CoCreate’s OneSpace.net Orders Hit 1,000 Seat Milestone in Three Months

FORT COLLINS, Colo., and SINDELFINGEN, Germany — January 26, 2004 — CoCreate Software, Inc., a leading provider of collaborative product development software, announced today that orders for OneSpace.net have reached the 1,000 seat mark just three months after becoming generally available to the public.

Orders are coming from organizations of all sizes and regions, including leading companies such as ABB Corporate Research, Advanced Tech Products, APTEC, BMW Motorsport, CDI Engineering Solutions — Aerospace Technology, Edslev A/S, Sapa Profiler AB, SMiTO GmbH, and Woco GmbH & Co.; indicating that OneSpace.net is being adopted across a broad range of vertical industries, including electronics, aerospace, automotive, machinery, and manufacturing.

The rapid adoption of OneSpace.net comes on the heels of a very successful financial year in which CoCreate increased its operating profitability nearly 300% vs. the prior fiscal year. “We’re delighted with the momentum we’ve established as a company,” stated William Gascoigne, CEO, CoCreate Software. “We have great new products, new channel partners and most importantly, loyal customers. We’re excited about the possibilities for the coming year.”

CoCreate credits much of the early success of OneSpace.net to their free trial, which lets companies evaluate OneSpace.net in their own environments, on active projects. “Companies going through trials of OneSpace.net are impressed with how quickly the software installs and how easy it is to use,” said Gascoigne. “End users consistently report that they are able to install the software in under 10 minutes, and use it with real projects, to solve real problems, within 20 minutes. We know of no better way for companies to predict real life benefits than to actually put the software in the hands of real users.”

Trial users agree that it is the most effective way for companies to evaluate new software. Mark Wessels, Mold Designer at Applied Tech Products, said, “We used OneSpace.net several times with one of our customers during our trial, and found that it saved us a lot of time trying to communicate changes on a complex part. All it took was 10 to 15 minutes in each meeting to get our points across. The trial was an easy way to prove that OneSpace.net works exactly as promised.”

Thorsten Lutz, Managing Director at SMiTO also agrees with the benefits of the free trial. “The trial is a brilliant idea. Our decision to purchase OneSpace.net was based on our successful usage during our seven-day trial.”

Another selling point for OneSpace.net is its low, flexible pricing schedule. “OneSpace.net occupies a unique place in the collaborative software market, in that it is affordable for companies of all sizes,” said Gascoigne. “OneSpace.net is leapfrogging traditional companies in the PLM industry that have priced their solutions out of reach of small to mid-size organizations. While traditional PLM software requires lengthy planning and implementation efforts and takes years to achieve positive payback, OneSpace.net can be implemented in minutes, and companies can start seeing return on investment the same day. Nobody else in the industry can say that.”

Many respected analyst firms have recognized collaboration software such as OneSpace.net as a bright spot in a humbled industry. “Visual collaboration software delivers the fastest value at the lowest cost when compared to other classes of PLM-related applications,” said Marc Halpern, Research Director at Gartner. “Product development companies should invest in collaborative software as an early step in improving their product development performance. Collaboration software is extremely important for firms who depend on the supply chain for their survival.”

OneSpace.net is designed specifically as a lightweight collaboration tool for engineering data and project teams. It includes a secure project workspace, integrated meeting center for Web-based meetings, application sharing, instant messaging, decision and task tracking, and a 3D model explorer for evaluating product designs. For further information, or to sign up for a free trial, please visit www.onespace.net

 
  Press Contacts:

USA
Irv Christy
USA Director of Marketing
3801 Automation Way, Suite 110
Fort Collins, Colorado 80525

Phone: +1 (970) 267-8197
Fax: +1 (970) 267-8068
Email: irv_christy@cocreate.com

Japan
Reiko Tai
Marketing Communications Manager
Keio Fuchu 1-chome Bldg., 1-9 Fuchu-cho, Fuchu-shi
183-0055 Tokyo
Japan
Phone: +81-42-352-5938
Fax: +81-42-352-5658
Email: reiko_tai@cocreate.com

Germany
Thomas Roser
Director of European Marketing
Posener Strasse 1
71065 Sindelfingen
Phone: +49-7031-951-2208
Fax: +49-7031-951-6208
Email: thomas_roser@cocreate.com

 
About CoCreate
CoCreate produces CAD and Collaboration software to help companies design products, share ideas, and manage data. Our OneSpace Designer CAD products include 2D drafting, 3D modeling and data management tools. Our OneSpace Collaboration products let people interactively share documents, 2D drawings and 3D designs online—whether those designs were created with our CAD systems or those of other companies.

Our products foster innovation and communication across the extended development team, empowering people with various interests, skills and talents to join together to explore ideas and to make more rapid and better decisions.

CoCreate can be found in more than 30 countries and on the Web at http://www.cocreate.com.

CoCreate is a trademark of CoCreate Software GmbH & Co. KG. All other company or product names are the property of their respective holders.