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The leading provider of hi-tech solutions for the global textile industry has partnered with Sri Lanka’s apparel sector to upgrade the country’s apparel designing to new levels-and the Lankan apparel industry has now entered the 3D design realm for the first time. “With world class certifications we are now supplying to many global brands such as Victoria’s Secret, and Gap. Our apparel exports to the USA has been growing by 6 percent” said Minister of Industry and Commerce Rishad Bathiudeen on 23 February in Colombo. Minister Bathiudeen was addressing the launch event of JAAF’s twin Public Private Partnership initiative on 23 February –provision of technical support and curriculum upgrade of SLITA by Juki Lanka Pvt Ltd and JK Agencies Pvt Ltd and also free licence grant by Optitex USA to SLITA to install one edition of its global 3d pattern making software valued at $30000 for Lankan designers to access the platform

Gerber Technology has introduced the Gerber eSTORE, a new e-commerce site that shortens ordering time through intuitive navigation techniques and product visuals. Navigation on the eSTORE can use any element of the product description to generate suggestions, as well as predictive suggestions for commonly used products and services related to searches.  To view the original press release, please click here. Search for Gerber on CIMdata.com

Cadence Design Systems, Inc. today announced that FORTUNE magazine has named Cadence #52 on its list of the "100 Best Companies to Work For" in 2016. For the second consecutive year, Cadence was recognized by FORTUNE for its dynamic culture, where employees are passionate about creating innovative technology and driving customer success. When Cadence President and Chief Executive Officer Lip-Bu Tan joined the company in 2009, he made a commitment to fostering a culture of innovation. "Our company's success is fueled by the open culture we have created, listening to our employees and empowering them to work together to delight our customers and make a difference to the future of electronics," said Tan. "Being named to FORTUNE's list of the 100 Best Companies to Work For is a tremendous honor, and achieving this recognition for the second year in a row speaks to the achievements of our employees and the strength

Advanced Clustering Technologies, a leading manufacturer of high performance computing solutions, today announced it has partnered with CD-adapco to offer the company’s industry-leading engineering simulation software solution, STAR-CCM+®, to customers using Advanced Clustering’s on demand HPC cluster in the cloud, ACTnowHPC. “We’re pleased to announce that our HPC cloud now makes STAR-CCM+® immediately accessible to engineers who purchase the license from CD-adapco,” said Kyle Sheumaker, President of Advanced Clustering Technologies. “With STAR-CCM+®, we’re making it easier than ever for our customers to enhance workflow productivity in order to discover better designs faster.” Engineers need computational fluid dynamics solutions that span a multitude of physical phenomena in order to see the big picture and solve complex industrial problems. As a global provider of multidisciplinary engineering simulation and design exploration software, CD-adapco created STAR-CCM+® to give engineers the ability to simulate whole systems with computational fluid dynamics and not just individual components, enabling engineers

FARO Technologies, Inc., announces the achievement of another milestone in cloud-based as-built data management with the release of version 2.0 of its well-known web hosting service, SCENE WebShare Cloud. SCENE WebShare Cloud 2.0 is the first cloud based software unleashing the power of fluid 3D viewing of 3D laser scan data within a simple and easy to use website. For applications within the fields of BIM, architecture, and construction information management (CIM), user-friendly access to reliable as-is information of buildings, plants and construction sites is essential. Users also need immediate access to this data at the office, on the job-site or in transit. SCENE WebShare Cloud 2.0 provides easy-to-use 3D viewing of as-built data over the Internet. No dedicated software or hardware is needed and it can be used on almost any modern mobile device, including tablet computers and smart phones. With an Internet connection and a web browser being the only

ESI Group, pioneer and world-leading solution provider in Virtual Prototyping for manufacturing industries, announces the latest version of its multi-domain simulation platform, Visual-Environment 11.5. ESI Visual-Environment manages simulation processes in a single unified environment - from pre- and post-processing to meshing, viewing results, automating tasks - across multiple domains. By relying on a single core compute model, Visual-Environment eliminates tedious data exchange, hence helping industrial manufacturers reduce product development cost and time. The latest version Visual-Environment 11.5 now supports Modelica ® -based systems modeling and simulation, and virtual product assembly. Meanwhile, the new ESI-Player application enables engineers to visualize their ESI result files anywhere at any time. Venu Kommanaboyina, Section Manager at Renault Nissan Technology & Business Center in India, comments: "The implementation of CAE automation with Visual-Environment platform in RNTBCI enables drastic reduction of manual effort in all operation activities by 90%. It also enables quick turnaround as there is

