IronCAD Sponsors Velocity Performance Group Drag Racing Teams for 2005 Racing Season

IronCAD Used to Design Europe’s Fastest Top Methanol Funny Cars

ATLANTA, GA. March 15th, 2005 – IronCAD, a leading provider of 3D Design Productivity Solutions today announced their sponsorship of Velocity Performance Group (VPG), the first ever European two car funny car race team, a direct result of the merger between Leanders Bros. Racing and Lundqvist Motorsports in 2004.  The combined race team will be based out of Alfta, Sweden and compete across Europe and in the Middle East.   For the third straight year IronCAD is proud to be the major sponsor and the design system of choice for Leanders Bros. team and looks forward to working with the rest of the VPG family in the 2005 season, which runs from May though September of 2005.

Since 2000 Leander Bros. racing has been a top competitor in the European Drag Racing Championship circuit. In 2003 they smashed the European record in their class with an amazing time of 5.666 seconds to cover the quarter mile track.  For the 2005 season they will use a 526 BAE Hemi engine to power their Top Methanol Funny Car and expect to once again make a major impact on the racing circuit this year. The team’s next race is scheduled for May 27th through 30th at the Santa Pod Circuit in England.

“Following some technical difficulties experienced early in the 2004 season, the Leanders Bros. team went on to win most of the remaining events in the series and finished 2nd overall in the 2004 FIA series title race," states Ulf Leanders, driver/Owner of Leanders Bros. Racing.  “This year, the Velocity Performance Group team will be campaigning 2 Top Methanol Funny Cars and 1 Junior Dragster, becoming the first top end team to run multiple cars in the European FIA championship.  It is hoped that the running of 2 identical cars will provide better quality data enabling more predictable car set ups and improved performance.  With a number of new IronCAD designed technological developments for this season, we feel confident of running a faster and more reliable car this season.”

Shaun Murphy V.P. of Sales and Marketing at IronCAD states, “IronCAD is thrilled to be associated with VPG for the 2005 racing season.  Being involved with a race team dedicated to being the fastest in their respective field motivates the whole IronCAD team to create the fastest and most productive design software to help them achieve that goal.   Being able to quickly flesh out a new 3D concept design within the context of the existing race car assembly without being concerned about design intent is what separates IronCAD from the rest, and the main reason why VPG chose IronCAD as their preferred design solution.”

About Velocity Performance Group (VPG)
Based in Alfta, Sweden, Velocity Performance Group is a leading European Top Methonol Funny Car drag race team dedicated to the promotion of the sport and the enjoyment of the spectators.  VPG is made up from the combined teams of  Leanders Bros. Racing and Lundqvist Motorsports.   The teams have been competing since 2000. In their first year of racing the Leanders team finished 3rd and have finished in the top three since then with a strong 2nd place finish in 2004.  With the new combined  team they are ready to take the championship in 2005. For more information you can contact Leanders Bros at +46-271-102-04 or visit our website at www.vpgroup.see.

About IronCAD
Based in Atlanta, GA, IronCAD is a leading provider of 3D Design Productivity Solutions that deliver the highest levels of customer satisfaction and productivity. Solutions that can be used either standalone or as complimentary collaboration solutions of a broader PLM initiative. Its flagship product IronCAD has won many industry awards for its innovative technology and leads the industry in its ease of use and design productivity. IronCAD products are being used successfully by thousands of customers worldwide. For additional information, please contact IronCAD at 1-800-339-7304 or visit our website at www.ironcad.com