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Technology Stocks : Simulation Sciences (SMCI)
SMCI 47.51-6.4%Nov 4 3:59 PM EST

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To: Pat Buglak who wrote (29)6/10/1997 9:36:00 AM
From: C.K. Houston   of 183
 
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.
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