SEOUL, South Korea and PLANO, Texas, Sept. 29 /PRNewswire/ -- Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced they are providing Power & Industrial Systems Performance Group of HYOSUNG with additional seats of Solid Edge(R) software with Synchronous Technology, bringing their total seat count of Siemens PLM Software technology to more than 100.

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Power & Industrial Systems Performance Group of HYOSUNG, which originally deployed Solid Edge in 2001, will expand its existing deployment of Solid Edge with additional seats to accelerate its process of innovation and improve its product development quality, while reducing time to market. The company has conducted a series of customized Solid Edge training sessions for its new and existing designers and plans to use the software for all current and future design processes.

Solid Edge with synchronous technology is a core component of the Velocity Series(TM) portfolio and combines the speed and flexibility of direct modeling with the precise control of dimension-driven design, providing a fast, flexible design experience.

Power & Industrial Systems Performance Group of HYOSUNG currently uses the Teamcenter(R) platform, Siemens PLM Software's digital lifecycle management solution, as its product data management solutions to enhance process transparency and information sharing across the enterprise.

"The new version of Solid Edge with synchronous technology allows Korean companies to enhance their process of innovation," said Kwon Kyung Ryul, vice president and managing director, Siemens PLM Software, Korea. "Siemens PLM software will continuously endeavor to provide industry leading solutions to leading Korean corporations like Power & Industrial Systems Performance Group of HYOSUNG."

About Power & Industrial Systems Performance Group of HYOSUNG

Power & Industrial Systems Performance Group of HYOSUNG reports an outstanding growth rate among the 7 performance groups (PG) of Hyosung Group, one of Korea's leading enterprises with business areas from textile to heavy industries with strong performance in trade as well as chemicals, construction and information communications. Based on this growth rate, its businesses covers more than 150 countries with global network in North America, Europe, South-east Asia and the Middle East and it expects to achieve more than USD 1.9 billion this year. For more information on Power & Industrial Systems Performance Group of HYOSUNG, please visit www.hyosung.com.

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 5.5 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About the Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg), a division of the Siemens Industry Sector, is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers -- from product design and development to production, sales and a wide range of maintenance services.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Solid Edge, Velocity Series and Teamcenter are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

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http://www.hyosung.com/
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