UGS and HP Form Alliance to Offer Product Lifecycle Management Solutions, Helping Customers Transform Their Process of Innovation

PLANO, Texas and PALO ALTO, Calif., Feb. 8, 2005 - UGS, a leading global provider of product lifecycle management (PLM) software and services, and HP announced today a strategic alliance intended to provide customers a one-stop shop of enterprise-level PLM solutions designed to offer quicker time to value. UGS and HP will provide total PLM solutions to more efficiently enable companies to integrate individual components, such as hardware, software, services, integration and support.