MTI Systems Partners with European Distributor

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MTI Systems Press Release

West Springfield, MA – April 1, 2009 – MTI Systems, the leading provider of innovative cost estimating software solutions for manufacturing, today announced that it is partnering with Premier Manufacturing Solutions Ltd (PMS) out of Stockport, UK to market its flagship products, Costimator OEM and Costimator JS, to manufacturing companies throughout Europe.

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.

"We are excited to have formal representation of Costimator in Europe. PMS has over 15 years of experience working with manufacturers throughout that region and our product offerings are a natural fit for them." said Mr. David LaJoie, VP of Sales for MTI Systems.

"We are looking forward to extending our product portfolio to incorporate Costimator. We see this as a natural extension to our current product offerings. The Costimator system provides unique estimating facilities for both Job Shops and OEMs with a return on investment realizable over a very short time period. MTI Systems' track record in this specialized field is second to none." said Mr. Mike Caswell, Director of PMS.

About MTI Systems

MTI Systems, Inc. is a world-leader in the development of innovative cost-estimating software and cost engineering services, providing competitive-edge solutions for manufacturing since 1982. For more details on the company's products and services, contact MTI Systems, 1111 Elm Street, Suite 6, West Springfield, MA 01089, Ph. 413-693-0617, Fax 413-739-7250, email: [email protected], or visit www.mtisystems.com.

About Premier Manufacturing Solutions Ltd

Founded in 1992, the company has specialized in the delivery of third party ERP systems in the UK to small to medium size manufacturing businesses. For more information on the company contact PMS at 91 Woodford Road, Bramhall, Stockport, United Kingdom SK7 1JR,
Ph. 0161 439 1452, e-mail: [email protected] or visit https://prem-man.com

Press release issued MTI Systems, Inc. on April 1, 2009

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Testimonial

"Costimator is utilized by many of our customers. This offers a big time-saving advantage (for us) because it allows for data sharing that's compatible with what they are doing – providing quicker negotiations and cost information support."

- Rick Clark, Inside Sales & Estimator, Detroit Tool Metal Products

Estimating Software