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15.03.2007 06:00:00

Dassault Systemes Bags Major Larsen & Toubro Contract

Regulatory News: Dassault Systèmes (DS) (NASDAQ:DASTY) (Paris:DSY), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced it has secured a major order from Larsen & Toubro Limited. The technology-driven engineering and construction giant will adopt cutting edge integrated PLM solutions from DS for its heavy engineering division. DS’s solutions will integrate Larsen & Toubro’s stand-alone design automation and project management tools, increasing efficiency and savings potential across the division. "L&T believes that product and process innovation are at the core of the company’s ability to compete in the global marketplace. The DS solutions will help give an enhanced focus on value creation and process simplification,” explains Mr. M. V. Kotwal, Director and Senior Executive Vice President Heavy Engineering, Larsen & Toubro. "Working closely with DS fits well with our enhanced thrust in the manufacturing sector. DS’s PLM solutions allow users to create a collaborative workplace that breaks down the barriers between engineering and design functions, accelerating the product development process and bringing about a new level of decision support, innovation and collaboration,” continues Mr. V. K. Magapu, Chief Executive, L&T Infotech and Member of the L&T Board. DS’s end-to-end PLM solution will be implemented by L&T’s IT arm - L&T Infotech. "Larsen & Toubro operates at the upper end of the technology spectrum and has been at the forefront of introducing new processes, products and materials into the manufacturing sector for over six decades. The company has embraced a long term PLM strategy as critical to maintaining a competitive advantage. As part of its business transformation drive, L&T has extended this to include the collaborative intelligence capabilities of our ENOVIA solutions throughout the product delivery process with customers, partners and suppliers,” says Bruno Latchague, EVP, Dassault Systèmes. L&T will apply DS’s solutions to processes for the shipbuilding business segment. The deployment includes: CATIA, for designing the virtual product, ENOVIA VPLM, 3D collaborative virtual lifecycle management for highly complex products, resource and manufacturing processes, and ENOVIA MatrixOne, collaborative product development business processes for enterprises. This customer win is the first end-to-end implementation of a recently established partnership between Infotech Limited and DS. Infotech Limited is a wholly-owned subsidiary of Larsen & Toubro Limited and has signed an agreement with DS to provide consulting, development and implementation services around DS’s end-to-end PLM portfolio. About L&T Infotech Larsen & Toubro Infotech Limited (L&T Infotech), one of the fastest growing IT Services companies, is ranked by NASSCOM as the 10th largest software & services exporter from India in the year 2006. It is part of $ 4.5+ billion Larsen & Toubro Limited (L&T), India’s largest technology-driven engineering organization. A full-services IT firm with a blue-chip client roster, it offers comprehensive, end-to-end software solutions and services in the following industry verticals: Banking & Securities Insurance Energy & Petrochemicals Manufacturing (Automotive & Construction Equipment; Semiconductor and Electronics (Hi-tech); Industrial Products; Consumer Packaged Goods; Utilities & Process) Product Engineering Services (Communications & Embedded Systems). L&T Infotech delivers business solutions to its customers, leveraging its substantial domain experience and depth in technologies like SAP, Oracle (including PeopleSoft/JD Edwards/Siebel), Microsoft, EAI, and DW/BI. In addition to application development and maintenance services (ADM), L&T Infotech has strong capabilities in infrastructure management (IMS), independent verification and validation testing (IV&V) services, end-to-end engineering services and embedded system solutions. L&T Infotech’s vision is to provide world-class service to clients in its areas of focus, providing solutions that are based on business and technology insights. About Dassault Systèmes As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 90,000 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. 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 and ENOVIA for global collaborative lifecycle management, including ENOVIA VPLM, ENOVIA MatrixOne and ENOVIA SmarTeam. Dassault Systèmes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com CATIA, DELMIA, ENOVIA, SIMULIA and SolidWorks are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries. All other companies and products mentioned herein may be the trademarks of their respective owners.

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