Forsyth Tech Receives In-kind Software Grant From Siemens PLM Software Valued at $40.2 Million

Grant Is Largest In-Kind Grant Ever Received by College

(WINSTON-SALEM, March 10, 2011) – Forsyth Tech today announced an in-kind software grant from Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, with a commercial value of $40.2 million. This is the largest single in-kind grant the school has ever received.

The in-kind software grant, made through Siemens PLM Software’s GO PLM™ initiative, will provide the college with software introducing students to product design, development and manufacturing processes technology used by many of the world’s leading manufacturing companies.

The software, which includes Siemens PLM Software’s NX™ software, a comprehensive digital product development solution; and CAM Express software, a full function NC programming system, will be incorporated into the Mechanical Engineering Technology and Machining Technology curricula, which will be used, in part, to train those hired at the new Caterpillar facility in Winston-Salem.

“This grant from Siemens PLM Software exponentially expands our ability to train our students in advanced technologies and prepare them for in-demand manufacturing jobs,” said Todd Bishop, Program Coordinator of Forsyth Tech’s Mechanical Engineering Technology program. Bishop applied for the grant and will serve as a liaison between Siemens PLM Software and Forsyth Tech.

“Siemens PLM Software recognizes the important responsibility industry has in helping academic institutions to increase the skills of the workforce,” said Dave Shook, senior vice president and managing director, Americas, Siemens PLM Software. “Siemens PLM Software takes a leadership role in this critical process by providing Forsyth Tech access to PLM technology, which otherwise would be out of reach for the academic community, giving students a distinct advantage by being able to use the same PLM technology widely-used by many of the leading multi-national manufacturing companies around the globe.”

GO PLM Initiative

Siemens PLM Software’s Global Opportunities in Product Lifecycle Management (GO PLM™) initiative leads the industry in the commercial value of the in-kind grants it provides and brings together four complementary community involvement programs focused on academic partnership, regional productivity, youth and displaced worker development and the PACE (Partners for the Advancement of Collaborative Engineering Education) program. GO PLM provides PLM technology to more than one million students yearly at nearly 10,800 global institutions, where it is used at every academic level – from grade schools to graduate engineering research programs. For more information on GO PLM and the partners and programs it supports visit www.siemens.com/partners/goplm.

Note: GO PLM and NX are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries.