STEP Tools, Inc. Receives Distinguished
"2003 Technology of the Year" Award From INDUSTRYWEEK
Troy, New York - November 17, 2003 -
STEP Tools, Inc.
the forerunner in developing ISO STEP integration software for the
global marketplace, announced today it is a winner in INDUSTRYWEEK's
11th Annual Technology and Innovation Awards Program. INDUSTRYWEEK has
selected STEP Tools to receive their distinguished Technology of the
Year Award in recognition of the company's work in STEP-NC
technology. STEP Tool's achievements will be covered in a feature
story in INDUSTRYWEEK's December 2003 issue and on their website. The
company will also receive an award trophy from INDUSTRYWEEK, the
leading manufacturing management magazine published by Penton Media,
Inc. In 2003, STEP Tools introduced their first-to-the-market software
products to support STEP-NC Implementation Programs and flagship users
of this vital, emerging technology for manufacturing.
Each year INDUSTRYWEEK's Technology and Innovation awards celebrate outstanding achievement in technology.
Winners of IW's Technology and Innovation Awards span the entire range of science and engineering. STEP Tools proudly joins the exclusive ranks of former Technology of the Year winners including IBM Corporation, Eastman Kodak Co., Hewlett Packard, Mazak Corporation, Rockwell Automation, Sandia National Laboratories, Sun Microsystems and Apple Computer Inc. STEP Tools is internationally renown for their work and expertise in ISO STEP product data standards and engineering data infrastructures.
"We are extremely honored by this distinguished award from INDUSTRYWEEK," states Dr. Martin Hardwick, President and CEO of STEP Tools. "This is the highest level of recognition for our achievements in developing data standards and groundbreaking manufacturing technology. STEP-NC is nothing short of a technological revolution in the field of manufacturing automation. STEP Tools is anxious to work with engineers and machinists to harvest the extensive development effort put into STEP and STEP-NC international data standards over the past fifteen years. Adopters of this innovative, new approach to manufacturing are destined to become industry leaders."
About INDUSTRYWEEK
INDUSTRYWEEK, published by Penton Media, Inc. (www.penton.com), is the only magazine dedicated to covering the complexities of managing a manufacturing company in today's new economy. Now in its 33rd year, INDUSTRYWEEK has an audience of 200,000 subscribers. IW delivers authoritative information through a media lineup that includes IW magazine, Web sites, and in-person events. IW's Web site, located at www.industryweek.com, provides their readers with 24-hour access to the same kind of up-to-date, in-depth information they receive from INDUSTRYWEEK magazine.
About STEP and STEP-NC Standards
STEP (STandard for Exchange of Product model data) is a comprehensive ISO standard for CAD design data. STEP-NC, the manufacturing extension of this standard, annotates the design information with manufacturing data. STEP became a
-more-
full ISO standard in 1994, and since then, all of the leading CAD software vendors have implemented STEP data translation. It is estimated that more than one and a half million CAD stations now contain STEP data translators. STEP-NC is on its way to becoming a Draft International Standard in 2004.
About STEP Tools, Inc.
STEP Tools, Inc. is a leading international supplier of professional
STEP software toolsets (based on ISO standards) for application
software developers, design firms and manufacturing companies in
diverse industries. The STEP Tools product line is used by the world's
foremost firms to leverage STEP and STEP-NC technology to facilitate
the sharing of engineering product information. Over one million end
users utilize product data applications built with ST-Developer, the
company's flagship product. The company offers a suite of software
solutions in several languages that integrate with existing tools and
database systems, and also provide cross-platform compatibility and
ease-of-use for streamlined development. The emerging STEP-NC
technology is yielding process improvements including a 35% reduction
in path planning time, a 75% reduction in paper drawings generated for
the shop-floor, and a 50% improvement in machining time for small to
mid-sized job lots. For late-breaking information, contact STEP
Tools, Inc. by calling (518) 687-2848, email: info@steptools.com or visit www.steptools.com.
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