VISTAGY Partners with ITS for Russia Aerospace Market
WALTHAM,
MA, Mar 19, 2009 - VISTAGY, Inc., a leading provider of industry-specific
engineering software and services, today announced a strategic partnership
with Innovation Technologies and Solutions (ITS), one of the foremost
technology sales and support organizations in the dynamic Russian aerospace
market. The partnership will enable ITS to provide the most advanced
software for engineering composite aircraft and will extend VISTAGYs global
reach by developing a significant presence in a critical emerging market.
VISTAGY and ITS are enjoying explosive growth in the Russian market as the
companies have collaborated on the sale of FiberSIM composites engineering
software for three high profile commercial aircraft programs. FiberSIM is being
used to design and manufacture composite fuselages and wings.
Moscow-based ITS was founded in 2007 by Igor Kremenskov, the companies
director general who is well known and esteemed in the Russian aerospace
industry. ITS is a thought leader in the Russian aerospace market. It has
recently held a number of industry seminars focused on composites, including the
use of advanced materials in the development of helicopter and commercial
aircraft programs as well as best practices for composites manufacturing.
The use of composite materials is growing so fast in the Russian aerospace
industry that there's a critical need for specialized engineering solutions that
address the complexity of the product development process. We are extremely
pleased to be working with VISTAGY, a global leader in this area, said Mr.
Kremenskov. FiberSIM is the benchmark software available to engineer composite
products, and were confident that we can help VISTAGY continue to extend its
worldwide leadership position.
The Russian aerospace market is developing at a swift pace and ITS is well
positioned to support the growth due to its deep expertise in this area, said
Steve Luby, president and CEO of VISTAGY. Director General Kremenskov is a very
well known and respected figure in the industry and will be invaluable in
developing effective solutions and strong relationships with customers and
prospects. Our partnership with ITS will enable VISTAGY to make an impact in a
market that is rapidly adopting new technologies in order to better compete in
the global landscape and will also ensure that our customers are well supported
and successful in their efforts do so.
About ITS
ITS is an actively developing and fast growing company, which focuses mainly
on delivering high-end technological design and manufacturing solutions to major
industrial companies of the Russian Federation, primarily in the aerospace
industry. ITS is an authorized agent for VISTAGY and an official representative
of Siemens PLM Solutions, ACB S.A., and MSC.Software.
About VISTAGY
VISTAGY, Inc. is a leading global provider of engineering software and
consulting services that optimize product development processes by enhancing the
functionality of commercial 3D CAD systems. For almost 20 years, VISTAGY has
been a pioneer in providing industry-specific solutions that capture complete
virtual product definitions and facilitate automatic reuse and efficient
exchange of engineering information across the enterprise and supply chain.
VISTAGY solutions help customers deliver robust products on time and on budget
by increasing productivity, improving communication throughout the product
lifecycle and enabling better-informed decision-making early in the design
process. The company's customers include over 200 of the world's leading
manufacturers in the aerospace, automotive, transportation interiors and wind
energy industries. VISTAGY is headquartered in Waltham, Massachusetts, USA.
For more information, visit
www.vistagy.com.
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See Also
VISTAGY website
MCAD -
Specialized products and companies - list by TenLinks.com
Additional News
Jan 12 - Chinese Aircraft Industry Adopts VISTAGY's FiberSIM Jan 7 - NIAR at Wichita State University to Use VISTAGY FiberSIM Dec 1 - VISTAGY Releases Seat Design Environment 2009 Nov 10 - VISTAGY FiberSIM to Integrate with BETA CAE ANSA Sep 9 - Turkish Aerospace Industries Selects VISTAGY FiberSIM Jun 11 - VISTAGY Creates VP Marketing Post for Joshua Fredberg Jun 10 - VISTAGY Ships SyncroFIT 2009 for Aircraft Manufacturing May 21 - VISTAGY VP to Present at Siemens PLM Connection Apr 3 - Premium AEROTEC Picks VISTAGY FiberSIM For Composite Design Mar 24 - VISTAGY Introduces AeroSuite for Aircraft Manufacturing Mar 24 - VISTAGY Announces FiberSIM 2009 for Composites Designs Mar 19 - VISTAGY Partners with ITS for Russia Aerospace Market Feb 5 - GM Purchases VISTAGY's SDE to Use in Engineering Operations Jan 29 - VISTAGY '08 Revenue Up 30% Dec 04 - France's Faurecia Selects VISTAGY Seat Design Environment Nov 20 - Germany's HDW Selects VISTAGY FiberSIM Sep 23 - VISTAGY, CGTech Join to Offer FiberSIM-VERICUT Integration Aug 26 - CSM Vigyan to Sell VISTAGY Products in India
Source: Material used in press releases is often supplied by external
sources and used as is.
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