Design and Reuse and Dassault Systemes announce their intent to form a strategic alliance to expand Design and Reuse’s B2B leadership position in IP commerce

Design and Reuse and Dassault Systemes (NASDAQ: DASTY) today announced their intent to establish a strategic alliance to reinforce Design and Reuse’s B2B leadership position in IP (intellectual property or virtual electronic components) commerce and leverage Dassault Systemes' ENOVIA Solutions for Product Data Management (PDM) and Product Life cycle Management (PLM).

DAC 2000 – Los Angeles (US) - Grenoble and Suresnes (France), 8 June 2000--Driven by the acceleration of B2B IP exchange and product integration (System on Chip, mecatronics systems, …), the electronic industry is today going through significant transformations of its product creation processes impacting the entire product life cycle of many industry sectors (consumer electronics, consumer goods, transportation). Both companies believe that B2B IP commerce solutions will also become key to other industries, for example mechanical industries.

The objective of this alliance is to deliver and extend current Design and Reuse IP solutions taking full advantage of ENOVIA enterprise PLM solutions and infrastructure.

“This alliance with the worldwide market leader in CAD/CAM/CAE/PLM, Dassault Systemes, will be applauded by the electronic market as it dramatically reinforces Design and Reuse’s capability to provide an enterprise solution for IP commerce. It also enables Design and Reuse to establish, in a short period of time, a worldwide sales and marketing network”, commented Gabriele Saucier, Chairman of the Board, Design and Reuse.

“The alliance with Design and Reuse is a clear illustration of Dassault Systemes’ commitment to the telecommunication and electronic market. Design and Reuse’s solutions, supported by a strong ENOVIA e-business PLM infrastructure, will provide all the scalability and the robustness to become the standard Digital Enterprise solution for B2B IP management”, added Dominique Florack, Executive Vice-President Research and Development, Dassault Systemes.