Geometric to launch CAMWorksXpress at EuroMold 2011

Geometric Limited announces the launch of a new CAM package at a surprisingly affordable price, to address the needs of the home machinist and the new users of 3D CAM software. This new and easy to use CAM package, CAMWorksXpress, will be launched at EuroMold 2011, in Booth # B112, Hall 11.0, from November 29 - December 2, 2011, at the Exhibition Centre, Frankfurt, Germany.

“CAMWorksXpress is an ideal solution for programmers and machinists who are looking for an easy to learn and easy to use 2.5D machining CAM package which is powerful, yet inexpensive. Since CAMWorksXpress incorporates feature based machining and model associativity, it reduces the programming time considerably, giving our customers’ an edge over their competitors", says Mr. Sunil Palrecha, Director - Product Marketing and Sales, Geometric.

CAMWorksXpress runs seamlessly inside SolidWorks, and provides the high powered features required for machining parts efficiently. Features that make CAMWorksXpress a better choice are:

- Reduced learning curve with Seamless single window integration within SolidWorks
- Reduced programming time with automation tools, such as feature based machining
- Reduced rework since design changes in SolidWorks automatically updates toolpaths
- Increased machining productivity with optimized toolpaths
- Generating CNC code in a few clicks
- Importing design models from most common file formats such as IGES, SAT, ACIS, etc.
- Automatic recognition of features on native parts as well as imported part models
- Library of post processors for leading CNC Controllers
- Unlimited upgrade path to CAMWorks – The 1st Gold partner CAM product on SolidWorks

Users have the option to either download a free 30 days evaluation version of CAMWorksXpress or to order directly as an add-on module to SolidWorks from www.camworksxpress.com.

Geometric receives SAP ACE Awards 2011 for Customer Excellence

Geometric Limited (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM), Global Engineering Services and Offshore Product Development (OPD) solutions and technologies, announced that it has received the prestigious SAP ACE Award 2011 for Customer Excellence in the best-run financial systems category.

Geometric received the award at a ceremony held at Hotel Hyatt, Mumbai on November 3, 2011, for its notable SAP IT initiatives in the finance domain, which includes business planning & consolidation, MIS automation and business intelligence.

SAP ACE awards are an industry benchmark to recognize the best-run businesses in the Indian subcontinent. This year SAP evaluated over 300 nominations across 42 categories to recognize and honor business excellence achieved through the adoption of SAP solutions.

On receiving the award, Mr. Sanjeev Joshi said, "It's an honor to win the SAP ACE Award for Customer Excellence 2011. Our alliance with SAP helps various business processes across the organization to achieve operational excellence, improve operational efficiency and maintain unparalleled organizational agility. Our positive and proactive approach towards business drives us to implement effective IT solutions and innovate further for the benefit of our customers".

Geometric to showcase CAMWorks 2012 at EuroMold 2011

Geometric Limited will demonstrate the latest version of its intuitive CAM application, CAMWorks®, in Booth # 112, Hall 11.0 at EuroMold 2011, from November 29 - December 2, 2011 at the Exhibition Centre, Frankfurt, Germany.

The latest version, CAMWorks 2012, offers support for SolidWorks 2012, and provides customers with an opportunity to benefit from the seamless integration between the two products. The associative link between CAMWorks and SolidWorks reduces the burden of reworking NC programs.

At the exhibition, Geometric will demonstrate the new improvements and features included in CAMWorks 2012 that can help manufacturers program more effectively and turn virtual CAD models into reality. Attendees can also get demonstration of ElectrodeWorks™- Electrodes for CAMWorks, an optional electrode design solution that automates the entire process of calculation and design of EDM electrodes, including design, management, documentation, and manufacturing. It is seamlessly integrated with SolidWorks/ CAMWorks Solids assuring complete parametric association of data. During the event, certified CAMWorks technicians will be available to help with any questions, and to demonstrate and discuss the new features and enhancements of the software.

“EuroMold is an important trade show for us and an equally important event for manufacturing companies worldwide. With the significant growth in the mould making industry, most successful manufacturers are constantly seeking new innovative solutions that can help them enhance the productivity of their existing systems and minimize the lead time”, said Mr. Robert Hutter, Director, Product Sales – Europe.

Along with its proven benefits and support for SolidWorks 2012, the new release features:

- Feature recognition performance and improvements
- Version 4.0 of VoluMill™ with the new non-concentric milling technology that reduces cutting-tool loads and evacuates chips more efficiently
- Significant time reduction while saving files with large number of tool path moves
- Ability to add new tools into the proprietary Technology Database from within CAMWorks
- Shaded display of ‘Contain’ and ‘Avoid’ areas
- Turning roughing operations that now support user-identified inserts

Geometric releases CAMWorks 2012

Geometric Limited announced the release of its solids-based CNC programming solution, CAMWorks 2012, with support for SolidWorks 2012, as well as improvements to enable faster and easier programming, and to produce more efficient tool paths for improved machining productivity.

“We constantly strive to meet the requirements and changing needs of our users, while also ensuring they benefit from the latest technology advancements for machining. Moreover, providing them with the newest version support for SolidWorks, reinstates our commitment towards always making CAMWorks ready to be paired with the latest upgrade in their design CAD package”, said Bruce Wiener – Director, R&D for CAMWorks.

