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OptiTex LTD and TUKATECH Inc. ends OEM status

From: ASAP

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OptiTex LTD and TUKATECH Inc. ends six years of TUKATECH OEM status.

August 2nd, 2004 – New York - OptiTex LTD the parent company of OptiTex USA Inc. today announced the ending of OEM (Other Equipment Manufacturer) and distributor status for Los Angeles-based TUKATECH Inc.

Following years of business carried out between the two companies in the form of OptiTex being the CAD software provider for TUKATECH Inc products distributed under the TUKACAD brand, both companies have recently agreed to end the OEM status for TUKATECH. Yoram Burg, President of OptiTex USA Inc. stated, “It is a mutual decision for both of us, TUKATECH will continue to provide their other products and services; it just won’t be built on OptiTex technology.” Commenting on the reasons that led to the decision Mr. Burg added, “Unfortunately we were not able to agree on the financial terms of our future relationship. We agreed that it would benefit both parties to pursue their corporate strategies independently.”

Under the understanding reached TUKATECH will not be receiving or distributing the latest OptiTex developments including version 9 officially released in January of 2004. From that point onwards, all TUKA customers who are looking to upgrade their current version 8.93 software will have to do it through OptiTex USA Inc. OptiTex version 9 is a major upgrade to the OptiTex family of products that among other enhancements offers full networking capabilities, 3D visualization capabilities fully integrated into the pattern design environment with new and highly sophisticated auto nesting solutions that yields improved results far exceeding other available nesting solutions, a unique visual made-to-measure software for mass customization, and over 200 new features and enhancements incorporated in the software since version 8.93. (To learn on how to identify your version please refer to OptiTex website)

Other OptiTex news...

With its NA headquarters in NYC, OptiTex will soon open an office in Los Angeles CA to support and work closely with its west coast clients, both offices will then offer training sessions as well as technical support available through our new web portal CRM system that ensures our customers receive the highest level of customer care and fast turnaround time on email support questions. OptiTex continues to lead the industry in quick turn around on feature request and fixes via download of service packs.

Development is now underway for Optitex version 10 which is a major release, enhancing the look and structure of OptiTex software. Among other new features this release will offer OptiTex users the ability to exchange information seamlessly across platforms such as PDM/ERP/PLM systems, as well as between OptiTex old and newer version. OptiTex is now close to a major technological breakthrough in the field of 3D that will take the company to whole new level of remarkable new capabilities.

Through our alliances OptiTex is no longer the classic PDS, Grade, and Marker Making system solutions provider but now offers an umbrella of solutions ranging from textile design, product development, and merchandising capable of 3D to 2D design. PDM solutions will be available through OptiTex as well. Our business approach allows our customers to use components available under this umbrella of solutions rather than being tied down to proprietary solutions available only from one vendor. In other words “we provide freedom – the freedom to choose”.

About OptiTex

Founded in 1987, OptiTex specializes in the development of innovative easy-to-operate CAD/CAM solutions for sewn products and other related industries. Our native Microsoft Windows based software packages for digitizing, pattern engineering, grading, marking, advanced automatic nesting, made to measure and draping, are specifically designed to meet the needs of today's manufacturers of industrial fabrics, apparel, upholstery, transportation, composites, home furnishings, and other sewn products. OptiTex' open architecture system comes amply equipped with a multitude of import/export formats, enabling OptiTex users to interface with a wide range of software and hardware. OptiTex also offers the convenient option of purchasing a completely integrated CAD package, including OptiTex software solutions, digitizer, and pen or ink jet plotter.

Available in more then 20 languages, OptiTex products are sold and supported around the world through certified distributors and OEMs.

You can learn more about Optitex at http://www.optitex.com

August 2004

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