MTI Systems Press Releases
WEST SPRINGFIELD, MA – January 18, 2011 – MTI Systems Inc., the industry’s leading provider of innovative cost estimating solutions for manufacturing, today announced record 2010 international sales for its flagship software product, Costimator. The company confirmed that it has secured a record number of international contracts in 2010, including orders from companies based out of Poland, India, China, Canada Belgium and Mexico, amongst others. Since first being introduced to the industry in 1982, Costimator has enabled manufacturers to quickly and easily produce cost estimates that are accurate, consistent and representative of the capabilities of their manufacturing facility or that of their suppliers.
“Manufacturing organizations, whether they’re suppliers or buyers of parts, realize now more than ever that in order to be competitive in today’s global marketplace they need to understand what parts should cost to manufacture, whether they are making or buying them.” comments Mr. David LaJoie, Vice President of Sales at MTI Systems, “This is true whether you’re a manufacturer in the U.S. or abroad. Our international sales have more than tripled in the last three years, with 2010 being an all time high.”
Underlying Costimator’s powerful ability to predict costs is the quantity and reliability of the data it contains. “Over 95% of the data residing in the Costimator libraries come from Costimator users, which includes over 1,300 suppliers and OEM’s of machined, fabricated and molded components.” added LaJoie “The accumulation of this data over the past 29 years is continuously validated and shared with our customers through regular software updates.”
About MTI Systems, Inc.
MTI Systems provides cost estimating software and services for the manufacturing industry, serving both OEMs and their suppliers. MTI Systems has implemented its solutions at over 1,300 companies worldwide with over 10,000 trained users since its inception in 1982. For more details on the company’s products and services, contact MTI Systems, 1111 Elm Street, Suite 6, West Springfield, MA 01089, Ph. 800-644-4318, Fax 413-739-9250, email: firstname.lastname@example.org, or visit www.mtisystems.com.
Press release issued by MTI Systems, Inc. on January 18th, 2011