Some of the improvements in functionality and ease-of-use in CAMWorks 2012 include:

- Support for SolidWorks 2012
- Feature recognition performance and recognition improvements
- Version 4.0 of VoluMill with the new Non-Concentric Milling technology that reduces cutting-tool loads, and evacuates chips more effectively, thereby increasing the tool life
- Reduction in the time taken to save the files containing a large number of tool path moves
- Ability to add new tools into the TechDB from within CAMWorks
- Shaded display of Contain and Avoid areas
- Turn roughing operations now support user defined inserts

To learn more about CAMWorks 2012, please visit www.camworks.com.

Geometric appoints Arvind Kakar as CFO

Geometric Ltd. (BSE: 532312, NSE: GEOMETRIC), announced the appointment of Mr. Arvind Kakar as the Chief Financial Officer and Global Head, Finance & Accounts effective October 7, 2011. Mr. Kakar has over 21 years of experience in the finance industry across multiple verticals like healthcare, financial services, and manufacturing industry; and will be responsible for the company's worldwide financial planning and analysis, legal, and administration.

Announcing the appointment, Mr. Manu Parpia, MD & CEO, Geometric said, “We are very pleased to welcome Arvind to the senior management team. We have embarked on a journey to transform our Company through improvements in internal productivity and accelerating growth. His financial acumen and experience will be of vital assistance in helping us achieve our targets”.

Prior to joining Geometric, Mr. Kakar served as the CFO of Max Healthcare Institute Limited, and had also worked with Tata Finance, Max India, and Hero Honda Motors. In his previous roles, Mr. Kakar has been instrumental in driving a number of initiatives in strategic planning and analysis, cost control initiatives, capital and revenue budgeting, working capital management, as well as investor relations. Mr. Arvind Kakar is a Chartered Accountant and holds a bachelor’s degree in commerce from Delhi University. Mr. Kakar said, “Engineering services outsourcing is at an inflection point for accelerated growth, which will give specialists like Geometric that are already in this space a decided edge. I look forward to being a part of this evolution.”

Geometric Ltd. Q2 FY 2011-2012 revenues rise 10.7% Q-o-Q

MUMBAI: Geometric Ltd. (BSE: 532312, NSE: GEOMETRIC), announced its Q2 financial results for FY 2011-2012 at the board meeting held today.

Highlights for the quarter ended September 30, 2011

* Consolidated revenues rise to Rs. 1912.30 Mn a rise of 10.7% from Rs. 1,726.89 Mn in Q1FY12; and up 25.9% from Rs. 1,519.31 Mn in Q2FY11
* In dollar terms, revenues rise 7.3% and 26.2% from Q1FY12 and Q2FY11 respectively to USD 41.40 Mn
* Operating Profit more than doubles to Rs. 200.83 Mn compared to last quarter’s profits of Rs. 99.76 Mn
* Added six new customers, and new business worth USD 8.16 Mn

The company recorded PAT (after extraordinary items) of Rs. 133.89 Mn, an increase of 14% from Rs. 117.41 Mn in the last quarter. The company’s PAT (before tax on sale of asset and prior period items) also rose by 67.5% and 47.9% to Rs. 200.91 Mn from Rs. 119.98 Mn in Q1FY12 and Rs. 135.88 Mn in Q2FY11, respectively. The company had to bear an extraordinary expense of taxes on an asset sold to its subsidiary, which impacted the after tax income. Without taking into account extraordinary items, the company achieved an EPS of Rs. 3.20 for the quarter. This figure however included an unrealized foreign exchange gain of approximately Re. 1 /share mainly due to revaluation of its US subsidiary.

On declaring the results, Mr. Manu Parpia, Managing Director & CEO said, “We have had a very good quarter both in terms of top-line and bottom line growth. We remain committed to the goal of improving the profitability of Geometric (excluding the joint venture), and our initiatives have helped us improve our margins this quarter.”

The company, including its subsidiaries, had over 4200 employees at the end of the quarter.

Key wins and additional business highlights for Q2 FY12

The company added six new customers during Q2; and new revenues of USD 8.16 Mn. Some of the significant wins in this quarter are:

* Design and implementation for integrated BOM management process on a leading PLM platform for an automotive major in North America
* Engagement with the Indian subsidiary of a global aerospace tier I supplier for computer aided engineering
* Engagement with a large Japanese marine engine manufacturer for product design and development
* Project for CAx applications and manufacturing engineering to global locations for an off-highway industry leader
* Won an Engineering Data (Matlab/MathCAD) Migration project with a leading oil and gas engineering company in Italy
* Won a technical documentation project for manufacturing work instructions with a leading industrial gas turbine company
* Successfully engaged with a leading North American machine tool company for designing their next generation water jet machining application
* Strengthened the engagement with a world leading earthmoving equipment company for data consolidation opportunity at the customer’s China site

Other important business highlights for the quarter include:

* Signed a ‘Qualified Supplier Agreement’ with a world’s leading oil and gas engineering company for providing end-to-end engineering solutions
* Received Frost & Sullivan’s 2011 Global Enabling Technology in Computer Aided Design for DFMPro
* Recognized as one of the five fastest growing CAM vendors in 2010 by CIMdata; also projected to be the five fastest growing companies for 2011
* Release of DFMPro version 3.1 for Creo Elements/Pro
* Employed a leading consulting firm to help us in a major initiative to transform the Company. The benefits from this initiative are already visible but will have a significant impact in FY 13

Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services and Digital Technology solutions for Product Lifecycle Management (PLM) enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

Headquartered in Mumbai, India, Geometric was incorporated in 1994 and is listed on the Bombay and National Stock Exchanges. The company recorded consolidated revenues of Rupees 6.21 billion (US Dollars 136.47 million) for the year ended March 2011. It employs over 3900 people across 11 global delivery locations in the US, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.

