Wednesday August 6 7:49 AM EDT
Company Press Release
OrCAD's Windows NT Enterprise Solutions Address Needs of Large Electronics Manufacturing Companies
BEAVERTON, Ore.--(BUSINESS WIRE)--AUG. 6, 1997--
- ANTEC Corporation's Initial Purchase is Largest Single
Enterprise Sale in OrCAD's History -
OrCAD(R) (NASDAQ:OCAD), the world's leading provider of EDA software for the Intel(R)/Microsoft(R) platform, today announced the largest enterprise sale in the company's history. ANTEC Corporation (NASDAQ:ANTC), a $600 million international corporation, purchased OrCAD's new component information system solutions, design entry and layout tools, and implementation services. ANTEC's initial investment with OrCAD exceeded $200,000.
``We were in the market for EDA software that would increase the productivity of our design process,'' said Richard Wunderlich, vice president of engineering, ANTEC Active Electronics. ``We selected OrCAD Capture(R), Layout(R), and OrCAD Enterprise Bridge(TM), and have been very satisfied with the sales process, including OrCAD's Enterprise Group implementation services.''
According to ANTEC, the OrCAD products were benchmarked against other products before OrCAD was selected. Benchmark criteria included ease of use, quality of support, capabilities, interfacing ability, and price. OrCAD scored at the top in all of ANTEC's criteria. Factors that tipped the scale most convincingly in OrCAD's favor were its new Enterprise Bridge product for component information systems, the availability of a total solution from one company, and the fact that the tools can be learned quickly and easily.
ANTEC's challenges are to coordinate design work done at three different sites, and standardize on a single toolset throughout the organization. The company feels OrCAD's products can help them meet these challenges. In addition, ANTEC anticipates OrCAD's solution will provide faster and higher throughput at a lower cost.
``This was an important milestone for us,'' stated Mike Bosworth, OrCAD chairman, president, and CEO. ``Not only is it the largest enterprise sale in our company's history, validating the competitiveness of our enterprise solutions, but it had strategic significance. It proved that our multi-tiered distribution strategy is a good one for this market. We are focusing on delivering solutions to enterprises standardizing on Windows NT(R) and we think our unique distribution model is superior for accomplishing this. Our new direct sales Enterprise Group successfully leveraged our world class telesales group's efforts to help ANTEC make a strategic investment decision quickly and cost-effectively. We believe we are utilizing our combined sales forces very advantageously.''
About ANTEC
ANTEC Corporation (http://www.antec.com), headquartered in Rolling Meadows, Ill., is an international communications technology company. ANTEC designs, manufactures, distributes, and markets a wide range of active transmission, powering, passives, and interconnection products for fiber optic, coaxial and twisted pair networking, worldwide. ANTEC is publicly traded on the NASDAQ exchange with the symbol ANTC. ANTEC Network Technologies, the manufacturing division of ANTEC Corp., is headquartered in Atlanta and has sales offices and manufacturing facilities located throughout the world.
About OrCAD
Founded in 1985, OrCAD is the world's leading provider of EDA software for the Intel/Microsoft platform, with over 200,000 products sold to date. OrCAD develops, markets, and supports 32-bit Windows design software that improves designers' productivity in developing field-programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), and printed circuit boards (PCBs).
OrCAD's corporate headquarters are located at 9300 S.W. Nimbus Avenue, Beaverton, Ore. 97008. For investor and company information call 503-671-9500; fax requests to 503-671-9501; or visit OrCAD's web site at orcad.com .
For product information, contact OrCAD DIRECT in North America at 1-800-671-9505, visit OrCAD's web site at orcad.com, write to info@orcad.com, or contact an authorized OrCAD Reseller. For product and pricing availability outside of North America, email intl@orcad.com .
-0- Notes: OrCAD is a registered trademark and all OrCAD product names are trademarks of OrCAD Inc. Intel is a registered trademark of Intel Corporation. Microsoft, Windows, and Windows NT are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. All other trademarks are the property of their respective holders.
Contact:
Alliance Group Jean Armstrong, 503-293-5723 jeana@acg.com or OrCAD Laura Churchill, 503-671-9500 laurac@orcad.com
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