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Product category: PLM and collaboration software
News Release from: Invention Machine
Edited by the Engineeringtalk Editorial Team on 05 October 2005

Flagship software proves popular

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Invention Machine Corporation has announced its latest global customer wins for its flagship software, Goldfire Innovator.

Invention Machine Corporation has announced its latest global customer wins for its flagship software, Goldfire Innovator These wins demonstrate Invention Machine's continued momentum in key verticals including aerospace, automotive, consumer product goods, high tech and electronics, life sciences and petro-chemical

Today's announcement brings to 157 the number of customer wins for the first three quarters of 2005.

New customers include: Nestle, Renault, Kellogg, Crown Holdings, 3M Spain, ADA Technologies, Camp, Punjab Tractor, Flowserve, DaimlerChrysler India, Bioberica, Hyundai Heavy Industries, SKF, Goodyear, Kone, SC Johnson, John Deere, Schneider, Phillips HK, Helbling, Cosworth, Toshiba Medical, Behr, Hillenbrand, JFE Steel, Wahl Clipper, Schlumberger, and Diebold, among others.

Invention Machine customers who expanded their number of Goldfire Innovator licences include: Shell, Matsushita, Guidant, Whirlpool, Alcatel, Hitachi, Johnson and Johnson, Sanyo, Baker Hughes, Valeo, Johnson Controls, ENI, Sony, Hexcel, GE, Biomerieux, Toshiba, Faurecia, 3M, Honeywell and Northrop Grumman, among others.

"We are pleased to have finished a strong third quarter in which we saw an increased number of larger transactions, broad-based interest across our global customer base and target prospects, and a continued improvement in gross and operating margins", said Mark E Atkins, Chairman, President and CEO of Invention Machine Corporation.

"The continuation of our strong profitable performance highlights our focused execution and provides a solid platform for on-going growth".

Goldfire Innovator is an integrated software environment that empowers product development engineers to conceive more and better ideas to fuel product pipelines.

Goldfire Innovator combines proven solution-generating methodologies with proprietary content and precision access to world-wide technical knowledge to enable users to systematically tackle engineering problems across a product's lifecycle - reducing the delivery time for new product innovations, rapidly resolving problems in existing products and continuously improving production processes.

Companies using Goldfire Innovator benefit from: greater conversion rates of ideas to products; more innovative solutions to technical challenges, more competitively differentiated products; leaner manufacturing processes; and faster time to market - all at lower cost.

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