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SofTech Group Completes PLM Business Acquisition

SofTech Group Inc. announced that it has completed the acquisition of SofTech, Inc.'s product lifecycle management (PLM) business, which includes the comprehensive ProductCenter PLM and SofTech Group Connectors software and and service solutions.

ProductCenter PLM has been proven to provide world-class manufacturers with the critical PLM features and capabilities needed to accelerate product development. With comprehensive, out-of-box capabilities, ProductCenter PLM is scalable from the workgroup to the enterprise and installs readily to provide a fast return on investment.

In addition, SofTech Group's computer-aided design (CAD) Connectors provide the ability to manage a company's critical CAD information while providing direct access to the Aras Innovator PLM application.

SofTech Group is committed to continue providing its ProductCenter PLM and SofTech Group Connectors customers with innovative software and service solutions along with superior customer support that both customer bases have been accustomed to working with. SofTech Group will also be exploring opportunities focused on overall core business improvement, development and expansion. The company looks forward to continuing the tradition of bringing quality, scalable, production proven solutions to market.

About SofTech Group

SofTech Group product lifecycle management (PLM) software solutions, which include ProductCenter PLM and the SofTech Group Connectors, are proven to optimize performance and deliver measureable business results. Our professional services group leverages business and technical expertise to develop value-driven, creative solutions resulting in long-standing client relationships.

Over 100,000 users benefit from SofTech Group solutions, including ACCO Brands Corporation, Esterline CMC Electronics, Goodrich, Honeywell, AgustaWestland and the U.S. Army. Headquartered in Lowell, Massachusetts, SofTech Group (www.softechgroupinc.com) has distribution partners in North America, Europe, and Asia.

ProductCenter is a registered trademark of SofTech Group. All products or company references are the property of their respective holders.

CONTACT:

Sarah Garagliano
Product Marketing
SofTech Group, Inc.
sarahg@softechgroupinc.com
(978) 513-2712