BOSTON, MA, USA, Apr 29, 2021 – PTC (NASDAQ: PTC) has released the eighth edition of its award-winning Creo computer-aided design (CAD) software. Creo 8.0 empowers increases in user productivity through expansions to Creo’s Model Based Definition (MBD), Generative Design, and Ansys-powered simulation capabilities.

Purpose-built to solve for key design pitfalls experienced by engineering executives, end users, and managers, the features and functionalities of Creo 8.0 empower the entire CAD value chain to optimize design efficiency and production. “Creo 8.0 is really a step forward, and I’m pleased to be able to incorporate it into my design process,” said Tiago Figueiredo, Tooling Engineer, MCG. “The new features, user interface, and tree management are all quite impressive, and I look forward to leveraging it further.”

Enabling users to take design processes to the next level, Creo 8.0 includes enhancements for:

1. Usability and Productivity: Updates across many areas of the core modeling environment like the hole feature, routed systems, sheet metal, and Render Studio enable greater productivity; improved dashboards and model tree interfaces make it easier to organize and manage complex designs.
2. MBD: Improvements to MBD workflows support reductions in time-to-market, errors, and cost without sacrificing quality. Users can now leverage guided application of validated geometric dimensioning and tolerancing in assemblies, simplifying the design validation process.
3. Simulation: Enhanced steady state fluids capabilities and improved mesh controls in the award-winning Creo Simulation Live and Creo Ansys Simulation products drive design innovation.
4. Generative Design: The innovative Generative Design function in Creo now automatically determines its own solution envelope while handling drafted and tight-radius manufacturing requirements more broadly.
5. Additive and Subtractive Manufacturing: Lattice structures can now be optimized using simulation results to minimize build time and part weight. Creo 8.0 also includes expanded high-speed milling toolpaths to five axes, enabling reduced set-up and machining time.

“The Creo team is proud to deliver a great balance of productivity improvements that every user will appreciate, along with expanded capabilities across the major technology areas of simulation, generative design and additive manufacturing,” said Brian Thompson, Divisional Vice President and General Manager, CAD, PTC.  “I’m confident that Creo 8.0 will help drive innovation and greater productivity.”

To learn more about the advancements in Creo 8.0, please click here or speak to a Creo Sales Representative today.

About PTC (NASDAQ: PTC)

PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it. For more information, visit PTC.com, @PTC, Blogs.

Invitation

EDEN PRAIRIE, MN, USA and REHOVOT, Israel, Apr 29, 2021 – Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, introduced three new 3D printers that together address a large portion of the multibillion-dollar market opportunity in additive manufacturing of end-use parts. The systems collectively are aimed at accelerating the shift from traditional to additive manufacturing for low-to-mid-volume production applications underserved by traditional manufacturing methods.

 Stratasys H350 3D printer is designed for the production of thousands of parts as additive manufacturing at higher volumes gains momentum in the industry.

“We are accelerating into the Additive Manufacturing 2.0 era, in which we see global manufacturing leaders move beyond prototyping to fully embrace the agility that 3D printing brings to the entire manufacturing value chain,” said Stratasys CEO Dr. Yoav Zeif. “The disruptions we are seeing today on both the supply and demand side of global supply chains are a clear sign that the status quo isn’t working. Additive manufacturing gives companies the total flexibility to decide when, where, and how to produce parts. That’s why we’re committed to being the complete provider of polymer 3D printing solutions for our world-class customer base.”

Last year, Stratasys accrued more than 25% of its revenue from manufacturing-related applications. Going forward, with a comprehensive and integrated portfolio of 3D printing hardware, software, materials and services solutions, Stratasys estimates that its manufacturing revenue growth will outpace other segments, growing at an annual rate of over 20% starting in 2022.

