After India and China, think3 targets Russia

The multinational company partners with the Russian Axoft Company to enhance the distribution and sale of its solutions in Russia, CIS and Mongolia

Milan – Think3, the only supplier able to offer a technology that combines product concept, development and implementation design environments, expands its Russian sales network thanks to Axoft Company, a Moscow-based distributor that can effectively and extensively cover the Russian, CIS and Mongolian markets.
The agreement arises form the will of the multinational to maximize its presence in an extremely large market offering great opportunities like the Russian one, and to strengthen it sales network in Eastern markets with a partner with considerable expertise in distributing software solutions, that is also able to propose all think3 styling, engineering, tooling and PLM products while offering training and consulting services to its subdealers.

Axoft Company, has been operating for almost 10 years and has 40 offices in its territory. The company distributes solutions for more than 400 vendors, including Microsoft, Oracle, Computer Associates, Adobe, MathWorks, McAfee, Trend Micro, and boasts a network of 4000 partners (resellers, system integrators, OEMs, ISVs etc.), to whom Axoft will provide think3's CAD and PLM solutions.

Think3's partners are chosen by their capability to cover an assigned geographic area and provide support to their clients with the same attentiveness and competence that anybody directly from the think3 would. At the moment, think3 counts more than 50 VARs in more than 20 countries, that are carefully selected and supported with technical and sales training.

"With think3, we were able to enrich our offering with a new and prestigious brand which adds luster and competitiveness to our offering, especially in a strategic segment like the CAD and PLM one" – said Vadim Korolkov, CEO Axoft Company – "We believe think3's products have all the technological and business qualities to be very successful both with our existing customers and in new business areas."

"Our partnership with Axoft Company is a further step in the strategic expansion of our global sales network", said Amedeo Brasolin, Vice President Sales, think3. "Among the most important emerging countries, Russia has the third fastest growing market after China and India, countries where think3 is already present. I am sure that the expertise, skills and efficiency of Axoft Company will significantly drive think3's growth in this country which, with its rapidly expanding economy and growing industrial production (in the manufacturing industry in particular), is an extremely interesting market for us to invest in."

At present «Axoft» is a leading provider of wide range of software on Russia's and CIS countries. As a portfolio company products in more than 400 vendors. Axoft partners' network consists of more than 4000 companies. "Axoft" Regional Offices operate in 28 cities of Russia and 5 in CIS. Total revenue — $ 70.5 Mio; sales growth over 160% compared with the year 2006. More in-depth information about the company "Axoft" can be found on the corporate site www.axoft.ru

Think3 has been operating in the ICT sector for more than 25 years and provides the only technology that links three separate design areas: the concept, its development and the finished product. In this way, think3 enables thousands of company customers to innovate, to compete and to rise to the challenges of global markets, thanks to the integration of processes, which helps to accelerate time to market and to reduce costs. Having been active in emerging markets with dedicated structures for many years, think3 can provide outsourcing services, thus offering companies a new opportunity to go international.

Think3 boasts a consolidated presence across Europe, the US and Asia. The company has also secured a strong presence in China following joint venture deal sealed with Beijing Extech Science & Technology Co. Ltd to create EXTECH, a brand new company based in Beijing, with offices across the country. In the rest of the world, think3 is present throughout its network of selected VARs (Value Added Resellers). All this means that think3 can count among its customers some of the most significant enterprises in the industrial market.