As the airfoil section of fan blade design is diversified and complex, traditionally it took a long period of time to complete the 3D modeling for fan blades. However, with the powerful surface design features and associativity of Pro/ENGINEER, the system can automatically generate each section according to relevant parameters, and update calculation modules and 3D modeling accordingly. In addition, by allowing different types of data import, Pro/ENGINEER also supports seamless integration with TWPB’s analysis software. With the software and service support from PTC and its channel partner Beijing Link-on Technology Co., Ltd., TWPB has as a result improved its product data accuracy and design efficiency.
“PTC’s 3D, parametric CAD software, Pro/ENGINEER has greatly reduced our workload and shortened new product development time and cost. We are very satisfied with the pre-sale and after sale services and training provided by Beijing Link-on Technology,” said Nie Yongjun, Vice General Manager of Baoding Tianwei Wind Power Blade Co., Ltd. “We look forward to working with PTC and Beijing Link-on Technology to deploy additional PTC solid modeling technologies and relevant solutions.”
The global energy shortage has brought unprecedented opportunities for the development of new types of energy, and as a result, China's wind power industry is expected to see tremendous growth in the next few years. In 2007, the number of new wind power units globally increased 32.1%, amounting to the capacity of 20.073 million kilowatts. In China, the number climbed by 121% to 2.96 million kilowatts and the total capacity reached 5.56 million kilowatts, an increase of 114%, the highest growth rate in the world. The number of Chinese wind power equipment manufacturers has increased from half a dozen to more than 50 in the past five years. In addition, the Chinese government has attached great importance to the issue with a number of energy-saving, emission reduction and new energy policies.
“We are very pleased that TWPB has selected PTC's product, Pro/ENGINEER, as its powerful design features will help TWPB design team to improve product 3D modeling efficiencies, ensure product quality and reduce production time,” said Sin Min Yap, director, product and market strategy, PTC. “PTC is committed to help enterprises such as TWPB use Pro/ENGINEER to achieve their product development objectives and maximize their ROI.”
About Baoding Tianwei Wind Power Blade Co., Ltd.
Baoding Tianwei Wind Power Blade Co., Ltd is wholly-owned subsidiary of Baoding Tianwei Baobian Electric Co., Ltd. under Baoting Tianwei Group, with RMB200 million of registered capital. Started with an initial investment of RMB437 million, TWBP currently has a total investment of RMB1.2 billion. The company has introduced state-of-the-art technologies and whole set of automation equipment from Denmark. TWPB is engaged in R&D, design, manufacturing and after-sale services for blades of in-grid wind power units.. For more information on TWPB, please visit http://www.twbb.com
About PTC
PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. For more information on PTC, please visit http://www.ptc.com.
Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include: PTC's successful development and integration of the technologies necessary to offer integrated PLM solutions that address evolving product lifecycle management functions and that are deployable across extended corporate boundaries as well as supply and customer chains, the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver multiple product families and related services that meet customer requirements, the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business; the possibility that current economic conditions could cause our customers to reduce or forego investment in our solutions and/or could negatively impact our ability to collect receivables due from our customers, either of which would negatively impact our cash from operations and thereby reduce amounts available to invest in our business initiatives; and our ability to effectively utilize our resources to undertake one or more strategic corporate development initiatives while maintaining recurring operations at satisfactory levels, together with such other risks and uncertainties as are detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q. The announcement of any particular standardization of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. References to customer plans for future purchases are based References to customer successes and plans for future purchases of PTC solutions are based upon such customer’s testimonial and is subject to change at the customer’s discretion.
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