Stratasys Origin One Brings Production Scale 3D Printing for Detailed and Intricate Parts

Illustrating Stratasys’ ability to quickly execute on integrating its acquisition of Origin, Stratasys today introduced the Stratasys Origin® One 3D printer, designed for end-use manufacturing applications. The new 3D printer uses proprietary P3™ technology and a software-first architecture to produce parts at volume in a wide range of open, certified third-party materials with industry-leading accuracy, detail, finish, repeatability, and time to part. That technology combined with hardware upgrades enabled Stratasys to optimize virtually all aspects of the system in the new version of the product to improve reliability and performance. Cloud connectivity means customers will receive additional feature improvements.

“We have been laser-focused on meeting stringent accuracy and repeatability criteria for 3D-printed connectors that require double-digit micron accuracy,” said Mark Savage, Global Center of Excellence Leader for additive manufacturing at TE Connectivity (NYSE: TEL), a world leader in connectors and sensors and long-time customer of both Stratasys and Origin. “Stratasys and Origin have been great partners in helping us achieve these targets and demonstrating the possibilities of using additive manufacturing at the scale of tens of thousands of parts. Today, we’re seeing the hardware, the software, and the materials from Stratasys really come together to begin making production scale a reality for us. We believe this helps make TE Connectivity a more agile and cost-effective partner for many of the world’s leading OEMs in industries from automotive to aerospace to appliances as we work to build a more connected future.”

Internal Stratasys estimates suggest a $3.7 billion market opportunity by 2025 for the production-oriented segments suited to the Origin One, including automotive, consumer goods, medical, dental, and tooling applications. Stratasys plans to begin taking orders for the printer, post-processing and related software through its worldwide channel beginning in May.

SAF Technology Powers New H350 3D Printer for Production Scale

Stratasys also introduced today the Stratasys H350 3D printer, the first 3D printer in Stratasys’ new H Series™ Production Platform. Powered by SAF technology, the new H350 printer delivers production-level throughput for end-use parts. It’s designed to give manufacturers production consistency, a competitive and predictable cost per part, and complete control for the production of thousands of parts. The H350 printer even includes about a dozen different parts 3D-printed with SAF technology.

The H350 printer has been in beta testing since early 2021 with service bureaus and contract manufacturers in Europe, Israel, and the United States, including Stratasys Direct Manufacturing, which is now selling parts on demand using the system. It is expected to ship more broadly to customers in Q3 of this year. Applications include end-use parts such as covers, connectors, hinges, cable holders, electronics housings, and ducting.

“We have ambitious plans to grow our business and we believe adding a Stratasys H350 can be a key component of that growth,” said Philipp Goetz, owner of Goetz Maschinenbau, a Germany-based service bureau. “We have fulfilled orders for both large parts as well as up to several hundred smaller parts. We have been impressed with the performance of the system and SAF technology, with consistent parts throughout the build volume. The system has also been remarkably reliable.”

Stratasys is using certified third-party materials for H Series systems. The initial material is Stratasys High Yield PA11, which is a bio-based plastic made from sustainable castor oil.

Making Easy Work of Big Parts with F770 FDM 3D printer

The third new system announced today, the Stratasys F770 3D printer, builds on Stratasys’ reputation for reproducibility and dependability via industrial-grade FDM technology. Ideal for big parts, this newest FDM 3D printer features the longest fully heated build chamber on the market and a generous build volume of over 13 cubic feet (372 liters).

The new system, priced under $100,000, is designed for prototyping, jigs and fixtures, and tooling applications requiring standard thermoplastics. Soluble support material simplifies post processing, while GrabCAD Print software streamlines workflow and enterprise connectivity is enabled through the MTConnect standard and the GrabCAD SDK.

Sub-Zero Group Inc., based in Madison, Wisc., manufactures luxury appliances, and has been a beta customer for the F770. Doug Steindl, corporate development lab supervisor, said it helps keep the printing of larger parts in-house, creating a cost savings of 30 to 40 percent. “It’s speed to market on everything,” he said. “Our 3D printing lab is faced with new product builds every six weeks. The faster we can turn things around, the better, and the quickest way we can do that is to keep as much in-house as possible. The F770 delivers on that need.”

