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Forming Technologies Announces FASTBLANK for PTC Pro/ENGINEER Wildfire 4.0

Powerful Blank Shape Development Integrated into Pro/ENGINEER Burlington, ON, CANADA — June 14, 2010 — Forming Technologies Inc. (FTI) the industry’s leading developer of solutions for design, simulation, and costing of sheet metal components, announced today the release of FASTBLANK for Pro/ENGINEER Wildfire 4.0. FASTBLANK for Pro/ENGINEER provides Pro/ENGINEER users with a fully integrated tool for developing optimal blank shapes for complex sheet metal components. “FASTBLANK for Pro/ENGINEER was a reaction to a large number of Pro/ENGINEER users insisting that we provide FASTBLANK within their CAD environment,” said Dan Marinac, FTI’s Director of Business Development. “FormingSuite FASTBLANK is already the world’s most popular blank development tool in the industry. With the availability of this functionality tightly integrated inside the Pro/ENGINEER environment, we expect it to be a strategic part of penetration by Pro/ENGINEER into the tool & die industry.” FASTBLANK for Pro/ENGINEER dramatically improves formability and product quality, and significantly reduces material costs and the number of stamping trials required in the tooling prove-out stage. In addition to blank development, FASTBLANK for Pro/ENGINEER also provides a color contour plot indicating the thickening and thinning that result from the forming process. It accounts for material stretch and deformation as well as bending, and can flatten any Pro/ENGINEER geometry. The tool can be used to assess the feasibility of a part for manufacturing. “We are pleased that PTC views this as a tool that is important to its customers, and we are delighted to have been included in the PartnerAdvantage™ Program,” stated Marinac. Andy Barlow, PTC’s Senior Director of Business Development, stated, “With the addition of FTI to the PTC PartnerAdvantage Program, die designers, tooling engineers, and estimators will have a powerful solution and will benefit from a single-window interface that lets them quickly generate accurate blank shapes directly within the Pro/ENGINEER environment." He continued, “The partner program is comprised of software providers selected for their expertise. FTI demonstrated its expertise in blank development and formability analysis. The company is a great addition to the program.” FASTBLANK for Pro/ENGINEER has been driven by customer feedback and is part of FTI’s commitment to deliver a suite of software to analyze product cost, formability, die design and process feasibility. FASTBLANK for Pro/ENGINEER is available for trial download at www.forming.com. About Forming Technologies Forming Technologies Incorporated is the world’s leading developer of computer aided engineering software for design and simulation of sheet metal components. For over 20 years, FTI has provided OEMs and suppliers in the automotive, aerospace and appliance industries with innovative software and training solutions designed to reduce development time and material costs. FTI has trained over 12,000 engineers in Formability and Die Design and is considered the Best-In-Class around the world for their industry training programs. For information visit the company’s website (www.forming.com) ### PTC, Pro/ENGINEER and PartnerAdvantage are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and other countries.