Geometric and IBM in Agreement to Provide Services and Software for the Product Lifecycle Management Market

Business Wire, June 19, 2006

MUMBAI, India -- Geometric Software Solutions Co. Ltd (MUMBAI:532312) (NSI:GEOMETRIC) has signed an agreement with IBM to jointly provide services assisting clients in accelerating the deployment of Product Lifecycle Management solutions.

IBM and Geometric Software have successfully worked together to serve clients in this space for past several years. The new agreement provides a framework with the objective of driving tighter collaboration between the companies' respective sales management and services capabilities on a global basis. The agreement also entails the building of solutions which integrate IBM's middleware and hardware into joint PLM solutions offered to clients.

IBM's global customer engagement experience, and proven project management and software technology capabilities are complemented by Geometric's ability to support a wide range of PLM platforms, its global delivery capability and the expertise in building PLM technologies to suit specific market needs. The relationship also calls for Geometric to build skills and technologies based on IBM's suite of middleware to meet IBM customers' PLM enterprise and supply chain integration needs.

Manu Parpia, Managing Director, Geometric Software Solutions Ltd., said, "We have been working with IBM since 2002. This wide ranging agreement is a logical next step to deepening the relationship between IBM and Geometric. I believe that our two companies, working together, can build even better solutions to help customers use PLM to improve their productivity."

Mark Wilterding, GBS Partner, Global PLM Service Leader said, "Based on the success of our collaborative work with Geometric with many of our global PLM clients, we believe the formation of a an expanded agreement between our two companies will provide numerous opportunities for expanding value to our clients in solving complex PLM and supply chain requirements, and drive business transformation across the enterprise."

About Geometric

Geometric is a CMMI Level 5 Company providing the most cost-effective end-to-end PLM solutions to the global mechanical design, manufacturing, and industrial markets. Geometric offers wide range of services -- Engineering services, PLM software development, Application Management, PLM integration/implementation services across leading PLM platforms. The service offerings are complemented by a robust portfolio of Products & Technologies licensed to customers through a strong network of resellers. Long-standing relationships with market leaders, in-depth domain expertise, innovative products and a cost-effective global delivery model makes Geometric the preferred partner for PLM.

Geometric employs over 1600 software professionals and has presence in USA, Germany, France, UK, Singapore and Japan. The company is traded on both the Bombay (BSE) and the National (NSE) stock exchanges in India. The company's website is http://www.geometricsoftware.com/