CIMdata PLM Industry Summary Online Archive
16 October 2007
Company News
Dr. Norbert Reimann Joins PACE as CEO
Knowledge based engineering software provider PACE enhanced its management team with the addition of Dr. Norbert Reimann. The appointment of the former regional manager of LMS Germany adds further momentum to the company's movement towards global leadership in the KBE software market. As Chief Executive Officer, Dr. Reimann will steer PACE's continued expansion into vertical markets.
Dr. Reimann brings more than 20 years of sales, marketing and general management experience to PACE. Prior to his new position, Dr. Reimann played a key part in the growth of PLM/CAX companies like SDRC, Tecnomatix, MatrixOne and LMS. "We are privileged to have Dr. Reimann in our executive team and will greatly benefit from his market expertise and strong management skills," explained PACE managing partner Dr. Oliver Kranz.
Dr. Reimann enthusiastically embraces his new role as Chief Executive Officer: "It's very exciting to work with an emerging technology company like PACE. I am delighted to further build on PACE's management vision, innovative technology and dedicated team and extend the company's reach into new vertical markets and geographies", said Dr. Reimann. "We are well prepared to capitalize on the urgent demand for sophisticated engineering software tools. Developing new and enhanced products in ever shorter cycles is a competitive 'must' in the aerospace and automotive industries. Getting it right in the early design phases is critical and makes a strong argument for the brand of KBE technology offered by PACE."
Earlier this year, the company's expansion efforts were backed with a € 3 million infusion of growth capital by high-tech investors eCAPITAL, Strategic European Technologies N.V. and VC Fonds Berlin. PACE's development strategy focuses on its flagship product Pacelab Suite, a software platform supporting the multidisciplinary design of highly engineered products. With an extended global sales and marketing operation, the company is committed to promoting the benefits of KBE to the aerospace and automotive industries and firmly establishing itself as a premier technology partner in these markets.
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