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Tuesday, April 24, 2001
For Immediate Release
For more information contact:
Stéphane P. Des Lauriers
Corporate Communications
Precience, Inc.
Tel: +1 (301) 421-9054
E-mail: stephaned@precience.com
CADSOFT SOLUTIONS BECOMES PRECIENCE
Burtonsville, Md., April 24, 2001 – CADSoft Solutions, Inc., today announced that the company has officially changed its name to Precience, Inc.
The name Precience™ is a play on the noun “prescience”, a synonym of foresight. The new company name, logo and motto were chosen to express the forethought, prudence, and insight provided by the company’s product line.
In a fast paced industry where re-design is not an option, engineers and PCB designers must get designs right the first time. The ability to foresee procurement difficulties, component obsolescence, the possibility of using alternative components, manufacturing constraints as well as electrical signal integrity constraints adds unprecedented value. Precience’s aim is to offer its customers solutions to such future complications before they arise and empower them to engineer their supply chain ahead of time.
About Precience
Precience is a leading worldwide developer of EDA Design Supply
Chains™ integration technology products including
PCBNavigator® 3.0 and Obsolescence Manager™. PCBNavigator is a unique tool providing complete bi-directional integration between OrCAD schematic and PADS PCB systems at the database level; additional interfaces are also available. Obsolescence Manager helps OEMs mitigate electronic component availability risks throughout the product lifecycle.
Precience is a privately held company established in 1995 with corporate headquarters at 4040 Blackburn Lane, Suite 180, Burtonsville, Maryland, 20866. To learn more about Precience and its products, please visit the Precience Web site at
http://www.precience.com. For further information contact Precience at (301) 421-9054, or via e-mail at
info@precience.com.
Precience, ahead of time, the Precience logo, PartNavigator, Design Supply Chain, Obsolescence Manager, and PCBNavigator are trademarks or registered marks of Precience, Inc. All other trademarks or registered marks are
the property of their respective holders
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