Geometric to showcase NextGen PLM solutions at PLM Europe - Siemens PLM Connection 2011

Geometric Limited, a leader in Product Lifecycle Management (PLM), Global Engineering Services and Offshore Product Development (OPD) solutions and technologies, announced that it will exhibit its next generation PLM solutions, including global services for Teamcenter adoption at the Siemens PLM Connection 2011, the Annual User Conference of Siemens PLM, at Linz, Austria from 17-19 October, 2011. The company will also showcase two of its latest innovations - an integrated quality management solution and soon-to-be launched multiplatform 3D viewer, at the event.

“Geometric has been successfully partnering with Siemens PLM for over a decade, and has extensive experience in providing solutions on NX and Teamcenter platforms to address engineering requirements across industries. We are currently working on a number of initiatives to help our customers leverage their investments in PLM, and I believe, the next couple of years will be very promising in terms of cross functional processes on the PLM backbone” says Mr. Nitin Tappe, Vice President and Global Operation Head at Geometric.

Geometric will showcase solutions that help maximize benefits from the end-user’s investment in the Teamcenter platform, and help in user adoption by doing more. One such solution is Integrated Quality Management (IQM), which bridges the gap between NPDI and quality management processes, and enables a coherent source of truth and management of new product development as well as quality related data. The company will also showcase its solutions for Teamcenter UA adoption. The company’s methodology and tools for implementation, migration, upgrade and integration are results of focused R&D to provide benefits including upto 20% reduction in the upgrade/migration time and alignment with OOTB features.

“In an organization, the number of consumers of product design and 3D data, who are non-CAD users, is 10 times more than the CAD users, who create the 3D data. These data consumers need an intuitive visualization solution with varying and particular processing capability. Our new technology addresses this need. It is a JT based visualization solution, and we have brought in innovation through an extensible and customizable framework, to enable the consumption of 3D data in an enterprise through the PC and other devices such as tablets including an iPad”, Mr. Tappe added.

Geometric adds tolerance and material based checks to DFMPro

Geometric Limited has announced the release of version 3.1 of its automated design for manufacturability tool, DFMPro for Creo®. The new version provides additional checks addressing manufacturing requirements for assembly and injection molding.

“Designers working on part models need to ensure tolerance values are in accordance with the appropriate standard for meeting the manufacturing process requirements. Checking linear and angular part tolerance for each component is a tedious process”, said Sameer Kondejkar, Head, Geometry Technology Solutions group at Geometric. “The new tolerance check capability of DFMPro highlights the tolerance zone that violates the specifications. This helps to cut down number of unwanted finishing process during manufacturing, leading to reduction in the cost and time taken to produce the part”, he added.

In version 3.1, two new checks for injection molding have been included:

1. Sudden wall thickness variation check: Avoid sudden wall thickness variation in model design which results in improper material flow, non-uniform material distribution and uneven cooling during manufacturing process, leading to downstream quality problems like sink marks and voids.

2. Material specific thickness check: Ensure usage of right material for nominal wall thickness ranges while designing injection molding models. This feature also allows the user to easily add new material or edit range values.

DFMPro for Creo has more than 100 design checks built-in for injection molding, sheet metal, machining (milling, turning and drilling) and assembly processes. The standard checks in DFMPro are derived from various handbooks, design guidelines and global best practices.

To see a demonstration of these new additions, as well as the various features of DFMPro, visit: dfmpro.geometricglobal.com/DFMPro_demo/index.html

Geometric to showcase reduction in programming time with CAMWorks® 2011 at EMO 2011

Geometric announced that it will showcase its fully automatic CNC programming system, CAMWorks® 2011 (www.camworks.com), at Booth #K16, Hall 25, at EMO Hannover, from September 19 to 24, 2011 at Exhibition Grounds, 30521, Hannover, Germany.

CAMWorks 2011 automates the CNC programming process, reduces the programming time by as much as 90 percent, and allows designing and manufacturing engineers to use a single common database for both product design and final machining.

Fast and intelligent roughing

CAMWorks 2011 introduces VoluMill®, the ultra-high-performance toolpath generator for 2.5 axis and 3 axis high speed rough milling. VoluMill can reduce cycle times by more than 80 percent, thereby increasing production by up to 500 percent. In addition, VoluMill establishes and maintains ideal cutting conditions. As a result, cutting tool life is dramatically extended and tooling costs can be reduced by over 80 percent. VoluMill also helps in avoiding costly collisions and greatly extends the life of machine tools.

Automate manufacturing processes

At the heart of CAMWorks 2011 is the world's leading Automatic Feature Recognition (AFR) software, making it the ideal CAM system for programming components. Using AFR, CAMWorks identifies the areas to be machined, and then uses its proprietary Technology Database (TechDB™) to generate toolpaths automatically. The result is fully automatic programming of families of parts, automatic programming of similar features on new parts, and the ability to incorporate manufacturing information directly into the solid model.

