Dassault Systemes (DS) (NASDAQ: DASTY) (Paris:DSY), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced the appointment of Jeff Ray as CEO of SolidWorks, Dassault Systemes' brand for mainstream 3D mechanical design software. Previously chief operating officer, Ray is replacing John McEleney. Ray will be responsible for making SolidWorks the industry standard in mainstream 3D CAD.
"Jeff brings a wealth of industry and management experience to his new role that will assure SolidWorks' successful performance in the next stage of its development," said Bernard Charles, president and CEO of Dassault Systemes. "John has done a fantastic job of transforming SolidWorks from an ambitious startup into a successful global organization with an unrivaled distribution channel through his unwavering commitment to customers, community, employees, and colleagues."
Ray joined SolidWorks in October 2003 as chief operating officer. He has been instrumental in improving global distribution performance and increasing revenue, profit, and global market share. His four years at SolidWorks extend his nearly 30-year record of building and transforming operations in international businesses. He has held senior executive positions at companies including Progress Software, Compuware and IBM.
Founded 14 years ago by Jon Hirschtick and under John McEleney's strong leadership since 2001, SolidWorks is a remarkable success story. Ten years after its acquisition by Dassault Systemes, SolidWorks' revenues have increased almost forty fold and over 680,000 users now benefit from SolidWorks' solutions.
McEleney is retiring to embrace new personal opportunities. He will remain closely linked to the company as a member of SolidWorks' board of directors and Dassault Systemes' global management team until the end of the year.
About SolidWorks
SolidWorks, Dassault Systemes' brand for 3D mechanical design software, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (www.solidworks.com) or call 1-800-693-9000 (outside of North America, call +1-978-371-5000).
About Dassault Systemes:
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systemes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systemes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systemes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com
CATIA, DELMIA, ENOVIA, SIMULIA, SolidWorks, and 3D VIA are registered trademarks of Dassault Systemes or its subsidiaries in the US and/or other countries.
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