February 6, 2004
Message from CFDRC President and CEO
Subject: New Opportunity with Added Value for our Customers
The purpose of this letter is to inform you about the exciting new business development at CFDRC that will provide better value to you and your organization. The Software Products Division of CFDRC has been acquired by the ESI-Group, and the two companies have signed a long-term, collaborative development agreement to better serve our customers. ESI-Group is a world leader in digital simulation software with global infrastructure for marketing, sales, and support. This letter explains what this really means and how our service to you will be improved. We want to assure you of our continued commitment.
As part of the Software Division spin-off, the associated personnel have been transferred to the new business unit, which is dedicated to improve, support and market CFDRC software products (CFD-ACE+, CFD-FASTRAN, CFD-VisCART, CFD-CADalyzer, and CFD-TOPO). This business unit will continue to be headed by Karlheinz Peters, who has headed CFDRC's Software Operations since July 2001. All personnel, including sales and support, will continue to work from their current locations in Huntsville, AL, Santa Clara, CA, and Stuttgart, Germany. Our goal is to ensure that there is no interruption in the quality of service you have come to expect from CFDRC.
In association with the collaborative agreement, CFDRC has a perpetual license to use and modify the software products for various R&D and Service contracts. By focusing on what CFDRC does best, i.e., advanced developments and applications, we plan to grow and produce innovative solutions at an even faster pace. This includes new numerical and physical models, software customizations, as well as innovative designs and prototypes.
CFDRC will remain an independent Small Business and continue to participate in various SBIR, BAA, ATP, PRDA, NRA, and other technology-development programs. We will also work on advanced applications projects, including proprietary and exclusive projects for various government and private organizations. All existing customer agreementswill continue as they are, and will be fully honored. All sensitive data (e.g., Proprietary, No-foreign, or Classified) provided to CFDRC in the past, or in the future, will be fully protected by following our well-established Data Protection Procedures.
The CFDRC-ESI Group collaboration will be able to offer better value, i.e., leveraged solutions, to our customers in several ways, including:
We are excited about the opportunity that this partnership provides, and would like to encourage you to contact us for additional information and clarifications. Thank you again for your continued support.
Ashok K. Singhal, Ph.D.
President & CEO
Ph: (256) 726-4841 Fax: (256) 726-4807
Attachment (Spin-Off Announcement)