Additional features

CAMWorks 2011 has been upgraded to find more features, while reducing computation times by more than 50 percent. As part models become increasingly complex, recognizing more features in less time represents huge time savings. The Technology Database (TechDB) that is used to store and apply knowledge based machining information, has been enhanced to simplify the process of creating best machining practices. These features make CAMWorks' knowledge-based machining capabilities easier to use, and improves the consistency and quality of the programmed parts. In addition, CAMWorks' associativity accelerates new product development by automatically updating manufacturing models with design changes.

For the mold and die industry, Geometric has introduced ElectrodeWorks™, an optional electrode design solution that automates the entire process of calculation and design of EDM electrodes including design, management, documentation, and manufacturing. It is seamlessly integrated with SolidWorks/ CAMWorks Solids assuring complete parametric association of data.

About EMO Hannover:

Known as the premier international metalworking-technology trade show and meeting place for manufacturers throughout the world, EMO Hannover is a biennial exhibition of CAM software, machine tools, manufacturing systems, precision tools, computer technology, industrial electronics and accessories, and more.

Geometric receives Frost & Sullivan's 2011 Global Enabling Technology Award for DFMPro

DFMPro recognized for technological innovation in 'design for manufacturing' validation.

Mumbai: Geometric Limited today announced that it has received the prestigious 2011 Global Enabling Technology Award for Computer Aided Design (CAD) from the leading independent research consultancy, Frost & Sullivan. This award was conferred on Geometric’s DFMPro, a CAD integrated product, for its ability to facilitate upstream design validation for manufacturability, by providing an automated design review process and employing a standard operating procedure for knowledge capture and reuse.

“The advent of advanced authoring and design tools allows designer engineers to explore effective and efficient design alternatives. However, design engineers have not been able to maximise this potential due to the challenges in translating these designs into manufacture-able products. A product like DFMPro, which validates the manufacturability of designs right at the design stage, helps address this issue, and eliminates manufacturability concerns of any design”, said Muthukumar Viswanathan, Practice Director, Frost & Sullivan.

Geometric’s design for manufacturability solution was evaluated based on its ability to enhance current products, its potential for market acceptance, delivery of technology to market, and its end-user transition and recognition.

On receiving the award, Mr. Manu Parpia, MD & CEO, Geometric said, “Geometric has been developing products in the geometry domain for over two decades. We launched DFMPro in 2008 to help manufacturing companies reduce costs by identifying designs that are difficult, expensive or impossible to manufacture. We continue to improve the product over the years by covering more processes, manufacturability rules and checks. Frost & Sullivan’s award is a recognition of the contribution Geometric can make to help manufacturing companies compete”.

DFMPro is currently available for machining (drilling, prismatic milling, and lathe machining/ turning), sheet metal fabrication, injection molding, and assembly.

Viswanathan added, “The seamless integration of DFMPro with leading CAD platforms makes it easy to use. This automation of a traditionally manual process helps reduce design iterations, cost of design and time-to-market. In most cases, DFMPro has been known to reduce time by more than 50 percent.”

DFMPro has a proven track record with customers in various industries. One such company is Motorola Solutions Inc. The company’s Director of Mechanical Engineering Services, Mr. Vikram Bhargava said, “Congratulations to the DFMPro team for winning this accolade. We have been using DFMPro for our design validations and are impressed by its intuitiveness, seamless integration within our CAD platform and the ability to customize design rules. DFMPro has helped us improve design and reduce downstream issues.”

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

CIMdata recognizes Geometric as one of the five most rapidly growing CAM software vendors in 2010

Geometric, a leader in developing advanced manufacturing software, announced that it has been identified as one of the five fastest growing CAM software vendors for 2010, according to the recently released NC Software and Related Services Market Assessment Report, Version 20, by leading management consulting and technology research firm, CIMdata, Inc. Geometric is also projected to be amongst the top five fastest growing CAM vendors for 2011 for its NC software, CAMWorks® by the research firm. The assessment is based on the projected revenue growth.

CAMWorks , the most advanced CAM programming software available for getting products to market faster, more efficiently, and within budget. CAMWorks is a next generation best-of-class CNC programming solution for producing molded parts from solid models.

Mr. Sameer Kondejkar, Head, Geometry Technology Solutions Business at Geometric said, “We have been consistently providing the CAM community with the latest enhancements and features, accompanied with timely support. Our focused advancements based on customer feedback, strong reseller engagement, and dedicated marketing efforts have resulted in a strong year for CAMWorks. We are committed to continuously developing CAMWorks to help drive innovation in the manufacturing industry”.

CAMWorks® 2011, the latest version of the NC software, provides significant new capabilities, including enhanced automation, improved knowledge-based machining information, new electrode design solution for mold and die industry, smarter tool paths, and more.

Geometric to showcase 'From Orders to Parts' with CAMWorks® 2011 at imX 2011

Geometric announced that it will showcase its fully automatic CNC programming system CAMWorks® 2011, at Booth # 1908, at interactive manufacturing eXperience (imX) Show, from September 12 -14, 2011 at the Las Vegas Convention Center, Las Vegas, NV.

