Tolerance Analysis-Based Mechanical Design Optimization Software: Enventive

Lancaster, Mass., March 10, 2010 -- In the face of economic challenges, Enventive Engineering, Inc., more than doubled their revenues in 2009, growing 118% over 2008. 

Over the past 5 years, revenues have nearly doubled each year, growing at an average rate of 93% per year. Enventive remained profitable in 2009, despite absorbing a significant loss due to the dissolution of a European distributor.

Ralph Gifford, President and Founder of Enventive Engineering, stated, "We're grateful to the many customers who have shown confidence in us and contributed to our growth. Our commitment to value remains the cornerstone of our strategy: we must deliver value in order to earn business from our customers. We look forward to delivering even greater value in 2010."

About Enventive Design Optimization Software

Enventive is a mechanical engineering design system that takes mechanical designs through every phase, from initial concept, to preliminary  design, to variational analysis and optimization.

By combining geometric, mathematic, and kinematic modeling with automated variation analysis, optimization capabilities, and GD&T simulation, Enventive enables engineers to simultaneously optimize critical parameter values and their tolerance limits, giving them greater insight into their products.

Enventive helps engineers understand how real world variances affect design before detailed design occurs, resulting in significant savings in time, effort and money.

About Enventive Engineering, Inc.

Enventive Engineering, Inc., is a privately held Delaware corporation, founded in 2002.
 
Enventive Engineering is dedicated to helping mechanical engineers succeed in the areas of design, analysis, and optimization by providing them with technologies that enable reliable identification of potential design problems early in product development.
 
Enventive Engineering develops, maintains and supports software distributed to companies based mainly in the US and Europe, with users as far-ranging as China, India, South Africa, and Brazil. Enventive Engineering customers include several Fortune 500 companies as well as smaller companies representing a variety of fields, including automotive, aerospace/defense, medical, electrical components, office equipment, and appliances.

Lancaster, Mass., August 13, 2009 -- Despite economic difficulties throughout the world, Enventive Engineering, Inc., experienced accelerated revenue growth of over 50% in 2008, and is continuing to grow rapidly in 2009. In fact, 2009 revenues surpassed 2008 total revenues by the end of second quarter.

The growth in revenue is due to an expanding user base for its software product, Enventive. Addressing this growth during a time of economic slowdown, Enventive Engineering’s President and Founder, Ralph Gifford, stated, “Our customers recognize that now, more than ever, they need to increase the effectiveness of their engineering effort. The best way to control costs and limit development time is to design it right the first time. Enventive gives them the tool they need to achieve that goal.”    

The upward growth is expected to continue for the rest of 2009 and beyond. Gifford comments, “The need for Enventive will continue to increase as engineering groups compete in the global economy. Those that fail to improve quality and reduce costs will not survive. Enventive has a proven record of saving time and money while producing unequaled results in design optimization.” 

About Enventive Design Optimization Software

Enventive is a mechanical engineering design system that takes mechanical designs through every phase, from initial concept, to preliminary  design, to variational analysis and optimization.

By combining geometric, mathematic, and kinematic modeling with automated variation analysis, optimization capabilities, and GD&T simulation, Enventive enables engineers to simultaneously optimize critical parameter values and their tolerance limits, giving them greater insight into their products.

Enventive helps engineers understand how real world variances affect design before detailed design occurs, resulting in significant savings in time, effort and money.

About Enventive Engineering, Inc.

Enventive Engineering, Inc., is a privately held Delaware corporation, founded in 2002.
 
Enventive Engineering is dedicated to helping mechanical engineers succeed in the areas of design, analysis, and optimization by providing them with technologies that enable reliable identification of potential design problems early in product development.
 
Enventive Engineering develops, maintains and supports software distributed to companies based mainly in the US and Europe, with users as far-ranging as China, India, South Africa, and Brazil. Enventive Engineering customers include several Fortune 500 companies as well as smaller companies representing a variety of fields, including automotive, aerospace/defense, medical, electrical components, office equipment, and appliances.

• New fillet and chamfer tools
• New and enhanced dimensions, including new Circle Edge and Gridded dimensions (x-y dimensions) and enhanced Repetitive-size dimension editing
  
• New and enhanced constraints, including Hole Pattern constraints, additional force/moment constraints, and MMC callouts
  
• Model scaling
• Importing/exporting Excel workbooks
• Copy/paste between Enventive files
• Disabling equations
• Using extend-select in Math View tables
• Improvements to tolerance analysis reports, including better support for customization, more contributor calculation information, Monte Carlo analysis setup, and general Excel performance/robustness improvements
  
• Improvements to auto-constraining
• MA Conversion enhancements to support more MA object types
  
• Improvements to mouse scroll wheel functionality
• Solver alert improvements
• Rebuild All available from toolbar
• New Gradient background color available
  

Existing customers can refer to the release notes and online help included with the v2.1 shipment for complete details on using the new v2.1 features.