MTI Systems Celebrates 25 Years Of Innovative Cost Estimating For Manufacturing

The software company will give away 25 Costimator® Systems to mark the occasion.

W. SPRINGFIELD, MA USA (January 2, 2007) – 2007 marks the 25th year of operation for MTI Systems Inc., the leading provider of innovative cost estimating software solutions for manufacturing. To commemorate the event, beginning January 2, MTI will award the first 25 requests for a FREE seat of their Costimator® OEM or Costimator® JS software systems. The offer is limited to one software seat per company and only requires the purchase of one year of support.

Founded in 1982 as Manufacturers Technologies, the company pioneered the development of a PC-based cost-estimating program and quickly became known for its “Costimator®” Computer-Aided Cost Estimating System. Costimator's comprehensive database of manufacturing process cost models, material specifications and labor standards help users to increase estimating speed, accuracy and consistency, boosting efficiency and profits.

In 1991 the company changed its name to MTI Systems to reflect a new level of products and services that supported multiple manufacturing areas, from the shop floor to manufacturing management. In 2002, they introduced two special-enhanced versions of Costimator-- Costimator OEM and Costimator JS. Costimator OEM provides Original Equipment Manufacturers with the knowledge they need to identify and understand the cost drivers in parts they design, manufacture, and procure. The software allows them to determine the actual cost of manufacturing a part, proven to help reduce costs by as much as 50%. Costimator JS provides job shops with a fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to bid with confidence and optimize their ability to win profitable contracts.

In 2006, MTI Systems formed a new division called ShouldCost Estimating Services (SES). The division was created to meet the ever-increasing demand for outsourced cost engineering services by OEMs. MTI engineers, utilizing their extensive costing expertise and the company’s Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities throughout the product development lifecycle.

Today MTI Systems has thousands of users worldwide, including many Fortune 500 companies. Their customers produce products in nearly every industry sector, including automotive, aerospace, electronics, heavy equipment, medical and consumer products.

"We are proud of our history of providing innovative cost-estimating solutions for industry," said Mr. Tom Charkiewicz, founder and CEO of MTI Systems. “Looking forward, we will continue to focus our efforts on developing new products and services to meet today’s ever-increasing need for effective cost reduction strategies.”

To learn how to receive one of the 25 free Costimator® Systems, please call 413-733-1972 or visit MTI Systems, Inc. website at www.mtisystems.com.

MTI Systems, Inc. is a world-leader in the development of innovative cost-estimating software and consulting services, providing competitive-edge solutions for manufacturing. For more information contact Mr. David LaJoie at MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, 413-693-0617, Fax 413-739-7250, david.lajoie@mtisystems.com or www.mtisystems.com.