Announcing the new version, Sunil Palrecha, Director- Product Marketing & Sales, Geometric said, “In the current global scenario, manufacturing companies are searching for ways to automate their processes, compress delivery times, and reduce inefficiencies. In order to achieve these goals, they are looking for novel solutions for trapping manufacturing errors early in the design stage, and for effective collaboration between design and manufacturing. This can be easily facilitated by using an integrated SolidWorks solution like CAMWorks”.

CAMWorks 2011 will be demonstrated at the booth throughout the three day conference. Attendees will also have the opportunity to attend an interesting session, ‘From Orders to Parts – Integrated Design and Manufacturing’ at the Knowledge Bar on Monday, September 12, at 2.00 p.m. by Marc Bissell, Senior Applications Engineer, Geometric.

CAMWorks 2011 automates the CNC programming process, reduces programming time by as much as 90 percent, and allows engineering and manufacturing to use a single common database for both product design and final machining.

Fast and intelligent roughing

CAMWorks 2011 introduces VoluMill®, the ultra-high-performance toolpath generator for 2.5 axis and 3 axis high speed rough milling. VoluMill can reduce cycle times by more than 80 percent, thereby increasing production by up to 500 percent. In addition, VoluMill establishes and maintains ideal cutting conditions. As a result, cutting tool life is dramatically extended and tooling costs can be reduced by as much as 90 percent. VoluMill also helps avoid costly collisions and greatly extends the life of machine tools.

Automate manufacturing processes

At the heart of CAMWorks 2011 is the world’s leading Automatic Feature Recognition (AFR) software, making it the ideal CAM system for programming components. Using AFR, CAMWorks identifies the areas to be machined, and then uses its proprietary Technology Database (TechDB™) to generate toolpaths automatically. The result is fully automatic programming of families of parts, automatic programming of similar features on new parts, and the ability to incorporate manufacturing information directly into the solid model.

CAMWorks 2011 has been upgraded to find more features, while reducing computation times by more than 50 percent. As part models become increasingly complex, recognizing more features in less time represents huge time savings. The Technology Database (TechDB™) that is used to store and apply knowledge based machining information, has been enhanced to simplify the process of establishing best machining practices.

These features make CAMWorks’ knowledge-based machining capabilities easier to use, and improves the consistency and quality of the programmed parts. In addition, CAMWorks associativity accelerates new product development by automatically updating manufacturing models with design changes.

For the mold and die industry, Geometric has introduced ElectrodeWorks™, an optional electrode design solution that automates the entire process of calculation and design of EDM electrodes including design, management, documentation, and manufacturing. It is seamlessly integrated with SolidWorks/ CAMWorks Solids assuring complete parametric association of data.

Geometric implements large scale desktop virtualization with NetApp, Cisco and Citrix technologies

Virtualizes 250 desktops using Virtualization Experience Infrastructure (VXI); Company to adopt cloud infrastructure to drive higher business productivity.

Mumbai — Geometric Limited today announced a large scale desktop virtualization implementation based on the Virtualization Experience Infrastructure (VXI) architecture with Cisco, NetApp and Citrix technologies. VXI is a service-optimized desktop virtualization platform that can deliver any application to any device in any workplace environment, support a rich user experience, and provide IT with additional security and control.

The deployment will allow Geometric employees to access their server-hosted virtual desktop from anywhere and from a broad range of devices, with the cloud infrastructure also helping to drive business productivity and reduced operating costs.

“We evaluated several solutions before we chose to adopt the VXI architecture from Cisco, NetApp, and Citrix to solve our virtualization needs. This solution allows our employees to work from anywhere, at any time, using any device of their choice, without affecting security or performance; thereby providing flexibility to our employees and enabling continuous support for our customers. Moreover, it also reduces the time and effort needed for provisioning and maintenance of computing resources,” said Prashanta Ghoshal, Director, IT Solutions and Services, Geometric.

Highlights

* Based on NetApp unified storage, Cisco Unified Computing System, and Citrix XenDesktop the VXI architecture offers templates for easy deployment, a starter kit for the first 300 desktops, and plug-and-play expansion packs to scale to tens of thousands of additional users.
* A cost reduction of Rs. 1.2 million (approx. USD 27000) is anticipated with the deployment of 600 desktops. Geometric has already achieved significant benefits by an initial deployment of 250 desktops, which will further improve with scale.
* By adopting the VXI solution the company has been able to centralize desktop management and as a result not only reduce the security threat but also reduce the time spent on management (for tasks like installation restoration of OS and other applications).
* Cost efficiencies are expected to increase further by enabling longer desktop refresh cycles, resulting in greater opportunity to enable highly secure remote working, telecommuting and use of consumer computing devices.
* Geometric is looking to provide end users access to their Virtual Desktops from their own devices or from their homes in the future, and is working towards deploying a Virtual desktop solution for 3D Graphics applications.

"We are witnessing a rapid adoption of virtualization technologies across customers of all segments. The solution we have developed with Cisco and Citrix incorporates software, hardware and support into a unified offering that makes desktop virtualization easy to deploy, easy to support and easy to scale. NetApp solutions and virtualized storage technologies help customers maximize efficiency to change the economics of IT and flexibility to respond at the speed of business,” said Rajesh Janey, President – NetApp India & SAARC.

