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LMS Wins Nomination for Prestigious European IST Prize

 
Press Release Date10 Oct 2002

LMS is pleased to announce that it has been nominated for the European IST Prize 2002. LMS distinguished itself from almost 450 competitors with its highly praised LMS Virtual.Lab suite of solutions for functional performance engineering. LMS Virtual.Lab is the world’s first integrated software environment for engineering critical performance attributes such as vibration comfort, acoustic performance, ride and handling, safety, and durability. With LMS Virtual.Lab, engineers get the insight needed to analyze and optimize the functional behavior of cars, airplanes or satellites long before committing to expensive physical prototype testing. 

The IST competition is organized yearly by the European Council of Applied Sciences and Engineering (Euro-CASE), and is widely considered to be the most distinguished award for innovative European IT Products. The prize provides public recognition and a highly visible profile to entrepreneurial teams that excel in generating and converting both R&D and novel ideas into marketable products.  The high standard of competitive applications and rigorous screening procedure for selecting prize winners make this prize the most sought after in Europe for new IT products. This year, 437 candidates from 27 countries competed. For more information on the IST Grand Prize, visit www.ist-prize.org.

LMS Chief Technology Officer Jan Leuridan says, “It’s with great pleasure that we announce this nomination, based on LMS Virtual.Lab. Being nominated is a great achievement, and demonstrates the world class recognition we are receiving for the innovation that LMS Virtual.Lab brings to functional performance engineering.” Commercial recognition has been displayed by major sales of the new solution to DaimlerChrysler, General Motors, Ford, Honda, Renault, Airbus, Gulfstream, Donaldson, Liebherr - among other clients who have already adopted LMS Virtual.Lab.

About LMS Virtual.lab 

LMS Virtual.Lab is the world’s first integrated software environment for the functional performance engineering of critical design attributes, such as noise and vibration, ride & handling, comfort, safety & durability. Fully associative, it automatically links to leading CAD and CAE tools, captures the process flow to better manage the analysis sequence, and enables engineers to refine their designs in virtual space not just at the component level - but also at the sub-assembly and full system level where most performance problems occur.  By eliminating unnecessary file transfers, model and data redundancies, and automating the analysis process, LMS Virtual.Lab dramatically increases the time available for value-added engineering. LMS Virtual.Lab is based, for the user interface and CAE data modeling, on the acclaimed Dassault Systèmes V5 application architecture.

About LMS International

LMS is an engineering innovation partner for companies in the automotive, aerospace and other advanced manufacturing industries. LMS enables its customers to get better products faster to market, and to turn superior process efficiency to their strategic competitive advantage. LMS delivers a unique combination of virtual simulation software, testing systems, and engineering services. We are focused on the mission critical performance attributes in key manufacturing industries, including structural integrity, handling, safety, reliability, comfort and sound quality. Through our technology, people and over 25 years of experience, LMS has become the partner of choice for most of the leading discrete manufacturing companies worldwide. LMS, a Dassault Systèmes Gold Partner, is certified to ISO9001:2000 quality standards and operates through a network of subsidiaries and representatives in key locations around the world.
 
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