.

A Pointwise mesh and AzoreCFD simulation result for a branching HVAC air supply duct for an office building. The CFD simulation results show flow pathlines colored by total velocity.

“Pointwise is committed to empowering solver development of any type, which is why we developed a flexible and powerful plugin SDK for mesh export and import,” said Patrick Baker, Pointwise’s director of product development. “Our latest release includes a plugin authored by Azore Software that writes files in their AzoreCFD flow solver’s native format.” In addition to the AzoreCFD plugin, Pointwise Version 18.4 R3 includes several smaller productivity enhancements.

Customers can immediately download Pointwise V18.4 R3 from www.pointwise.com/downloads.

About Pointwise

Pointwise, Inc. is solving the top problem facing computational fluid dynamics (CFD) today – reliably generating high-fidelity meshes. The company’s Pointwise software generates structured, unstructured, overset and hybrid meshes; interfaces with CFD solvers such as ANSYS FLUENT, STAR-CCM+, OpenFOAM, and SU2 as well as many neutral formats, such as CGNS; runs on Windows, Linux, and Mac, and has a scripting language, Glyph, that can automate CFD meshing. Manufacturing firms and research organizations worldwide have relied on Pointwise as their complete CFD preprocessing solution since 1994. For more information, visit https://www.pointwise.com.

About AzoreCFD

AzoreCFD is a Computational Fluid Dynamics (CFD) software tool for analyzing fluid flow and heat transfer. CFD provides engineers and scientists a method for analyzing a wide array of fluid mechanic, thermal, and chemical problems numerically on a computer. Many different types of fluid dynamic situations can be simulated using AzoreCFD, including air, gas, liquid, or particulate-laden flows. For more information, visit https://www.azorecfd.com.

CINCINNATI, OH, USA, Feb 23, 2021 – PROLIM wins contract with ACI to deploy Teamcenter X  software – the new software as a service (SaaS) PLM offering for digital transformation from Siemens Digital Industries Software. ACI has been growing since 1960 and pioneered in providing manufactured products, engineered solutions and performance software for reciprocating compressors.

Being known as “The Compressor Experts”, ACI has been working with PROLIM and Siemens, using Solid Edge software for designing and developing compressors and control devices. ACI is innovating new products and modernizing the existing ones with software enabled for digital transformation. “The most intriguing part of Teamcenter X is the complete SaaS platform. We are very excited about the increased functionality, increased accessibility, and decreased management of the PLM,” says Joe Reiheld, VP of Engineering at ACI Services.

Teamcenter X, a cloud-based Product Lifecycle Management (PLM)-as-a-service innovation platform, offers the convenience of choosing from pre-configured engineering and business solutions that deliver immediate value, with the flexibility to add more capabilities as business needs grow. Teamcenter X brings the power of the cloud to all users, to help reduce time-to-market and connect distributed, cross-disciplinary teams while improving effectiveness and efficiency at any scale. “Combining traditional PLM with cloud computing allows PLM to be available anywhere and, on any device, reduce IT resource needs, and keep up with the latest innovative technology, while enabling enterprises to move the investment from a capital expenditure to an operational expenditure,” says Prabhu Patil, Founder & CEO of PROLIM.

“Teamcenter X is a true cloud solution, building on our PLM expertise and leveraging the modern technology of microservices, artificial intelligence, and low-code development”, said Joe Bohman, Senior Vice President for Teamcenter, Siemens Digital Industries Software. “Our partnership with PROLIM is an excellent example of how we can help companies of every size achieve digital transformation with instant-on value and a solution that grows with them. I’m excited to see how ACI’s expertise in the compressor industry combined with Siemens expertise in PLM is going to help them drive the innovations of tomorrow.”

About PROLIM

PROLIM is a leading provider of end-to-end IoT, IT and PLM solutions for 400+ customers in Aerospace, Automotive, Healthcare and Industrial Machinery with global operations in the USA, Canada, Europe and India. PROLIM helps customers to improve profitability and efficiency by providing PLM, CAD, CAM, IoT Solutions, Advisory, and Engineering consulting services to worldwide businesses of all sizes, including many Fortune 500/1000 companies. For more information, visit https://www.prolim.com.

About ACI

ACI Services, Inc.’s vision is to provide manufactured products, engineered solutions and performance software for reciprocating compressors, and to earn customer recognition for its innovation, technical superiority, customer service and product quality. ACI Services, Inc. holds patents and patent-pending status on various engineered products. ACI Services, Inc. started in 1960 as Yorde Machine Products. Since then, ACI has grown and maintained its reputation for excellence in compressor performance and cylinder design. For more information, visit https://aciservices.