“VXI expands the scope and offers a new, network-based approach to virtualization, which provides Geometric employees with greater choice and flexibility based on specific application needs and business requirements. The unique design spans Cisco's Data Center, Borderless Networks and Collaboration architectures enabling customers to deliver timely deployment of the latest services, applications and endpoint devices and a consistently productive user experience, with increased security and efficiency," said Rajesh Rege, Sr. Vice President- Data Center, Cisco India & SAARC.

"We believe Virtualization and cloud computing will offer Geometric a powerful set of tools to enhance agility and availability. It will bring in the much required efficiency and will deliver IT infrastructure, desktops and applications as a service. As a key player in the virtualization space we think that this collaboration will bring in fundamental changes in Geometric business productivity," said Sanjay Deshmukh, Area Vice President, India, Citrix Systems Inc.

Geometric declares revenues of Rs. 1,726.89 Mn; a rise of 27.5% Y-o-Y

Consolidated revenues rise to Rs. 1,726.89 Mn, up 1.6% from Rs. 1,700.30 Mn in Q4FY11, and up 27.5% from Rs. 1,354.50 Mn in Q1FY11.

Mumbai - Geometric Ltd announced its Q1 financial results for FY 2011-2012 at the board meeting held today.

Highlights for the quarter ended June 30, 2011

Consolidated revenues rise to Rs. 1,726.89 Mn, up 1.6% from Rs. 1,700.30 Mn in Q4FY11, and up 27.5% from Rs. 1,354.50 Mn in Q1FY11
PAT (after extraordinary items) at Rs. 117.41 Mn, a rise of 10.9% from Q1FY11
Profit before tax (PBT) of the company also rose to Rs. 176.95 Mn, a 29.5% increase from Q1FY11
Added five new customers, and new business worth USD 9.38 Mn
An EPS of Rs. 1.88 for the quarter

The company recorded operating revenues of USD 38.59 Mn for the quarter ended June 30, 2011, a rise of 2% and 30.4% compared to revenues of USD 37.84 Mn in last quarter, and USD 29.59 Mn in the same quarter last year, respectively. The company's operating profits almost doubled to Rs. 99.76 Mn, when compared with previous year's profits of Rs. 55.02 Mn in the same quarter.

On declaring the results, Mr. Manu Parpia, Managing Director & CEO said, "As communicated last time, we had an expected flat quarter due to delay in commencing projects. In addition, the first quarter margins were also impacted by annual wage increases. Despite this, we have been able to improve our operating margins when compared to last year. Actions have also been put in place to improve our utilization and offshore-onsite mix to increase profitability that will bear results in the coming quarters."

The company, including its subsidiaries had 3969 employees at the end of the quarter.

Key wins and additional business highlights for Q1 FY12

The company added five new customers during Q1; and new revenues of USD 9.38 Mn.

Some of the significant wins in this quarter are:

A multi-million dollar engagement with a leading off highway equipment manufacturer in the US for providing manufacturing engineering services as a part of the customer's long term strategic roadmap
Oracle Agile customization and integration project with SAP for a leading electronics manufacturing services provider in APAC
A co-development project for the CAPA (Corrective Action Preventive Action) module of Quality Management solution with a leading PLM ISV
A new engagement with US based manufacturer of dental (medical) devices for development of an intraoral scanner software system
An engineering design support engagement in China for a leading manufacturer of earth moving equipment
Extension of services for technical documentation of manufacturing instructions for a leading solar equipment manufacturer

Other important business highlights for the quarter include:

Completion of the formalities for the merger of DELMIA Solutions Pvt. Ltd. with our joint venture company, 3D PLM Software Solutions Limited effective July 1, 2011
Partnership with Metamation, Inc., a leader in providing CAD/CAM nesting solutions for sheet metal Industry, for supporting CAMWorks®
Release of DFMPro version 3.0 for Creo Elements/Pro and NestLib 2011 R2

Geometric releases NestLib® 2011 R2 with improved material savings

New features in nesting to meet advance cutting requirements.

Mumbai : Geometric Limited today announced the release of NestLib® 2011 R2 with the improvements in grid nesting algorithm and new features to meet advance cutting requirements.

The highlights of NestLib® 2011 R2 are:

* Material saving, using the improved grid algorithm
* Multi–tool support for cutting different edges in a part by incorporating different tool compensation in the nested layout
* Capability to handle piercing data attached to a part while nesting

NestLib is recognized as one of the fastest and most efficient nesting technologies in the market, focused on optimizing two dimensional packaging. It has been licensed by over 100 independent software vendors and original equipment manufacturers (OEM) worldwide over the last 17 years. It provides optimized, high speed and robust algorithms for fully automated true shape nesting. The NestLib portfolio includes:

- Shear nesting for saw parts requiring end to end cutting
- Common Punch specially designed for parts to be cut using punching machines
- Leather nesting for leather parts with different quality patterns
- Remnant generation for automatic remnant creation after nesting
- Tube nesting for tube cutting and pipe cutting
- Common Cut for nesting adjacent parts such that they share a common flame path

NestLib is available as a static library, Dynamic linked library (DLL), and COM DLL. It also supports Java and .NET framework. NestLib is available for 32 -bit and 64 -bit Microsoft Windows OS as well as for Sun Solaris and Linux platforms. It can be ported to Mac OS on demand. NestLib also supports multi-core computing for both dual core and quad core computers.

Geometric partners with Metamation, Inc.