A live event, with replay available, will be held on Wednesday, April 28, to provide more information on all three 3D printers and technologies.

About Stratasys

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

To learn more about Stratasys visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook.

MUNICH, Germany, Apr 29, 2021 – The Institute for Applied Construction Informatics (iabi) at Munich University of Applied Sciences is to be significantly expanded. The institute plans to appoint two professors for construction informatics and to create two positions for research assistants. To this end, a funding agreement was signed on Monday, 19 April 2021, between the the Munich University of Applied Sciences and the Nemetschek Innovation Foundation, which provides for the financing of these two academic staff members with a funding period of 10 years.

The virtual signing of the funding agreement: In the front Prof. Lothar Schmidt, Dean of the Faculty of Civil Engineering (left), Prof. Dr. Martin Leitner, President of the Munich University of Applied Sciences (right).

The new research assistants joining the iabi will work in the institute’s current field of research, which is data communication. The aim is to achieve a higher degree of interoperability of those working in the construction industry. In addition, the field of “Application of Artificial Intelligence in Civil Engineering” is to be more closely integrated into the institute’s profile.

In 1996, the civil engineer, scientist, and entrepreneur Prof. Georg Nemetschek – who is one of the pioneers of the digitalisation of the construction industry – established the non-profit Professor Georg Nemetschek Foundation for the benefit of the Faculty of Civil Engineering at the end of his many years of teaching at Munich University of Applied Sciences. The funds of this foundation were used, among other things, to successfully establish and further develop the iabi under the direction of Prof. Rasso Steinmann.

The Nemetschek Innovation Foundation was established by Prof. Nemetschek in May 2020. The foundation’s purpose is to promote science and research in the field of design, construction, and management of buildings, as well as to promote excellence and competence in the construction industry. Today’s Nemetschek SE, which was also founded by Prof. Nemetschek and whose roots go back to 1963, is one of the world’s leading suppliers of software solutions for the entire life cycle of buildings.

Prof. Georg Nemetschek explained the importance of this funding: ”According to a UN report, the construction and building industry is responsible for 38 percent of global CO2 greenhouse gas emissions. Only through the consistent digitalisation of the entire planning and construction process and through the cooperation of all those involved will the climate footprint and the productivity gap of the industry improve noticeably and sustainably. That is why it is important to strengthen Munich University of Applied Sciences’ focus on applied research by expanding iabi and enriching the teaching provision in the areas of construction informatics.”

“Prof. Nemetschek, as a professor, long-time dean, and benefactor, has promoted our Faculty of Civil Engineering like no other. The Innovation Foundation’s grant enables us to intensify applied research and teaching in important future fields of construction informatics,” said Prof. Dr. Martin Leitner, President of Munich University of Applied Sciences.

About Nemetschek Innovation Foundation

The Nemetschek Innovation Foundation was founded as a non-profit foundation under public law on May 13, 2020 by TUM Alumni Prof. Dipl.-Ing. Georg Nemetschek. The purpose of the foundation is to promote science and research in the field of design, construction, and operation and management of buildings as well as to promote excellence and competence in the construction industry. To this end, endowed professorships and endowed institutes at universities and colleges are to be financed in order to support Germany as a location to take a leading role in the technologically, economically, and socially important field of artificial intelligence (AI).

About Prof. Georg Nemetschek

The civil engineer Prof. Georg Nemetschek is one of the world’s pioneers of the digital transformation of the AECOM industry (Architecture, Engineering, Construction, Operating, Management) and has played a key role in shaping the digitalisation of the entire construction industry over the past 50 years as an entrepreneur and scientist.

