Flomerics Celebrates 20th Anniversary
MARLBOROUGH,
MA, Jan 23, 2008 - Flomerics celebrates its 20th anniversary as an
independent company this year, placing it firmly into a rare and elite group
of companies that have prospered for such a long period. According to
Flomerics' founder, Dr David Tatchell, this landmark is a testimony to the
company's high-integrity, people-oriented culture and its core concept of
delivering engineering simulation software for use by designers and
engineers rather than just full-time analysts and specialists. Flomerics has
reached an age that puts it among the oldest companies involved in computer
aided engineering, and has just completed a record-breaking fiscal year
where it has achieved a new high in revenue and seen its worldwide customer
base grow to over 2,500 sites and over 7,000 individuals.

Flomerics celebrates 20 years as an independent
company and delivers another year of solid growth.
"Over the past 20 years the market has clearly validated our approach of
embedding powerful simulation software into the heart of our customers'
design processes," said Dr Mike Reynell, Flomerics' Director of Marketing.
"The key is to make simulation software easy to use for the people with the
responsibility for developing innovative products and processes that drive
their own companies' success."
The founders of Flomerics, David Tatchell and Harvey Rosten, first worked
together in the 1970s pioneering the commercial availability of CFD
technologies. As electronic devices became more powerful, it became
increasingly important to know a system's precise cooling requirements at
the design phase. Taking advantage of this market opportunity, Tatchell and
Rosten founded Flomerics in 1988 to develop CFD software that simulated
thermal exchange at the pre-prototyping phase of product development.
Tatchell served as Chief Executive Officer of Flomerics until his retirement
in 2006. Rosten led the development effort for the company's first products
but died tragically of a brain tumor in 1997.
The company's first product, Flotherm, was launched in September 1989 for
use in thermal design for electronic systems. Today, Flotherm remains the
clear market leader in this area with a client list that includes virtually
all the major electronics companies in the world. Flomerics' second product,
Flovent, was released in early 1990. This product simulates airflow in
buildings and is used to optimize heating, ventilation and air conditioning
in buildings. In 1995 Flomerics went public with a listing on the London
Stock Exchange Alternative Investment Market.
In 2005, Flomerics acquired the Hungarian-based thermal test equipment
company, MicReD. The addition of this world-leading technology to Flomerics'
portfolio represents an important step in providing a complete, integrated
solution to customers in the electronics industry.
In 2006 Flomerics acquired the German-based company Nika GmbH together
with a new breed of CFD software that is fully embedded in the mainstream
mechanical design environment and enables mechanical design engineers to
analyze and optimize complex fluid flow and heat transfer processes across a
wide range of products and industries. Seven key technologies distinguish
the EFD product family from traditional CFD software, making it quicker and
easier to use, more robust, and more accurate. The EFD product family is
tightly embedded with leading 3D mechanical computer-aided design (MCAD)
software such as SolidWorks, Pro/ENGINEER and CATIA V5.
"We are now targeting a much broader range of the engineering market
while remaining true to the vision of our founders by providing CFD software
with a simple interface and automated capabilities that enable it to be used
as part of the mainstream product development process," Reynell concluded.
"We will continue to move forward over the next 20 years by targeting ever
broader sections of the market with simulation software that accelerates
product design, improves product performance and reliability, and reduces
costs."
For more information visit at,
www.flomerics.com.
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