Dassault Systemes and CAXA Form Strategic Alliance

Beijing, China and Paris, France – November 23, 2004 – CAXA, the leading domestic PLM (Product Lifecycle Management) vendor in China, and Dassault Systemes today announced a strategic alliance to create and sell "China-engineered" solutions based on Dassault Systemes' V5 PLM technology. These solutions will be developed in a joint R&D center operated by CAXA in Beijing combining CAXA’s R&D expertise and technology with Dassault Systemes' 3D PLM solutions and V5 technology components.