CIMdata PLM Industry Summary Online Archive

5 November 2009

Company News

aPriori Expands to Europe

aPriori announced the signing of its first reseller agreement with Paramex DTC (Design to Target Cost) of Warwick, England. This effectively provides aPriori with a sales and certified service provider that will market and implement aPriori’s entire product line throughout the United Kingdom and continental Europe.

“Paramex has a wealth of experience providing engineering service solutions for Automotive OEMs and Tier 1 supply chain companies throughout the UK and Europe,” said Stephanie Feraday, aPriori’s President and CEO. “Their expertise and reputation for delivering high quality engineering services is a perfect match for us,” continued Feraday. “aPriori has had great success selling and supporting our product cost management solution with Fortune 500 companies based in North America. Now, with Paramex as part of our team, we are looking forward to the same level of success in Europe.”

Phil Hands, CEO of Paramex Group Limited, commented “aPriori’s Product Cost Management solution is exactly what the Automotive and Aerospace industries need right now. They are struggling to rapidly identify ways to reduce product costs, and there are simply no other technologies out there that match aPriori’s speed and accuracy in generating product cost estimates. We believe that aPriori is an exceptional complement to the CAD and Engineering services we have delivered to companies such as Jaguar, Land Rover, Tata Manufacturing and Engineering Technical Centre, Aston Martin and Magna to name a few. By adding aPriori to the mix, we can now help these same companies launch new products to market at or below target cost, maximize cost savings on redesign projects, and ensure that these companies are not overpaying for outsourced parts.”

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