Thomson Signs Distribution Agreement with Universal Technical Systems
Ann Arbor, MI - Rockford, IL - October 13, 2004- Today, Thomson announced that it has signed an agreement with Universal Technical Systems, Inc. (UTS), www.uts.com, to sell it's mathematical problem-solving software products through Techstreet, www.techstreet.com, the online superstore for engineers, corporate librarians and technical professionals worldwide. UTS is a leading developer of high-productivity, problem-solving software products and custom developed solutions.
The initial launch will feature three UTS products under the umbrella title "Technology Tools for Engineers." Now available on the Techstreet website (www.techstreet.com/uts.html), the products include TK Solver
TM - the best-selling mathematical equation solver, Interactive Roark's FormulasTM - the interactive version of the popular reference book on stress analysis, and MathLook for ExcelTM - a patented Excel add-in that displays formulas in standard math notation. Techstreet is launching the new product line with an exclusive introductory offer through October 31, 2004. Customers that purchase Interactive Roark's Formulas with TK Solver will automatically receive a free copy of MathLook for Excel, a $99 value.
"In addition to offering our engineering customers these valuable time-saving tools, this agreement allows us to explore the development of software line extensions with the Standards Developing Organizations (SDOs) that we represent," said Gregg Hammerman, Techstreet founder and current Director of Operations and Technology. "UTS can do for other organizations what they did for Roark's: develop interactive software products that save engineers thousands of hours in research, development, design, and re-work time. We see the potential for a lot of new software products, some in the form of applets, which are actually just line extensions to existing formulas currently only available in print or pdf format."
S. M. Marathe, UTS President, confirms that the potential for new software development is enormous. "There are many formulas used repeatedly by thousands of engineers throughout hundreds of different disciplines. UTS has the proven capability to develop corresponding, interactive software that performs mathematical equations with speed, accuracy, and intelligence." The company is looking forward to a long and mutually beneficial relationship with the Techstreet division of Thomson.
About Universal Technical Systems, Inc.
Universal Technical Systems, Inc. established in 1984, is the leading provider of high-productivity problem-solving software products and custom developed solutions. With headquarters in Rockford, Illinois and subsidiaries in the UK and India, UTS serves customers worldwide. For over twenty years UTS has focused exclusively on providing solutions that help companies in the scientific, engineering, operations research and management, and financial communities simplify complex calculations and streamline the processes that drive their businesses. UTS products and custom solutions are available for desktop and Web use.
About The Thomson Corporation
The Thomson Corporation ( www.thomson.com), with 2003 revenues from continuing operations of $7.44 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of scientific research and healthcare, law, tax, accounting, financial services, higher education, reference information, corporate training and assessment. With operational headquarters in Stamford, Conn., Thomson has approximately 38,000 employees and provides services in approximately 130 countries. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Thomson scientific information solutions can be found at www.thomson.com/scientific and include Techstreet offering a wide variety of engineering codes and standards; ISI Web of KnowledgeSM facilitating discovery by offering seamless navigation to high-quality, multidisciplinary journal (Web of Science® ), patent (Derwent World Patents Index® ), and Web content, evaluation tools, and bibliographic management products (EndNote®); Thomson PharmaSM -an integrated information solution for the pharmaceutical and biotechnology markets; Delphion® providing access to full-text patent documents from the world's leading patent authorities; and BIOSIS Previews® the world's most comprehensive reference database for life science research.
Contact Information:
Techstreet
Gregg Hammerman
Director of Operations and Technology, Techstreet
Thomson Scientific
(734) 913-3932
gregg.hammerman@thomson.com
UTS
S. M. Marathe
President
Universal Technical Systems, Inc.
(815) 963-2220
smm@uts.com