About Munich University of Applied Sciences / iabi

Munich University of Applied Sciences is one of the largest universities in Germany, with around 500 professors, 750 lecturers, and around 18,000 students. It offers over 85 Bachelor’s and Master’s degree programmes in the fields of technology, economics, social sciences, and design. Excellently located in the business area of Munich, it maintains close contacts with professional practice and is committed to application-oriented teaching and research.

KRAILLING, Germany, Apr 29, 2021 – EOS, a leading supplier for responsible manufacturing solutions based on industrial 3D printing technology, has completed extensive testing of its EOS P 500 polymer system, assessing production suitability for series applications together with its Austrian customer 1zu1 from Dornbirn. Together, both have concluded that the system has the highest overall system effectiveness available on the market in terms of uptime, performance, and quality for industrial 3D manufacturing solutions. As a result, 1zu1 has now purchased two EOS P 500 polymer systems, enabling it to process customer orders even faster.

Managing Directors and founders 1zu1, Hannes Haemmerle and Wolfgang Humml, in front of EOS P 500 System

Hannes Hämmerle, CEO of 1zu1 Prototypen states: “Our company stands for precise, fast and highest quality industrial production.

The EOS P 500 fulfills all requirements for homogeneous and repeatable component quality while keeping production time short.”

He continues: “Parts produced on this system have dimensional accuracy very close to that of injection molded parts and can also keep up in terms of productivity.

With the EOS P 500 we can produce an exemplary build job of 2,400 pieces in 16 to 17 hours, this is about 25 seconds per part.

At the same time, we can process build jobs overnight that are ready to be unpacked the next morning, also enabling very short delivery times.”

QUEBEC, QC, Canada, Apr 29, 2021 – InnovMetric, the global leader in smart 3D metrology software solutions, announced that PolyWorks|Modeler 2021 introduces a new automatic surfacing technology that produces light NURBS surface models editable in CAD software and a streamlined reverse-engineering workflow that integrates automatic surfacing within an intuitive curve-based surfacing workflow. In addition to accelerating the creation of models for applications such as milling, high-end 3D visualization, aerodynamic simulation, and mold flow analysis, the PolyWorks|Modeler 2021 next-generation surfacing solution provides CAD designers with ideal patch layouts to initiate a design from a digitized physical object.

PolyWorks|Modeler, the reverse-engineering solution that enables true interoperability between digitized polygonal models and your CAD/CAM applications

“When they were invented 20 years ago, automatic NURBS surfacing technologies that replicate polygonal surfaces significantly accelerated certain simulation and machining processes. But their approach of covering polygonal surfaces with small tiles of similar size produces models that can hardly be edited in CAD software,” said Marc Soucy, President of InnovMetric. He added, “Several years ago, we started an audacious R&D project to develop a novel automatic surfacing paradigm that would produce CAD-friendly models. Today, it is an amazing feeling to see our idea coming to fruition and delivering major benefits to the reverse-engineering community.”

Automatic surfacing technology

PolyWorks|Modeler 2021 proposes an innovative automatic surfacing algorithm that draws characteristic curves over a polygonal surface and partitions the surface into a minimal number of patches:

1. Models a polygonal surface with a single click by automating the creation of curves and surface patches and fitting a continuous network of NURBS surfaces
2. Creates editable models suitable for CAD design and simulation applications by automatically bounding surface patches with continuous curves that naturally describe the part’s characteristics
3. Produces lighter models with better fitting accuracy and patch continuity for downstream applications by automatically adapting the patch size and aspect ratio to the part’s surface curvature

Simplified and accelerated reverse-engineering workflow

Integrating the automatic surfacing technology within an intuitive curve-based surfacing workflow allows users to get the efficiency benefits of an automated solution while enjoying the flexibility of interactively editing the curve network to create optimal surface models:

1. Automatic surfacing results can be edited to remove undesired features by adding, deleting, or reshaping curves, as would be done in a manual reverse-engineering workflow
2. The description of curves that are critical for your application, such as symmetry lines, part boundaries, and subtle feature lines, can be controlled by providing predefined curves to the automatic surfacing tool

Availability

PolyWorks|Modeler 2021 is available for download from InnovMetric.com and through InnovMetric’s PolyWorks reseller network.

