IronCAD and CAXA Form Strategic Alliance with 39 Provinces and Cities in China
IronCAD Technology Gains Strong Presence in China's CAD Market

ATLANTA, GA., August 1, 2002—-IronCAD, LLC, the innovative and collaboration design solutions company, signed a strategic business alliance with CAXA during the 2002 China International Manufacturing Information Exposition held in Dongguan China, July 25–28th.  The purpose of the alliance is to develop, market and sell enterprise manufacturing software solutions under the common brand name – CAXA.  Through this alliance, CAXA combines the strengths of IronCAD's Innovative technology with its well-established sales and services channels to provide custom tailored solutions that meet the requirements of China's manufacturing processes. 

Dr. Lei, President and CEO of CAXA said, "Our goal is to become the largest enterprise software and services provider to the fast growing Chinese manufacturing industry.  This strategic alliance enables CAXA to quickly respond to the demands of the Chinese market and bring enterprise software solutions to the market faster.  CAXA is taking a lead role to build the first Chinese brand name and is well positioned to be the leader in the manufacturing software industry."

Both government officials and local provinces view this strategic alliance favorably.  As a result, CAXA signed strategic alliance and cooperation agreements with 39 major provinces and cities in China. Through this strategic alliance CAXA will provide manufacturing software and product life cycle design and management solutions to the local manufacturing enterprises in the 39 provinces and cities. 

Dr. Tao-Yang Han, President of IronCAD LLC said, "IronCAD is excited to offer our innovative design and information technology as a platform to facilitate the development of various engineering applications. This strategic alliance with CAXA is a big step toward our vision. With the combined strength of CAXA and IronCAD, we believe CAXA branded software solutions will soon further improve the productivity of China's growing manufacturing industry."

About IronCAD, LLC

Based in Atlanta, GA, IronCAD, LLC is a leading provider of innovative design solutions that deliver the highest levels of customer satisfaction and productivity.  Its flagship product family, InnovationSuite, is a fully integrated design and information management environment that encourages creativity, productivity and teamwork with award winning 3D design and collaboration solutions managed through a Web-based Engineering Data Management (EDM) system. Components of InnovationSuite are used by customers throughout the world, including, Cisco Systems, Cummins Engine, Electrolux, Ericsson, John Deere, Eastman Kodak, Eaton Corporation, Fleetwood Enterprises, Greenheck, Hewlett-Packard, Honeywell, Intel, Lucent, Raytheon, Robert Bosch, Skyline Exhibits, Visteon, Volvo, and Xerox. For additional information, please contact IronCAD, LLC at 1-800-339-7304 or www.ironcad.com.

About CAXA

CAXA is the largest Chinese domestic provider for innovative design and collaborative data management solutions. For the past four consecutive years, CAXA has received the "Best-10 Awards" based on market surveys in the domestic software category. CAXA products have more than 80,000 legal installations in China.  CAXA has well established sales channels including 7 regional offices and 35 sales, training and service branches in the nation.  More than 600 domestic colleges and universities have selected CAXA products as their standard education and training software. For additional information, please visit www.caxa.com.