Anark Corporation, leading provider of Model Based Enterprise (MBE) publishing and Collaboration software for engineering, manufacturing and the supply-chain, announced today that it has been selected by Hydro-Québec to provide an automated MBE publishing solution that will enable the company to transition from legacy 2D drawing-based systems to more efficient and effective 3D PDF document-based processes. "We are pleased to work with Anark, and to utilize their automated 3D PDF transformation and publishing platform to create interactive 3D model-based electronic documentation from our CATIA MBD mock-ups," said Michael Labelle, Production Engineering Director at Hydro-Québec. "Moreover, the 3D PDF documents respect the legal requirements of the Ordre des ingénieurs du Québec (OIQ - the self-regulatory body that governs Quebec's 55,000 professional engineers), including electronic signature and long-term archival requirements. The easy-to-interpret Anark generated dynamic 3D documents will enable us to make the MBD mock-ups of our civil engineering structures more accessible to

Stratasys Ltd., the 3D printing and additive manufacturing solutions company, announced financial results for the fourth quarter and fiscal year 2015. Q4-2015 Financial Results Summary: Revenue for the fourth quarter of 2015 was $173.4 million. GAAP net loss for the fourth quarter was $232.3 million, or ($4.46) per diluted share, compared to a loss of $92.0 million, or ($1.81) per diluted share, for the same period last year. Non-GAAP net loss for the fourth quarter was $0.7 million, or ($0.01) per diluted share, compared to non-GAAP net income of $24.9 million, or $0.48 per diluted share, reported for the same period last year. The Company generated $7.7 million in cash from operations during the fourth quarter, and finished the year with approximately $258.2 million in cash and cash equivalents and short-term bank deposits. The Company invested a net amount of $22.2 million in R&D projects (non-GAAP basis) during the fourth quarter, representing 12.8% of net sales. Non-GAAP EBITDA for the fourth quarter amounted to a loss of $1.4 million. The Company sold

Mentor Graphics Corporation today announced financial results for the company’s fiscal fourth quarter ended January 31, 2016. The company reported revenues of $337.3 million, non-GAAP earnings per share of $0.63, and GAAP earnings per share of $0.51. For the full fiscal year, revenues were $1.181 billion, non-GAAP earnings per share were $1.55 and GAAP earnings per share were $0.81. “Mentor achieved revised fourth quarter and full year revenue guidance and exceeded earnings per share guidance,” said Walden C. Rhines, chairman and CEO of Mentor Graphics. “Fiscal 2016 was our most challenging year since the financial crisis of 2009. Although the semiconductor industry is going through a period of weakness that impacts the EDA industry, Mentor is benefiting from its leading position in design of electronics for the automotive and aerospace industries. Bookings in the automotive part of Mentor’s business grew 20% in the fourth quarter, continuing the 20% compound growth rate of the past five years.” During the

XJet, which develops technology for 3D printing for metal parts, said on Thursday it raised $25 million in a funding round led by Israeli-Chinese private equity fund Catalyst CEL and design software maker Autodesk. XJet’s technology uses solid metal nanoparticles suspended in liquid ink in sealed cartridges. Extremely high temperatures cause the liquid “jacket” around the metal nanoparticles to evaporate, resulting in strong binding of the metal. The company originally developed a printing solution for the solar panel industry and expanded into manufacturing in 2013. From 2007-2011 XJet raised $60 million from investors including Applied Materials and Israel’s Landa Ventures and in 2014 it raised another $22 million to fund its transition from the solar panel sector. The latest financing will be used to launch its products in global markets. Catalyst CEL Fund, which last month said it raised over $200 million, is a partnership between Catalyst Private Equity in Israel and China Everbright