About InnovMetric 

Founded in 1994 and headquartered in Quebec, QC, Canada, with subsidiaries worldwide, InnovMetric Software Inc. is the leading provider of universal 3D metrology software solutions. The world’s largest industrial manufacturing organizations (Toyota, GM, Volkswagen, Honda, BMW, Daimler, Ford, Rolls-Royce, Pratt & Whitney, Boeing, Embraer, Bombardier, Apple, and many more) trust InnovMetric’s PolyWorks® software solutions and associated technical services to maximize the benefits of 3D measurement technologies for their engineering and manufacturing applications.

With its subsidiaries and joint ventures, InnovMetric has 450 employees in 16 countries: Canada, United States, Mexico, Brazil, France, Italy, Spain, Czech Republic, Netherlands, Sweden, Turkey, South Africa, India, Thailand, China, and Japan.

To Help Infrastructure Projects in Asia Manage Risks and Avoid Delays, Meet Demand for New Construction 

EXTON, Pa. – April 27, 2021 – Bentley Acceleration Initiatives today announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves some of India’s leading construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro) and Welspun Enterprises. Founded in 2008, Nadhi was incubated in the IIT Madras Research Park with advisors from the IIT Madras Building Technology and Construction Management faculty and the Lean Construction Institute.

Bentley Acceleration Initiatives is the internal incubator for strategic investments of Bentley Systems (Nasdaq: BSY), the infrastructure engineering software company. Its objective is to bring together ecosystem partners in digital co-ventures. Nadhi brings to Bentley a critical mass of field-experienced professionals in construction automation, attuned to their region’s specific challenges and project dynamics. The acquisition strengthens Bentley’s focus on Asia, which is experiencing huge demand for new construction of infrastructure and has a keen appetite for digital workflows to help address this need. According to Fitch Solutions Country Risk and Industry Research, while China and the U.S. will remain the two highest-value construction markets globally, India and Indonesia will rise to the third and fourth highest-value markets by 2029.

Currently, project teams in Asia are often held back by conventional construction methodologies and obstacles to public cloud deployments, experiencing delays and cost overruns because of poorly coordinated schedules and the lack of visibility into project status. Project managers are looking for a solution that helps them interconnect their data silos—spanning documents, schedules, budgets, issues and risks, resources, and materials—all in one environment.

Some of the best-managed construction projects are now using Nadhi’s services to solve these challenges and improve their project delivery using digital workflows. Since offering lean construction consulting services in 2008, Nadhi has pioneered mobile-enabled project controls. In an offering explicitly configured for the needs of project teams in Asia, the integrated project controls in Nadhi’s nPulse software combines data-driven decision support and predictive analytics to give engineering and construction projects early warning of schedule risks and potential delays in milestone completion, advancing project planning and execution from reactive to proactive.

Dr. Ashit Gandhi, senior director, accelerated business development, Bentley Systems, said, “We are very pleased to welcome Nadhi’s construction automation experts as Bentley colleagues. Together, we see a significant new opportunity to help construction projects throughout Asia, especially for road and rail linear infrastructure, in ‘going digital’. Combining Nadhi’s proven project controls and analytics capabilities with Bentley’s SYNCHRO 4D construction modeling and field-based construction delivery will enable more integrated and efficient digital workflows, tailored specifically to Asian needs.”

Kalyan Vaidyanathan, CEO, Nadhi Information Technologies, said, “The whole team at Nadhi is excited to be joining Bentley Systems at this pivotal moment for India’s construction community. We look forward to deepening our capabilities in core areas of project controls and expanding our reach both in and beyond India for new opportunities. We believe, as part of Bentley, we will be even more strongly positioned to help our users to stay in control of their projects and to generate insights through analytics to avoid delays and improve confidence through visibility.”

