MTI Systems Confirms Six New Contracts With Major Manufacturers

MTI Systems Press Release

W. SPRINGFIELD, MA (November 21, 2005) - MTI Systems Inc., the leading provider of innovative cost estimating software solutions for manufacturing, confirmed today that it has secured six new contracts. The companies they have secured contracts with include Oshkosh Truck, Delphi, BAE Systems, Siemens AG, Autoliv and Lenovo. All six companies have purchased multi-user licenses of MTI System’s Costimator® OEM software, a powerful cost estimating program that allows manufacturing organizations to identify and understand the cost drivers in parts they design and procure. The new contracts have capped off a year of record sales for MTI Systems.

“OEM’s and Tier 1 suppliers face an increasing need to cut costs to maintain their competitiveness in today’s global marketplace,” comments Mr. David LaJoie, Vice President of Sales & Marketing at MTI Systems, “These organizations choose Costimator OEM because it allows them to quickly and accurately identify cost savings opportunities throughout the product lifecycle, from early product design through production.”

The use of Costimator OEM, the leading manufacturing cost estimating tool for over 23 years, enables companies worldwide to determine what their parts Should Cost, allowing them to implement uniform and predictable costing strategies while realizing cost savings as much as 20–50%. The system also allows design and cost engineers to evaluate how making functional or design changes in parts effect manufacturing costs.

To learn more about MTI Systems and Costimator OEM, contact David LaJoie at MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, 800-644-4318, Fax 413-739-7250, david.lajoie@mtisystems.com or visit the companies 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 since 1982.

Oshkosh Truck Corporation is a leading manufacturer and marketer of specialty trucks and truck bodies for four primary markets: defense, concrete placement, refuse hauling and fire and emergency.

Delphi is a world leader in mobile electronics and transportation components and systems technology.

BAE Systems is an international company engaged in the development, delivery, and support of advanced defense and aerospace systems.

Siemens AG is one of the world’s largest electrical engineering and electronics companies.

Autoliv is a worldwide leader in automotive safety, a pioneer in both seat belts and airbags, and a technology leader with the widest product offering for automotive safety.

Lenovo is the world's third-largest personal computing company which develops, manufactures and markets reliable, high-quality, secure, and easy-to-use technology products and services.