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Vistagy Sees Growth of over 300% in Asia Pacific

10 February 2006

Vistagy says that sales of its FiberSIM software to aerospace companies across the Asia Pacific region have increased 318 percent in a single year.

Some of the major purchasers of the software during that period include Korea Aerospace Industries, Shenyang Aircraft Corporation, China Helicopter Research and Development Institute and GKN Aerospace Engineering Services in Australia, along with several major Japanese aerospace industry manufacturers. These companies will use FiberSIM to design and manufacture composite parts for helicopters and commercial airliners.

“The aerospace industry in Asia Pacific is expanding rapidly and we are forming many new partnerships with aircraft manufacturers throughout the region and worldwide,” says Mamoru Iguchi, the newly appointed general manager of Asia Pacific appointed by Vistagy in response to the growth. “FiberSIM has established a strong foundation in Asia Pacific over the past few years, with many additional exciting opportunities to come.”

“FiberSIM software is already in widespread use at aerospace companies throughout North America and Europe,” says Steve Luby, president and CEO of VISTAGY. “As Asian manufacturers continue to embrace advanced composite design and manufacturing methods, they are experiencing the benefits of FiberSIM’s powerful capabilities as well.”

The general manager of Asia Pacific will be responsible for sales of FiberSIM to Korea, Japan, China, Australia, and other countries in the Asia Pacific region. His focus will include the aerospace industry, expanding sales among Asian automotive OEMs and suppliers, as well as penetrating new markets.





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