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Alibre Previews New Version of Alibre Design At daratechSUMMIT2002 in New York

NEW YORK CITY, February 25, 2002 - Today through Wednesday in New York City, Alibre will preview Alibre Design 4.0, the next version of its Web-based mechanical design and data-sharing application, at daratechSUMMIT2002. By combining a unique peer-to-peer architecture and an unprecedented price point, Alibre Design enables anyone to share, track, discuss and create product designs online with remote colleagues, regardless of the CAD system they use. The company expects to release the new version in early April.

"We believe the industry at large will be shocked at how much value Alibre Design 4.0 puts in the hands of anyone involved in design and manufacturing," said J. Paul Grayson, CEO of Alibre Inc. "With this release, Alibre Design has matured to the point that it will fundamentally alter the industry's perceptions of design collaboration software and how much it costs."

Mr. Grayson will make two presentations at the conference this week.

Alibre Design 4.0 Highlights

  • 2000% improvement in graphics performance enabling collaboration on larger assemblies
  • Integrated support for storing, opening, saving and tracking any file type in users' repositories, including Office documents and other CAD files
  • Integrated model checking and healing ensure accurate interoperability with data from any CAD system through STEP and other popular formats
  • An Invite wizard assists in connecting and collaborating with colleagues
  • A multi-window interface simplifies access to features like the Repository and Team Manager
Alibre Inc. offers Alibre Design, the only low-cost, easy-to-deploy mechanical design and data-sharing application, built for the Internet with a peer-to-peer architecture. Support for open data standards through STEP maximizes users' existing investments in CAD and PDM, while making advanced design collaboration capabilities accessible to everyone. The results for manufacturers are slashed costs, boosted productivity, improved quality and shorter manufacturing cycles. Founded in 1997, Alibre is privately funded and based in Richardson, Texas. For more information, visit www.alibre.com or call (972) 671-8492.

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Alibre, Alibre Design, Team Modeling and Real-time Team Modeling are trademarks of Alibre Inc. All other product and company names herein may be trademarks of their registered owners.

Editorial Contact:

Jessica Formosa
Alibre Inc.
(972) 671-8492
pr@alibre.com