Autodesk Establishes R&D Center in Israel
TEL AVIV, Israel,
Feb 08, 2010 - Autodesk, Inc. (NASDAQ:ADSK), a leader in 2D and 3D design, engineering and
entertainment software, has established a research and development center in Tel
Aviv, to help drive the development of emerging technologies such as web-based
design and collaboration software. With the addition of Israel to Autodesk's
global development network, Autodesk now operates development centers in more
than 14 countries around the world.Through the acquisition of privately held
Tel Aviv-based software firm PlanPlatform, Ltd. in November 2009, Autodesk
gained a talented team of Israeli developers who will help Autodesk further
expand its expertise in emerging technologies and remote application
delivery, building upon Autodesk's past development in this space. The new
Autodesk Israel Research and Development Center will compliment Autodesk's
existing sales presence in Israel through its value added channel Omnitech.
"Through our new presence in Tel Aviv, Autodesk will be able to better
leverage Israel's excellent educational institutions and the growing talents
in the Israeli software industry," said Amar Hanspal, Autodesk senior vice
president, platform solutions and emerging businesses. "We look forward to
being an active participant in Israel's thriving high-tech community and
continuing the global democratization of design technology via the web."
The Autodesk Israel team in Tel Aviv recently completed their first
Autodesk project, a technology preview called Project Butterfly, which
debuted on Autodesk Labs earlier this year. The Project Butterfly Technology
Preview extends the AutoCAD experience onto the web by enabling users to
view, edit, and collaborate on DWG drawings in real-time with colleagues and
clients online without downloading any software.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks
and uncertainties, including statements regarding development centers,
employees, expertise and technology acquired from PlanPlatform, Ltd., and
planned technical development and product offerings. Factors that could
cause actual results to differ materially include: difficulties encountered
integrating PlanPlatform's employees, technology and products; whether
certain market segments grow as anticipated; the competitive environment in
the software industry and competitive responses to the acquisition; and
whether Autodesk can successfully develop new products or modify existing
products and the degree to which these gain market acceptance.
Further information on potential factors that could affect the financial
results of Autodesk are included in the company's annual report on Form 10-K
for the year ended January 31, 2009, and Form 10-Q for the quarter ended
October 31, 2009, which are on file with the Securities and Exchange
Commission.
About Autodesk
Autodesk, Inc., is a world leader in 2D and 3D design, engineering and
entertainment software for the manufacturing, building and construction, and
media and entertainment markets. Since its introduction of AutoCAD software
in 1982, Autodesk continues to develop the broadest portfolio of
state-of-the-art software to help customers experience their ideas digitally
before they are built. Fortune 100 companies -- as well as the last 14
Academy Award winners for Best Visual Effects -- use Autodesk software tools
to design, visualize and simulate their ideas to save time and money,
enhance quality, and foster innovation for competitive advantage.
For additional information about Autodesk, visit
www.autodesk.com.
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Autodesk Website
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