Mumbai: Geometric Limited has announced a partnership with Metamation, Inc., a leader in providing CAD/CAM nesting solutions for sheet metal Industry, for supporting CAMWorks® .

Through this partnership, Geometric will promote MetaCAM, a sheet metal product from Metamation, Inc., and related literature along with their product CAMWorks by including it in their offerings and recommending it to their resellers and end customers. Metamation Inc., will in turn, provide Geometric training and support for their product.

“We see mutual benefits in collaborating with Metamation, Inc., which will help CAMWorks expand its base in USA and Mexico in particular. It will also help CAMWorks VARs to offer both fabrication as well as machining solution to our customer base”, said Mr. Sunil Palrecha, Director – Product Marketing and Sales.

Metamation, Inc., founded in 1995, is a leader in CAD/CAM software solutions for the fabricating industry. With a few thousand seats installed across North America, Europe, Asia and Australia, the Metamation product line is well known for its class leading performance and ease of use. The Metamation product line includes its flag ship sheet metal CAD/CAM software MetaCAM, integrated automation software Enterprise and Solidworks® integrated sheetmetal solution Metaworks-SW. Metamation, Inc in North America is headquartered in Reno, NV with a large distributor network in Canada, Mexico and USA. Metamation also has strategic offices in Japan and India contributing to the Metamation products as they are known today.

Geometric to showcase DFMPro 3.0 at PlanetPTC Live 2011

Motorola Solutions to present its experience with DFMPro at the event.

Mumbai: Geometric Limited, a leader in Product Lifecycle Management (PLM), Global Engineering Services, and Offshore Product Development (OPD) solutions and technologies, will showcase its easy to use manufacturability automation software DFMPro for Creo Elements/Pro® 3.0 at Booth #510, at PlanetPTC Live, from 12-15 June, 2011 at the Caesars Palace Las Vegas Hotel, Las Vegas, Nevada, USA.

Geometric will provide product demos at the booth throughout the event. In addition, Mr. Paul Lalinde from Motorola Solutions will also be presenting on the topic of ‘Automating Manufacturability checks with DFMPro’ during the partner track session at 11:00 AM on June 14, 2011 in the Octavius 20 room. Mr. Lalinde will share his experiences on the various challenges faced by Motorola Solutions in the area of DFM, the measures he took to address some of those problems, and how DFMPro helped automate the process.

At the event, Geometric will demonstrate methods of performing automated manufacturability checks using DFMPro for various processes like injection molding, sheet metal, machining (milling, turning, drilling). The newly added assembly checks module will save a lot of time for design engineers where clearance between individual, as well as, set of components can be checked automatically, thus reducing the checking time from days to minutes.

Visitors will also have an opportunity to participate in a unique design contest at the booth.

Geometric releases DFMPro version 3.0 for Creo Elements/Pro

New feature supports analysis of assemblies and sub-assemblies.

Mumbai: Geometric Limited today announced the release of version 3.0 of DFMPro for Creo Elements/Pro®.

Designers working with assemblies have to repeatedly check clearances between sets of components, which can be extremely difficult and time consuming. Users not only need global clearances but also require clearance checks between specific component pairs. A lot of time is spent in performing such clearance checks and again in reviews to reduce possibilities of human errors.

The new release of DFMPro helps to define the clearance requirements as rules which can be easily specified for individual as well as a set of components. Checking of complex assemblies becomes easy at just a click of a button. The analysis results can also be exported and shared with other users. This drastically reduces checking time from days to hours and ensure adherence to nominal clearance specifications.

“Many of our industrial, consumer electronics, automotive, heavy engineering and aerospace customers have stated their requirements for checking specific clearances between various components. It is important to maintain minimum clearance between components or parts during assembly to meet high temperature, high voltage and other such operating conditions. DFMPro helps to easily specify clearance requirements around capacitors, between heat sinks and casings, from harnesses to nearby components and many others”, said Rahul Rajadhyaksha, Product Manager DFMPro.

Another new feature is the hole-alignment check. This is a simple yet powerful functionality, as checking hole-alignment visually is a tedious process.

DFMPro automates manufacturability checks which help design and manufacturing engineers validate the design quickly. It assists identification of design areas which are difficult, expensive or impossible to manufacture, assemble and service. It works on principle of ‘Right First Time’ by validating manufacturability guidelines right at the design stage. These guidelines can be easily configured as per organizational requirements in form of rules. It facilitates a collaborative design environment by generating reports which are compact and easy to share.

Geometric to showcase reduction in programming and machining time with CAMWorks® 2011 at Eastec 2011

Scottsdal: Geometric announced that it will showcase its fully automatic CNC programming system CAMWorks® 2011, at Booth #5458, at Eastec 2011, from 17 to 19 May, 2011 in West Springfield, MA, USA.

CAMWorks 2011 automates the CNC programming process, reduces programming time by as much as 90 percent, and allows design and manufacturing engineers to use a single common database for both product design and final machining.

Fast and intelligent roughing

CAMWorks 2011 introduces VoluMill®, the ultra-high-performance toolpath generator for 2.5 axis and 3 axis high speed rough milling. VoluMill can reduce cycle times by more than 80 percent, thereby increasing production by up to 500 percent. In addition, VoluMill® allows you to establish and maintain ideal cutting conditions. As a result, cutting tool life is dramatically extended and tooling costs can be reduced by over 80 percent. VoluMill also helps avoid costly collisions and greatly extends the life of machine tools.

