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May 7, 2004 Imaginestics to integrate Purdue University's 3-D shape search technologyWest Lafayette, Ind. - Imaginestics, an emerging leader in knowledgebased software systems for the engineering and manufacturing industry, announced today that it has entered into an agreement with Purdue Research Foundation to license the 3-D Shape Search technology, which was developed in Purdue University's PRECISE lab. "The implications of this technology in Product Lifecycle Applications (PLA) are far reaching," says Nainesh Rathod, CEO of Imaginestics, LLC, a company located in the Purdue Research Park. "Over the next decade, manufacturers will create and store more 3-D product definition than ever before. Text-based attributes and other means of structuring and storing the 3-D product data for quick and easy access are grossly inadequate and require multiple filtering levels to describe an accurate 3-D shape. This technology uses the lowest common denominator, the shape itself, as the search criteria, so minimum filtering is required." Professor Karthik Ramani, Director of PRECISE at Purdue University, stated, "Imaginestics is well positioned to commercialize our technology, having core capabilities and knowledge-based information systems development experience in design and manufacturing directly relevant to this new area." "This technology will greatly enhance our ability to reliably locate parts, tooling, and related data for reuse, cost estimating, engineering analysis, and comparison with similar shapes, quickly finding maintenance records and many other applications." Edwin Kincaid, Chief, U.S Air Force Avionics/Electronics Technology Section, said. "The potential for this research will provide us the means to reduce our depot flow days and return them to service." Imaginestics plans to integrate the 3-D shape search technology in its existing knowledgebased software product suites to enable the rules & re-use engine to transparently and seamlessly leverage manufacturer's 3-D legacy data for build-to-order applications, knowledge-based maintenance and cost advice, and to locate similar parts. About Imaginestics Imaginestics is a privately held software and services company founded in December 2002. It is fast becoming the leader in knowledge-based software systems for the manufacturing and life sciences industries. Imaginestics' mission is to unleash the power of existing engineering and manufacturing systems through an integrated product suite that taps companies' past and present knowledge and optimizes their future development. Imaginestics' product suite includes i-compare, i-migrate, i-config, and i-advisor. Related Web sites: All other company names, brand names, and product names used in this document are trademarks, registered trademarks, or trade names of their respective holders. Imaginestics, LLCPurdue Research Park 1220 Potter Drive, Suite 124 West Lafayette, IN 47906 Phone: 765-464-1700 Fax: 765-464-1728 Web: www.imaginestics.com For Details, Contact: Karthik Ramani, Purdue University; Phone: (765) 494-5725 or e-mail; ramani@purdue.edu |