Nadhi will add approximately 30 colleagues; its annualized revenues and profitability are not material to, and are not expected to meaningfully impact, the BSY financial outlook for 2021.

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About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.

www.bentley.com www.bentleyaccelerationinitiatives.com

© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, Nadhi, nPulse, ProjectWise, SYNCHRO, and SYNCHRO 4D are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. Nadhi and nPulse are registered trademarks of Nadhi Information Technologies Private Limited. All other brands and product names are trademarks of their respective owners.

•          Two world leaders in their sectors reconfirm their commitment to open new horizons in the construction industry, making it more efficient and sustainable
• ·         Three-year roadmap aims to accelerate research and development of new cloud-based, mobile-enabled approaches using a construction virtual twin
• ·         3DEXPERIENCE platform powers a new generation of collaborative construction experiences to simplify and streamline project organization and interactions across the value chain

• Tailor-made, qualitative experiences on the 3DEXPERIENCE platform will increase productivity, compliance and predictability for the benefit of Bouygues Construction customers

Paris — Wednesday, April 28, 2021 – Dassault Systèmes (Euronext Paris: #13065, DSY.PA) and Bouygues Construction today announced the renewal of their strategic partnership seeking to open new horizons in the construction industry.

The three-year renewal will accelerate the research and development of cloud-based and mobile-enabled systemic and modular approaches to transform the industry’s multiscale, fragmented ecosystems and address its sustainability challenges.

The two companies will primarily focus on the capacity provided by Dassault Systèmes’ 3DEXPERIENCE platform to collaborate throughout the lifecycle of a project as well as to create and model product lines, where interactions with developers, architects, subcontractors, suppliers, customers and operating companies are simplified and streamlined. The platform delivers capabilities for collaboration and innovation to on-site workers that will federate a project’s entire ecosystem.

The creation of a construction virtual twin will serve from design to operation by helping to industrialize project management.  Upstream of the value chain, this approach makes it possible to achieve the most appropriate design on the basis of the way the building is used. Processes can then be industrialized, anticipating the various phases of a project at the earliest possible stage and planning their on-site implementation in the finest detail. Energy savings and new field tracing and execution practices for waste management will be made possible.

Ultimately, a broad portfolio of tailor-made, qualitative functionalities aims to increase productivity in the field, improve quality, reduce errors, facilitate compliance with new sustainability standards and enable greater predictability on project delivery.

To achieve this, three industry solution experiences based on Dassault Systèmes’ 3DEXPERIENCE platform will be applied to the construction sector: “Integrated Built Environment,” “Inclusive Urban Future” and “Building Design for Fabrication.”

Philippe Bonnave, Chairman and Chief Executive Officer, Bouygues Construction, said: “Each project is unique, with its own specific set of demands. The challenges we face to meet the requirements of usage are becoming increasingly complex. Through our partnership with Dassault Systèmes, we are taking a different approach to developing the way we construct for our customers’ benefit, and potentially to improving how the sector addresses environmental challenges. This revolution can only be achieved by involving all project stakeholders in the creation of a virtual twin. Such a high level of collaboration calls for a single digital platform that will bring this ecosystem together.”

Bernard Charlès, Vice Chairman and CEO, Dassault Systèmes, said: “Ecosystems and projects are increasing in complexity and scale. We are convinced that a renaissance of the construction industry is possible – one that will make it more sustainable and more affordable.  This new level of integration will reduce waste and enable the construction life cycle by providing new capabilities to site workers to collaborate and innovate.  The success of our current projects with Bouygues Construction calls for an accelerated and extended cooperation to cover the wide diversity of construction projects. The 3DEXPERIENCE platform is providing a new generation of cloud-based, mobile-enabled virtual twin experiences to construction, thus being a game-changer in the industry’s transformation toward a more simplified, streamlined and sustainable one.”

