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To: Bob Howarth who wrote (2315)7/7/1999 1:04:00 PM
From: Norm Demers  Read Replies (1) of 3646
 
News:
Yahoo message board reports an upgrade by ML.

/07/99 - Prescient Technologies, Inc. Wins Site License Contract at Sea Launch; DesignQA Selected as a Result of Competitiv
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BOSTON, Jul 7, 1999 (BUSINESS WIRE via COMTEX) -- Prescient Technologies, Inc. announced today that Sea Launch, the pioneering commercial satellite launch services provider, located in Seal Beach, Calif., has selected Prescient's DesignQA(R) software as its engineering design quality assurance system.

"Sea Launch is committed to using the highest quality products to support all aspects of our business," said Chris Burmeister, system administrator and applications integrator for Sea Launch. "We selected DesignQA because Prescient's engineering quality tools will provide value-added benefits to our launch service operations."

DesignQA, a core component of the PrescientQA(TM) family of engineering quality tools, is used by Fortune 100 companies in aerospace, automotive, electronics, and discrete manufacturing industries for detecting, assessing, correcting, and preventing product development problems caused by inaccurate, incomplete, or inconsistent design modeling practices.

"We are very excited to include Sea Launch among our growing customer base," said Gavin A. Finn, president and chief executive officer at Prescient Technologies, Inc. "The selection of DesignQA based on a competitive evaluation against other tools reinforces our position as the leading supplier of engineering quality design solutions."

The PrescientQA family of engineering quality tools reduces costly design errors, accelerates time-to-market, and improves the product development process by allowing users to quantitatively assess and improve the quality of their products' models during the digital design stage. PrescientQA includes several products such as DesignQA and GeometryQA(TM). These products provide quality solutions that work in many different design environments and interact with leading engineering design systems such as CATIA(R), from Dassault Systemes (NASDAQ:DASTY) and Pro/ENGINEER(R), from Parametric Technology Corporation (NASDAQ:PMTC).

Sea Launch is a keenly focused international consortium dedicated to providing satellite and end-user customers with superior value, performance, and fully integrated commercial launch service capabilities. The Sea Launch partnership combines the resources of the world's leading aerospace and maritime companies, including Boeing Commercial Space Co. (NYSE:BA), Kent, Wash.; Kvaerner Maritime a.s., Oslo, Norway; RSC Energia, Moscow, Russia; and KBYuzhnoye/PO Yuzhmash, Ukraine.

Prescient Technologies, Inc. is the premier provider of mission-critical engineering quality software solutions that enable companies to minimize design iterations, reduce costs, and accelerate time to market. Prescient Technologies' solutions are found in aerospace, automotive, and other industries with complex design, manufacturing, and assembly processes. The company supports a growth strategy that places its customers' interests first by providing technologies, products, and services that help companies leverage engineering assets, protect design information, and facilitate electronic design-to-manufacture interoperability. Headquartered in Boston, MA, Prescient Technologies sells and supports its products and services directly with several field offices in the U.S. and through international partners outside North America. For additional information about Prescient Technologies, Inc., visit our web site at: www.prescienttech.com

DesignQA is a registered trademark of Prescient Technologies, Inc. PrescientQA and GeometryQA are trademarks of Prescient Technologies, Inc.

All other trademarks are properties of their respective companies.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Prescient Technologies, Inc.
Karen Tuttle, 617-589-5944
karen.tuttle@prescienttech.com

WEB PAGE: businesswire.com

GEOGRAPHY: MASSACHUSETTS

INDUSTRY CODE: COMED
COMPUTERS/ELECTRONICS
AEROSPACE/DEFENSE
AUTOMOTIVE
TELECOMMUNICATIONS
TRANSPORTATION
PRODUCT
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