TenLinks Partners

NewsBreak

Jeff Ray to Lead SolidWorks as John McEleney Steps Down

CONCORD, Massachusetts, July 11, 2007 - Dassault Systèmes (DS) (NASDAQ:DASTY) (Paris:DSY), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced the appointment of Jeff Ray as CEO of SolidWorks, Dassault Systèmes' brand for mainstream 3D mechanical design software. Previously chief operating officer, Ray is replacing John McEleney. Ray will be responsible for making SolidWorks the industry standard in mainstream 3D CAD.

"Jeff brings a wealth of industry and management experience to his new role that will assure SolidWorks' successful performance in the next stage of its development," said Bernard Charlès, president and CEO of Dassault Systèmes. "John has done a fantastic job of transforming SolidWorks from an ambitious startup into a successful global organization with an unrivaled distribution channel through his unwavering commitment to customers, community, employees, and colleagues."

Ray joined SolidWorks in October 2003 as chief operating officer. He has been instrumental in improving global distribution performance and increasing revenue, profit, and global market share. His four years at SolidWorks extend his nearly 30-year record of building and transforming operations in international businesses. He has held senior executive positions at companies including Progress Software, Compuware and IBM.

Founded 14 years ago by Jon Hirschtick and under John McEleney's strong leadership since 2001, SolidWorks is a remarkable success story. Ten years after its acquisition by Dassault Systèmes, SolidWorks' revenues have increased almost forty fold and over 680,000 users now benefit from SolidWorks' solutions.

McEleney is retiring to embrace new personal opportunities. He will remain closely linked to the company as a member of SolidWorks' board of directors and Dassault Systèmes' global management team until the end of the year.

About SolidWorks

SolidWorks, Dassault Systèmes' brand for 3D mechanical design software, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (www.solidworks.com) or call 1-800-693-9000 (outside of North America, call +1-978-371-5000).

About Dassault Systèmes

As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systèmes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges.

 --------

If news like this is important to you, sign up for our TenLinks Daily at http://www.tenlinks.com/NEWS/sub_unsub.htm.

Related News

Apr 30 - SolidWorks 2008 Wins NASA Tech Briefs Award
Apr 29 - InspectionXpert Joins SolidWorks Partners
Mar 26 - SolidWorks Acquires UK's Priware, Developer of CircuitWorks
Mar 10 - SolidWorks Announces Student Design Contest Winners
Mar 3 - SolidWorks Updates 3D ContentCentral 2008 Website
Feb 20 - Leviton Buys 300 SolidWorks Seats
Nov 29 - UK's Wessex Water Standardizes on SolidWorks
Oct 18 - AboutSolidWorks.com Offers 2 SolidWorks 2008 Tutorials
Oct 15 - SolidWorks Co-Founds CAD Academy for Future Engineers
Sep 24 - SolidWorks Releases PDMWorks Enterprise 2008
Sep 11 - U.K. Consultancy Selects SolidWorks for Bicygnals Products
Sep 4 - SolidWorks Education Edition 2007-2008 Released
Jul 17 - University of Dundee Students Grasp 3D CAD with SolidWorks
Jul 11 - Jeff Ray to Lead SolidWorks as John McEleney Steps Down
Jul 2 - 'Team SolidWorks' Cyclists Set $500K Goal for Cancer Cure
Jun 26 - Waseda University Buys 1,100 SolidWorks Education Licenses
Jun 25 - SolidWorks on 'Best Places to Work in Massachusetts'
Jun 18 - SolidWorks 2008 Unveiled, Expected Later This Summer
Jun 14 - BorgWarner Thermal Uses 40 Licenses of SolidWorks
Jun 13 - BorgWarner Thermal Systems Uses SolidWorks Software
May 29 - Pivot International Deploys SolidWorks PDMWorks Enterprise
May 21 - SolidWorks Names Student Design Contest Winners
May 9 - China's Tsinghua University Uses 500 Seats of SolidWorks
Apr 11 - SolidWorks Supports US Science, Tech, Math Teachers
Apr 11 - Commuter Cars Uses SolidWorks for Green Car 'Tango'
Apr 02 - SolidWorks Helps Rwanda Launch 2D to 3D Conversion Company
Mar 28 - SawStop Designs Table Saw Using SolidWorks, COSMOS
Mar 27 - Irish Dept of Education Buys 25,000 SolidWorks Licenses
Feb 20 - SolidWorks Announces CSWA Exam to Test Students' CAD Skills
Feb 8 - 3,500+ Attend SolidWorks World 2007
Feb 6 - SolidWorks Labs Launched for Beta Products
Jan 31 - SolidWorks Redesigns 3D ContentCentral Website
Jan 30 - Shanghai Electric Wins SolidWorks Design Competition
COSMOSWorks Press Releases

Source: Material used in press releases is often supplied by external sources and used as is.