Social media:

Share this on Twitter: @Bouygues_C and @Dassault3DS expand partnership to speed up digital transformation in the #construction industry #3DEXPERIENCE #BIM #INNOVATION

Connect with Dassault Systèmes on Twitter Facebook LinkedIn YouTube

Connect with Bouygues Construction on Twitter, Facebook, LinkedIn, YouTube, Instagram

For more information:

Dassault Systèmes’ industry solution experiences for the construction, cities and territories industry: https://ifwe.3ds.com/construction-cities-territories

Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

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About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual experience twins of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production. Dassault Systèmes brings value to more than 290,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com

3DEXPERIENCE, the Compass icon, the 3DS logo, CATIA, BIOVIA, GEOVIA, SOLIDWORKS, 3DVIA, ENOVIA, EXALEAD, NETVIBES, MEDIDATA, CENTRIC PLM, 3DEXCITE, SIMULIA, DELMIA, and IFWE are commercial trademarks or registered trademarks of Dassault Systèmes, a French “société européenne” (Versailles Commercial Register no. B 322 306 440), or its subsidiaries in the United States and/or other countries.

About Bouygues Construction

With 58,000 responsible and committed employees in more than 60 countries, Bouygues Construction designs, builds and operates projects in the sectors of building, civil works and energies and services. A leader in sustainable construction, the Group sees shared innovation as its primary added value and ensures that health and safety are its top priorities. It has pledged to cut its greenhouse gas emissions by 30% by 2030 and offers its customers a wide range of low-carbon solutions. In 2020, Bouygues Construction generated sales of €12 billion.

For more information: https://www.bouygues-construction.com/

PORTLAND, OR, USA and SUZHOU, China, Apr 28, 2021 – The IntelliCAD Technology Consortium (ITC) and Suzhou Gstarsoft Co. Ltd. (Gstar) are pleased to announce that they have reached a full and final global settlement resolving all disputes stemming from the parties’ prior business relationship, including a lawsuit filed by the ITC against Gstar pending in United States District Courts for the District of Oregon, and a lawsuit filed by Gstar against the ITC pending in the Intermediate People’s Court of Suzhou City, Jiangsu Province, People’s Republic of China.

In the United States lawsuit, the ITC had alleged that Gstar misappropriated and improperly used the ITC’s intellectual properties. Gstar denied the allegations, and maintained that it independently developed its products and has independent intellectual property rights. In the Suzhou lawsuit, Gstar sought a declaratory judgment of non-infringement.

The parties’ global settlement fully and conclusively resolves their disputes. No party has admitted any wrongdoing or liability, and there has not been any court finding as to the merits of the parties’ lawsuits. However, in order to resolve the disputes completely and avoid any future misunderstandings, the parties entered into a confidential settlement agreement.

The parties appreciate each other’s efforts in resolving this matter amicably.

About IntelliCAD Technology Consortium

The IntelliCAD Technology Consortium (ITC) is an independent, non-profit organization funded and directed by its members specifically for the development of the IntelliCAD technology. The ITC licenses the IntelliCAD technology to its commercial members, who in turn market and sell applications based on IntelliCAD to their end users. Commercial members have access to the IntelliCAD source code, documentation, developer support, and more. The ITC is also a founding member of the Open Design Alliance, thereby contributing to interoperability in the engineering industry. For more information, visit https://www.intellicad.org.

About Suzhou Gstarsoft Co., Ltd.

Suzhou Gstarsoft Co., Ltd. (“Gstar”) is a recognized leading provider of 2D/3D CAD software and solutions for industries involving AEC, Mechanical and Manufacturing, Electrical and Electronics, GIS, Survey and Mapping, Civil Engineering, etc. With nearly 30 years proud history of technology innovation and practice, Gstar is dedicated to providing fast, powerful and DWG-compatible CAD software and solutions for worldwide customers and partners. For more information, visit https://www.gstarcad.net.