ANN ARBOR, Michigan, March 31, 2004-According to figures released from
consulting and research firm CIMdata, Inc., the worldwide Product Lifecycle
Management (PLM) market achieved overall growth of 4% during an economically
tough 2003. CIMdata forecasts overall PLM investments will continue growing
at a solid pace over the next five years to exceed $20 billion by 2008, for
a compound growth rate of 7.5%.