Bayer & SMCI Sign Agreement; Process Simulation Software 97-06-10 09:06:54 EDT
BREA, Leverkusen--(BUSINESS WIRE)--June 10, 1997--The chemical and health care company, Bayer AG, Germany, and Simulation Sciences Inc., USA (NASDAQ:SMCI) a leading provider of simulation software solutions, have signed a cooperation agreement at this year's ACHEMA in Frankfurt. The agreement provides Simulation Sciences Inc. (SIMSCI) with the exclusive, worldwide rights to commercialize and market Simulation Manager, a strategic process simulation tool developed by Bayer. Both companies have agreed to cooperate closely in the development of future software enhancements and applications. Bayer and SIMSCI will announce their cooperation at a press conference on June 11, 1997 at ACHEMA, the world's largest tradeshow for chemical technology. Representatives from Bayer's process Technology/Applied Mathematics Group will demonstrate Simulation Manager at the Silicon Graphics booth.
The Bayer program, Simulation Manager, enables the integration of different process simulation modules under a common graphical user interface. The program's client-server architecture allows the process simulation modules to run on computer networks in a distributed environment. Powerful mathematical algorithms enable the solution of highly complex problems with reasonable response times.
"A particular advantage of Simulation Manager is its modular architecture," said Prof. Dr. Ludger Brull, head of Bayer's Applied Mathematics Group. "The program makes is possible to utilize different program modules, even from different hardware platforms, to solve heterogenous, complex simulation problems. These kind of problems motivated the formation of CAPE - OPEN, the European Computer Aided Process Engineering project. Bayer is committed to support the standardized interfaces proposed by CAPE - OPEN."
Brull continues: "In the case of Simulation Manager, we looked for a development partner that had the right combination of skills in software engineering and chemical engineering to undertake this commercialization project. We found these skills at Simulation Sciences."
Commenting on the agreement, Charles Harris, SIMSCI's chief executive officer, said, "Our strategy is to deliver best-in-class solutions to the process industry. Simulation Manager is an important part of this strategy, significantly enhancing our ability to provide a common modeling environment for simulation applications. This agreement provides a solid foundation for us to leverage as we build new, more powerful tools to enhance the design, operation, and management of chemical processes."
Dirk Pfeiffer, SIMSCI's vice president of sales, marketing, field operations and engineering services added: "We are delighted that Bayer has chosen SIMSCI as its partner. This agreement is an excellent example of our ability to meet the needs of clients in the chemicals market."
Bayer bayer.com is one of the world's leading companies in the chemical and pharmaceutical industry, developed Simulation Manager as an in-house package. The software is currently supporting several projects at Bayer worldwide. As one of the world's largest companies in its industry sector, Bayer is research-based and aims for technological leadership in its core activities.
Simulation Sciences simsci.com is a leading provider of commercial simulation software and related services to the process industry worldwide. In addition to its experience and competence in simulation software development, SIMSCI brings its worldwide sales and marketing organization to the agreement. SIMSCI's Windows-based graphical user interface and simulation software products are designed to increase profitability by reducing capital investment costs, improving yields and enhancing management decision making. |