Trending at CIMdata

Stratasys provided the following information regarding the company’s projected revenue and net income for the fiscal year ending December 31, 2014: Revenue guidance of $660 to $680 million. Non-GAAP net income of $113 to $119 million, or $2.15 to $2.25 per diluted share. GAAP net income of $10.5 to $19.9 million, or a $0.20 to $0.38 per diluted share. The company expects organic sales, which exclude MakerBot sales, to grow at least 25% over 2013, with additional growth coming from MakerBot, which is expected to grow at a higher rate. “We enter the new year with positive momentum and an expectation of continued strong growth for our industry-leading products and services,” said David Reis, chief executive officer of Stratasys. “Revenue synergies continue to develop from the merger between Stratasys and Objet, which is reflected in our outlook for organic sales growth of at least 25%. In addition, the performance of MakerBot, which we acquired in

SofTech, Inc. announced its second quarter fiscal year 2014 operating results. Revenue for the three months ended November 30, 2013 was approximately $1.41 million as compared to approximately $1.77 million for the same period in the prior fiscal year. Net income (loss) for the current quarter was about ($44,000) or ($.05) per share compared to net income of $252,000 or $.25 per share for the same period in the prior fiscal year. The sale of the Company’s CADRA product line was completed on October 18, 2013, which accounted for most of the revenue decline. EBITDA for current quarter was about $3.37 million as compared to about $369,000 for the same period in fiscal year 2013. The EBITDA in the current quarter was generated from the sale of the aforementioned CADRA product line. As disclosed in the Form 10-Q filed with the Securities and Exchange Commission and in our Form 8-K filed on December

ESI Group announces the development of new simulation technologies to achieve more energy efficient heating, ventilation and air conditioning systems (HVAC). This research activity will take place as part of the EnE-HVAC project, granted by the European Commission under the Seventh Framework Program. Heating, Ventilation, and Air Conditioning (HVAC) systems account for approximately 35% of the total energy consumption in residential and commercial buildings. Although today most of the energy consumed is spent on heating, there is an increasing demand for cooling solutions. The demand is expected to escalate in the coming years due to climate change. To reduce overall energy consumption, the European Commission has identified a compelling need to seek new and innovative technologies able to increase the efficiency of HVAC systems. With this in mind, the European Commission funded the EnE-HVAC project that was launched in October 2012. The project is expected to enable the achievement of significant energy savings in future HVAC systems through

COMSOL is excited to announce COMSOL Co., Ltd. as a new subsidiary located in China with the opening of offices in Shanghai and Beijing. The new offices establish COMSOL direct operations in China by providing software sales, exceptional technical support, comprehensive training sessions, hands-on workshops, user conferences, and customer events. As a part of this opportunity, COMSOL product descriptions have been translated into Chinese for the first time and are available at www.cn.comsol.com/products. The company’s expansion into the Chinese market comes in response to the rapidly growing demand for COMSOL Multiphysics® simulation software within the country’s diverse high-tech industry and engineering community. “Shanghai and Beijing were chosen as locations for the offices due to their strong science and technology sectors and proximity to a community of talented professionals who have the expertise to best serve our customers,” says Lei Chen, General Manager of COMSOL Co., Ltd. “The Beijing and Shanghai offices start

3D Systems announced that Neal Orringer, a leading voice on manufacturing in the Obama administration, will be joining the company as its Vice President of Alliances and Partnerships. In this timely created position, Orringer will report directly to 3DS President and CEO Avi Reichental, with responsibilities over government business and regulatory affairs as well as forging strategic alliances with corporate, research and educational partners. “I couldn’t be more thrilled to have Neal on our team,” said Avi Reichental, President and CEO, 3DS. “Neal brings with him a truly impressive record in public policy, coalition-building, and technology investment.  But more importantly, his boundless energy and commitment to American innovation through 3D printing and additive manufacturing make him a perfect match for our company.” “3DS is at the heart of a worldwide manufacturing revolution,” said Neal Orringer, Vice President, Alliances and Partnerships, 3DS. “I am honored to join the company that started it all and I