At the heart of CAMWorks 2011 is the world’s leading Automatic Feature Recognition (AFR) software, making it the ideal CAM system for programming components. Using AFR, CAMWorks identifies the areas to be machined, and then uses its proprietary Technology Database (TechDB™) to generate toolpaths automatically. The result is fully automatic programming of families of parts, automatic programming of similar features on new parts, and the ability to incorporate manufacturing information directly into the solid model.

Something good gets even better

CAMWorks® 2011 has been upgraded to find more features, while reducing computation times by more than 50 percent. As part models become increasingly complex, recognizing more features in less time represents huge time savings. The Technology Database (TechDB™), that is used to store and apply knowledge based machining information, has been enhanced to simplify the process of creating best machining practices. These features make CAMWorks’ knowledge-based machining capabilities easier to use, and improves the consistency and quality of the programmed parts. In addition, CAMWorks associativity accelerates new product development by automatically updating manufacturing models with design changes.

For the mold and die industry, Geometric has introduced ElectrodeWorks™, an optional electrode design solution that automates the entire process of calculation and design of EDM electrodes including design, management, documentation, and manufacturing. It is seamlessly integrated with SolidWorks/ CAMWorks Solids assuring complete parametric association of data.

EASTEC Exposition, organized by Society of Manufacturing Engineers, is the largest annual precision manufacturing event on the East Coast, where manufacturers gather to learn about new innovations and upgrade their equipment and capabilities.

Geometric declares Net Profit of Rs. 575.21 Mn for FY11 - up 23.3% from the previous year

Consolidated revenues for the year rise 21.3%.

MUMBAI: Geometric Ltd announced its Q4 and annual results for FY 2010-2011 at the board meeting held today.

Highlights for financial year ended March 31, 2011 (FY11)

* The company’s consolidated revenues rise 21.3% to Rs. 6,206.12 Mn for the year, as against
Rs. 5,115.62 Mn last year
* USD revenues rise 26.2% to USD 136.47 Mn from the previous year
* FY11 net profit increases 23.3% to Rs. 575.21 Mn, compared to a profit of Rs. 466.60 Mn in FY10
* Revenue contribution from the US increased from 63.3% to 72.8%, signifying the revival of the geography after the recessionary trends seen in the previous year
* EPS of Rs.9.24 in FY11, as against Rs. 7.51 in FY10
* Added 33 new customers during the year
* Recommended dividend of 60% on face value of Rs. 2 per share, by the board of directors

Highlights for the quarter ended March 31, 2011 (Q4 FY11)

The company recorded operating revenues of Rs. 1,700.30 Mn for the quarter ended March 31, 2011, a rise of 4.2% and 33.7% compared to revenues of Rs. 1,632.02 Mn in last quarter, and Rs. 1,271.71 Mn in the same quarter last year, respectively. In US dollar terms as well, consolidated revenues increased 4.4% Q-o-Q and 35.9% Y-o-Y to USD 37.84 Mn.

The company saw an increase in operating profits to Rs. 153.20 Mn in Q4FY11, as against profits of Rs. 134.52 Mn in Q3FY11 and Rs. 119.23 Mn in Q4FY10, a rise of 13.9% and 28.5% respectively. Net profit of the company rose to Rs. 178.43 Mn in the quarter, a 16.8% increase from the subsequent quarter’s profits of Rs. 152.73 Mn, and a 50.8% increase from Q4FY10 profit of Rs. 118.36 Mn.

The company had a total employee strength of 3905 employees as of March 31, 2011, including its subsidiaries.

On declaring the results, Mr. Manu Parpia, Managing Director & CEO said, “The results of FY11 have been exceptional. They reflect the growing demand for our solutions and services, which we see continuing for the foreseeable future. The focus of the coming year will be improvement in margins, especially as the tax holiday is over. Therefore, our efforts will be directed at ensuring we continue to grow revenues and simultaneously improve our margins.”

Business outlook

“At the moment the company is not in a position to provide a guidance for the next year. However, revenue is expected to be flat or slightly lower when compared to the previous quarter due to delays in commencing projects. As the company proposes salary increase in line with market conditions, we expect pressure on margins in the first quarter”, he added.

Key wins and additional business highlights for Q4 FY11

The company added 5 new customers during Q4, and 33 new customers during the year; taking the total number of active customers to 100. Some of the significant wins in this quarter are:

* A multiyear contract for development and maintenance of CAD/DMU & PLM for an aerospace major
* A Greenfield Oracle Agile PLM implementation program for a leading Indian pharmaceuticals company
* Offshore-based AMS services on Teamcenter for a leading oilfield products and services company in the US
* Development of an integrated manufacturing process planning application for a global leader in construction and off-highway equipment
* A large software product development project for a leading machine tools manufacturer in Europe. Project won after successful completion of a solution definition and design consulting engagement with the same customer
* An annual contract for press tool design services for a leading European industrial equipment manufacturer

Other important business highlights for the quarter include:

* NASSCOM IT Innovators 2011 recognition for the fourth consecutive year for a design process innovation
* Opening of the first Canadian office in Montreal
* Release of version 8.0 of eDrawings Professional for Pro/ENGINEER, RapidFire Lite, Solid Edge and Google SketchUp