Seiko Instruments to Offer Tecnomatix Empower Solutions to Japanese Manufacturing Market

Business Wire, Jan 16, 2002

Business/Technology Editors

NASHUA, N.H.--(BUSINESS WIRE)--Jan. 16, 2002

Leading Manufacturer Will Integrate eMPower Solutions

into Its Mechanical Design Automation Offering

Tecnomatix Technologies, Ltd. (NASDAQ: TCNO), the leader in Manufacturing Process Management (MPM) software solutions, has entered into a distribution agreement with Seiko Instruments, Inc. (SII) of Japan. Under the terms of the agreement, SII will integrate Tecnomatix eMPower MPM solutions into its product offering for customers throughout Japan.

SII, which provides CAE/CAD/PDM software sales and support for factory automation systems, will distribute Tecnomatix eMPower Quality products to users of EDS Unigraphics systems. EDS, also a distribution partner of Tecnomatix, provides mechanical CAD products that are fully integrated with the Tecnomatix eMPower solution suite.

"By this agreement, we can extend our competitiveness to provide MDA solutions through every phase of the industrial process," said Soichi Suzuki, division manager, MDA CAD/CAM System Division, Industrial Systems Business, SII. "SII has been a leading mechanical CAD system provider in Japan for 20 years. We believe our new partnership with Tecnomatix in Japan will represent a great leap forward for SII as a best-in-class engineering adviser in MDA market."

"Our agreement with industry-giant SII enables us to extend our reach throughout Japan," said Harel Beit-On, chairman and CEO of Tecnomatix Technologies. "The distribution of our eMPower Quality products by SII also reinforces the open architecture of our product family, which is effectively integrated with other leading solutions in the manufacturing marketplace."

About Tecnomatix Technologies, Ltd.

Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is the world's leading provider of Manufacturing Process Management software for the electronics, automotive, aerospace and heavy equipment industries. The company's eMPower(TM) software enables global manufacturing customers to build the best production strategies to succeed in their increasingly complex environments. Tecnomatix applications run on an open platform providing a collaborative environment for authoring, simulating and managing manufacturing processes across the extended enterprise and its suppliers. The company, founded in 1983, has offices and distributors in North America, Europe, the Pacific Rim and Latin America. Additional information about the company can be found at www.tecnomatix.com.

About Seiko Instruments, Inc.

Seiko Instruments is one of three principal companies that comprise the Seiko Group. It was founded in 1937 to manufacture watches. During the past half-century, the company has been active in the CAD/CAM business, and has sold Unigraphics products including an integrated 3D system, U-Graph(R)/unigraphics(R), a design support system, solid edge(R), and a product information management system, i-man(R). In addition, in order to meet the demands from Japanese users, Seiko Instruments has been engaged in development, support system, and total consultation for applications integrated with each of their software products.

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward- looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general economic, political and business conditions and specifically, changes in the level of activity in the manufacturing industry, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.

Tecnomatix and eMPower are trademarks of Tecnomatix Technologies, Ltd. All other brand, product and company names are trademarks of their respective owners.