MecSoft Corporation has announced the availability of VisualCAM 2014 for Geomagic, a major version release for MecSoft’s integrated CAM solution for 3D Systems’ CAD software, Geomagic Design. VisualCAM 2014 for Geomagic includes two CAM modules, MILL and TURN, each of which run integrated inside the Geomagic CAD program and can be bought and licensed independent of each other. The TURN module is a new module that is being introduced with the 2014 release. The MILL module was significantly enhanced and improved in this 2014 release to provide customers with a powerful and complete manufacturing platform. “MecSoft is a valuable partner for 3D Systems, providing the only integrated CAM solution for Geomagic Design,” stated Calvin Hur, Vice President and General Manager, Geomagic Solutions, 3D Systems. “We’re excited to see the product mature with the release of VisualCAM 2014 for Geomagic, and we look forward to our continued relationship with MecSoft Corporation.” “This is an

Omnify Software today unveils its latest Empower PLM application story featuring Genetec Inc., a leader in unified IP video management system (VMS), access control and license plate recognition (LPR) solutions. Genetec moved from its legacy open-source PLM system to Empower PLM to gain important functionality and achieve time and cost savings. As Genetec grew its business in the physical IP video surveillance industry, the company chose to transition its PLM system to Omnify Empower PLM for greater performance features and a turnkey solution. Empower PLM provided Genetec with essential features such as reference designators, Bill of Material (BOM) redlining, BOM comparisons, change history tracking and data importing capabilities that did not require customization of the software to employ. "As the company grew, we determined that our development teams required a more robust and cost-effective solution to manage our expanding product development information processes," said Danny Roy, Hardware Development Manager for Genetec, Inc. "After a thorough

An expanding global population, shrinking farm land, and environmental sustainability goals are driving farmers to grow record crops through innovative farming systems. PTC today announced that Great Plains Manufacturing is using PTC Creo and PTC Windchill to design and build the equipment that feeds the world by increasing crop yields. Great Plains Manufacturing, one of the largest privately held manufacturers of farm equipment for the past 40 years, develops agricultural equipment for seedbed preparation, nutrient application, and seeding placement using the most recent, cutting-edge technology available. The company standardized on PTC Creo for all stages of product development including concept, detailing, simulation, documentation and production. The tight integration of PTC Creo and PTC Windchill increased team productivity by maximizing component re-use across nine locations, including design engineers located in Sleaford, England. Great Plains Manufacturing is also bringing new products to market faster by enabling other teams such as manufacturing, marketing, and sales to view

Lectra will showcase advanced technology for design, product development and product lifecycle management at the upcoming Outdoor Retailer Winter Market 2014. Outdoor Retailer Winter Market is the premier trade event for the outdoor recreation market and will take place from January 22-25, 2014 at the Salt Palace Convention Center in Salt Lake City, UT. The four-day convention attracts retailers, manufacturers and other industry players to discover the newest innovative outdoor products for the Winter season. Lectra will exhibit technology solutions throughout the event, highlighting how challenges such as garment fit, quality and speed-to-market can be addressed through an integrated process and technology approach. Solutions experts and consultants will be on hand to discuss the latest in design, product development and product lifecycle management solutions. Lectra's most recent innovation, 3D technology for style development and virtual sampling, will also be demonstrated during interactive sessions. "As a leading provider of technology solutions, Lectra aims to partner with organizations

Delcam will demonstrate the 2014 R2 version of its FeatureCAM feature-based CAM on stand 4010 at the MACH exhibition to be held at the NEC, Birmingham, from 7th to 11th April.  This latest release provides support for milling and drilling with right-angle heads, and one-stop programming of multiple roughing operations using Delcam’s unique Vortex area-clearance strategy.  Other enhancements include better control of Z-level roughing, and improvements to Wire EDM and chamfering. For full details, including video demonstrations of the new functionality, and to download an evaluation version, please go to www.delcam.tv/fc2014 Right-angle heads allow internal pockets to be milled and internal holes to be drilled that would be inaccessible, and so impossible to produce, using a conventional head.  They are now available as an option on an increasing range of machines, including a wide variety of mill-turn equipment. FeatureCAM 2014 R2 is the first release that has the ability to program and simulate both