MTI Systems Announces the Release of Costimator Version 11

WEST SPRINGFIELD, MA – October 25, 2010 – MTI Systems, the leading provider of cost estimating solutions for manufacturing, today announced the release of the latest version of Costimator, Version 11.0.

Version 11 was developed to make the user experience easier and more productive while continuing to improve the speed and accuracy of the results." comments Mr. David LaJoie, Vice President of Sales & Marketing at MTI Systems. "In the latest release, Costimator has undergone a major change to the look and feel of the application. The necessity to be configured easily still remains one of the most important benefits Costimator has over any other program, and the latest version further enhances its ease of use."

A few of the new features contained in Version 11 are described below.

Enhanced User Interface
The estimator work screen has an improved look and feel that provides greater ease of use through the addition of multiple tabs, customizable toolbars, and helpful images.

Expanded Drag and Drop Functionality
The speed and consistency of estimating is significantly improved by enabling users to move or copy operations and details within or between multiple estimates.

New and Updated Cost Models
Over 100 new cost models were added in the areas of Tooling, Fixtures, Product Models, Process Models, Machining and Fabrication Features.

Improved Systems Management
When used in a wide area network (WAN) using Terminal Services, IT administration has been simplified allowing selection of user's paths and implementation after initial setup.

New Product/Pricing Matrix
Costimator is now available in three versions (Express, Professional, and Premium) and 2 licensing options (Perpetual, Subscription), allowing companies to tailor their system to their requirements and budget.

Request a copy of the Costimator Product/Pricing Matrix

About MTI Systems

MTI Systems is a leading provider of Computer-Aided Cost Estimating (CACE) solutions for the manufacturing industry, serving both OEMs and their suppliers. MTI Systems is proud to have implemented its solutions at over 1,200 companies 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. 413-693-0617, Fax 413-739-7250, email: [email protected], or visit www.mtisystems.com.

Press release issued MTI Systems, Inc. on October 25th, 2010