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ESI GROUP AND LSTC TO COLLABORATE ON FUTURE RELEASES OF EASI-CRASH DYNA FOR LS-DYNA
13 May 2004 - ESI Group
| In 2003, ESI Group acquired the intellectual property rights of EASi's CAE software, including EASi-CRASH, EASi-Vista and EASi-Process. EASi-Vista is a software environment that fully exploits the power of object-oriented technology, ensuring high performance and productivity. EASi-Process is an advanced technology for creating, automating, and standardizing CAE processes. ESI Group will reinforce the development of these tools to provide a common user environment for an extended range of CAE applications, including LS-DYNA solver. |
ESI Group and LSTC announce a multi-year collaborative agreement to continue the development of EASi-CRASH DYNA, a comprehensive CAE environment for multi-body and finite element occupant safety simulations using LS-DYNA. In 2003, ESI Group acquired the intellectual property rights of EASi's CAE software, including EASi-CRASH, EASi-Vista and EASi-Process. EASi-Vista is a software environment that fully exploits the power of object-oriented technology, ensuring high performance and productivity. EASi-Process is an advanced technology for creating, automating, and standardizing CAE processes. ESI Group will reinforce the development of these tools to provide a common user environment for an extended range of CAE applications, including LS-DYNA solver. EASi-CRASH DYNA will continue to be developed by the same team based in Bangalore, India, and will be sold by ESI Group worldwide. Together, ESI Group and LSTC will provide simultaneous releases of LS-DYNA and EASi-CRASH DYNA to ensure continuity and the integration of future enhancements to meet market and customer requirements.
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About: ESI Group
ESI Group is the world leading software editor for the numerical simulation of prototype and manufacturing process engineering in applied mechanics. The key to ESI Group's success is the use of realistic material physics, providing "as good as real" virtual solutions, in order to replace the lengthy trial and error processes on real prototypes.ESI Group has developed an entire suite of coherent industry-oriented applications to realistically simulate a product's behavior during testing, to fine tune the manufacturing processes in synergy with the desired product performance, and to evaluate the environment's impact on product usage. ESI Group's product portfolio, which has been industrially validated and combined in multi-trade value chains, represents a unique collaborative, virtual engineering solution, known as the Virtual Try-Out Space (VTOS), enabling a continuous improvement on the virtual prototype. By drastically reducing costs and development lead times, VTOS solutions offer major competitive advantages by progressively eliminating the need for physical prototypes. A sustained growth Total consolidated revenue for fiscal year 2003, ending January 31st 2004, increased by 15% in real terms and 22% at constant exchange rates, compared to the previous year reaching 49 million euro. The software activity remained stable with 73% from licenses and 27% from services. The major acquisitions made in 2002 and 2003 accounted for 15% of revenue growth and took part in the strengthening of the Group's position on the American market. As in previous years, ESI Group maintained a strong international presence with 50% of turnover generated outside Europe and 79% of revenue outside. Listed on the Nouveau Marché of Euronext Paris, ESI Group employs almost 500 high-level specialists worldwide.
ESI Group and its global network of agents provide sales and technical support to customers in more than 30 countries. A key investment area: Research and Development ESI Group is making substantial R&D efforts and forms partnerships with leading academic and research laboratories in order to offer state-of-the-art solutions. ESI Group also provides high value-added services, worldwide through its subsidiaries located in Europe, Asia and Americas. Consulting projects with strategic industrial partners as well as European R&D contracts exemplify ESI Group's strong engineering knowledge and scientific expertise. |
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