think3 Inc. Announces ESI Group as US Reseller of thinkcompensator
CINCINNATI, October 3, 2006 - think3 Inc., a leading supplier of product
development solutions, announced today that ESI Group, a world-leading supplier
and a pioneer of digital simulation software for prototyping and manufacturing
processes, will be the US reseller of its newest computer-aided design tool,
thinkcompensator™. thinkcompensator helps automotive OEMs and suppliers address
springback, a condition that occurs when materials, such as high-strength steel,
partially return to their original shapes after being stamped-making them
unusable for the intended application.
With thinkcompensator, engineers
can automatically bridge the gap between finite element analysis (FEA) results
that compensate for springback and the actual modification of tooling design
required to modify the shape quickly and accurately before production. Tooling
companies using thinkcompensator, such as Atlas Tools, which supplies stamping
dies and prototype parts for automotive stamping customers, are seeing up to a
50% improvement in compensated data quality and a 30% improvement in processing
time.
ESI Group currently offers a series of virtual manufacturing tools
for its automotive customers that include stamping solutions spanning the entire
tooling process. Providing a software package that integrates FEA results into
the modification of tooling design made sense.
"We can now deliver a
software package that takes our customers from product data to CAD data, with
validated and springback-compensated tooling that's ready for machining," said
Michael Bloor, Chief Operating Officer for ESI Group North America. "With the
incredible amount of competition in the automotive industry, we're always
looking for ways to compress delivery timeframes without compromising quality.
We can deliver technology that automates functions with improved quality that
will drive cost out of the product and speeds time to market." To put this into
perspective, an average automotive die tool set costs approximately $500,000.
Tool corrections for a single recut can run between 10 to 20 percent of the
tooling costs, and slow down the process during critical phases of the
production schedule.
"ESI Group is a recognized leader in delivery and
support of virtual prototype testing software products that reduce cost and
improve productivity in the automotive tool and die market," said Alain Massabo,
Vice President of Advanced Research and Development at think3. "We're very
pleased to have them as our partner, representing our products as a part of the
think3 channel network. A technical relationship should lead both companies to
an unmatched offer for domains requiring a compensation of the manufacturing
process."
How thinkcompensator Works
Building on think3's
powerful global-shaped modeling technology, thinkcompensator bridges the gap
between FEA predictions and optimized tooling design. thinkcompensator automates
the process-saving time, replacing tedious manual labor and maintaining the same
surface structure (topology) and quality (continuity) as the original surface
model.
Using thinkcompensator with FEA data reduces user interaction,
eliminating the need for engineers to spend time rebuilding geometry to
compensate surfaces. thinkcompensator speeds the process, allowing engineers to
create better and additional design iterations so that materials can be
correctly cut the first time.
thinkcompensator works in three simple
steps:
FEA information is read into thinkcompensator, and the
compensated FEA mesh becomes the target of an automated process
The user
determines the design accuracy
About ESI GROUP
ESI Group is a
world-leading supplier, and a pioneer of digital simulation software for
prototyping and manufacturing processes that take into account the physics of
materials. ESI Group has developed an extensive suite of coherent, industry
oriented applications to realistically simulate a product's behavior during
testing, fine-tune manufacturing processes in accordance with design product
performance, and evaluate the environment's impact on product performance. ESI
Group's products, which have a proven track record in manufacturing and have
been combined in multi-trade value chains, represent a unique collaborative and
open virtual engineering solution known as the Virtual Try-Out Space (VTOS),
enabling virtual prototypes to be improved in a continuous and collaborative
manner. This integrated protocol allows all the company's solutions to work with
each other and with applications developed by independent software vendors. By
significantly reducing costs and development lead times and enabling
product/process synergies, VTOS solutions offer major competitive advantage by
progressively eliminating the need for physical prototypes during product
development. The company generated sales of €62.2m in 2005, and employs over 500
high-level specialists worldwide covering more than 30 countries. ESI Group is
listed in Eurolist compartment C of Euronext Paris. For further information,
visit www.esi-group.com.
About
think3 Inc.
think3 provides innovative, next-generation industrial
design solutions for the industrial design industry and is a leading supplier of
product development solutions to mid-sized manufacturers worldwide. Customers
include Honda, BMW, Mazda and Alessi. Overall, the company enables more than
5,000 manufacturers to achieve dramatic gains in competitiveness and
profitability by optimizing their product development process. think3's
best-of-class products, services and unique business delivery model lower
manufacturers' risks and remove barriers to successful implementation. With
headquarters in Cincinnati and offices throughout Europe, Asia and North
America, the privately held company has been leading innovation for more than 20
years. For more information, visit www.think3.com.

