Oct 5 - FTI Opens Office in Germany

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FTI Opens Office in Germany

OAKVILLE, ON, Canada, Oct 5, 2009 - Forming Technologies Inc. (FTI), the world’s leading developer of software for the design, simulation, and costing of sheet metal components, announced the opening of Forming Technologies GmbH, located in the Frankfurt area. FTI Germany will play a key role in deploying FTI solutions as well as offer local support in their continued role as a preferred systems integrator for the German market place.

“This latest development is due to the increased growth in the region,” states Michael Gallagher, VP of Sales and Marketing, Forming Technologies. “The growth FTI is experiencing in the German marketplace is a testimonial to the strong product line up of our FormingSuite and CATIA based solutions. Our expansion is directly related to our ability to provide the latest developments in technological advancements and the timing is right for FTI, our key accounts, and our business partners, who have been asking for more local direct support. We are pleased to announce that Stefan Rudolph will be our Managing Director for our new location. Stefan will direct our team to continue to provide Best in Class Technologies to reduce time and material costs for our clients.”

“I am very pleased and excited to work with Forming Technologies and I look forward to the many challenges ahead”, states Stefan Rudolph, Managing Director of Forming Technologies GmbH. “Working in the field of CAE for more than 20 years and following the activities of FTI since that time, I’m very pleased to contribute from now on to the success of the company.” Prior to joining FTI, Stefan joined ESI GmbH, the German subsidiary of ESI Group, in 1995. Stefan Rudolph started as Sales Manager with responsibilities for the market of Germany, Austria and Switzerland. Within this challenge, he was involved in the market introduction of PAM-STAMP in the described area. In 2001 he was promoted as Managing Director of ESI GmbH.

About Forming Technologies Inc.

Forming Technologies Incorporated (FTI) is the world’s leading developer of computer aided engineering software for design, and simulation of sheet metal components. For the past 20 years, FTI has provided OEMs and suppliers in the automotive, aerospace, and appliance industries with innovative software and training solutions designed to reduce development time and material costs. FTI has trained over 12,000 engineers in Formability and Die Design and is considered the Best in Class around the world for their industry training programs. FTI and its global network of business partners provide sales and technical support to customers in more than 35 countries.

For more information, visit www.forming.com.

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