Press Release November 2008 Contact: Joachim Christ 06151 / 9287 360 FAX 06151 / 9287 326 joachim.christ@prostep.com PROSTEP AG Celebrates 15th Anniversary Darmstadt, November 2008 – Darmstadt-headquartered PROSTEP AG, Germany’s leading specialist for product data and process integration, will soon be celebrating its 15th anniversary. Over the years, the company, which provides business management services and engineering solutions, has become a recognized partner to companies in the automotive industry and its component suppliers, the aerospace industry, the shipbuilding and marine engineering industries, the electrical/electronic industry and other branches of manufacturing industry. Today, PROSTEP provides leading companies in these industries with support in the form of services and innovative software solutions, helping them design and optimize their development processes and implement product lifecycle management (PLM) concepts. Over the past few years, PROSTEP has continued to grow and currently employs a staff of over 250 people at the company headquarters in Darmstadt and at branch offices at key customer locations. The company will generate revenues of approximately 28 million euros in the current business year, which means that revenues have doubled within a period of just five years. More than a third of the PROSTEP Group’s total revenues is now generated by the aerospace industry and branches of industry other than the PROSTEP AG Dolivostraße 11 D - 64293 Darmstadt 2 Group’s traditional clientele in the automotive industry and its component suppliers. “Our growth is the result of turning our focus to providing services and solutions, expanding the range of solutions we offer and turning to new industries”, states Dr. Bernd Pätzold, President & CEO of PROSTEP AG. “An important factor in our success is our flat organizational structure, which allows us to respond quickly to our customers’ needs. The great challenge for the future will be preserving the company’s agility and spontaneity and thus its customer orientation despite the company’s rapid growth and its current size.” PROSTEP AG was founded in November 1993 under the name ProSTEP Produktdatentechnologie GmbH and its mission was to provide the member companies of the ProSTEP Association with support regarding implementation of the STEP standard. Once the standardization effort was brought to a successful conclusion, the association and the company freed themselves to a certain extent from their symbiotic relationship and began to operate more independently. The private limited company (GmbH), which changed its corporate form to that of a joint stock company (AG) at the end of 2001, has developed into an internationally recognized PLM integration specialist who provides customers with support relating to the integration of their product data and IT systems and the harmonization of their collaboration processes in the form of services and company-own software solutions. Renowned companies such as Airbus, BMW Group, Bosch, Brose, Conti Delphi, EADS, Opel, Renault, Valeo and ZF currently deploy PROSTEP AG Dolivostraße 11 D - 64293 Darmstadt 3 PROSTEP’s OpenSOLUTION family of products as their enterprise-wide standard. About PROSTEP AG PROSTEP AG is recognized as the leading PLM integration specialist in the area of product data integration. The company offers customers from the aerospace, automotive, shipbuilding and mechanical engineering industries – including EADS/AIRBUS, BMW, Volkswagen, Daimler – integration solutions for CAD, PDM and supplier communication, thus making e-engineering a reality. The PROSTEP Group has a current headcount of more than 250 in Germany, France and the USA. It posted revenues of € 25 million in fiscal 2007. In addition to its headquarters in Darmstadt, PROSTEP also maintains branch offices in Berlin, Bexbach, Hamburg, Hanover, Munich, Stuttgart, Wolfsburg and Wuppertal, as well as Lyon (France) and Troy (Michigan). All press releases are available for downloading from the following website: http://www.prostep.com/mn/press/ PROSTEP AG Dolivostraße 11 D - 64293 Darmstadt