CIMdata PLM Industry Summary Online Archive

21 February 2007

Company News

think3 Reports Growth of South Korean Business

think3 Inc.T announced that the company has reinforced its presence in the South Korean market with the addition of its new Master Reseller, Thirdeye Inc . The partnership consolidates its traditionally strong presence in the mold making area and will help think3 to enter the growing and important industrial design and PLM market spaces.

Thirdeye has a proven track record and is an Alias master distributor in Korea and other parts of Asia.

"We are really excited about this partnership with think3," said Randall Chung, CEO of Thirdeye. "In the consolidated Asian economies like South Korea that are facing competition from emerging markets we see a growing focus on design on the one hand and on streamlining business processes using technologies like PLM on the other."

"This is why it is no longer sufficient to have a sophisticated stand-alone design technology, but a strong focus on solutions that support the whole product development process," said Chung. "think3's mix of revolutionary industrial design software, easy to use CAD solutions and scalable yet affordable PLM systems is the perfect answer for companies looking to achieve the next level of competitiveness."

"Thirdeye is a real leader in this market with a strong organization and professional approach to business," said Tom Davis, International Sales Director think3 . "These qualities along with think3's technology will allow Korean customers to continue gaining a competitive advantage both in the domestic and international markets. We look forward to building on the success the first few months of collaboration have already seen."

think3's VAR Network

think3 has established strategic relationships with value-added resellers (VARs) to complement its direct force, broaden its geographic coverage, particularly in fast growing markets, and provide customers with value-added services in specific sectors. think3's growing VAR network is worldwide with current partners in China, South Korea, SE Asia, Russia, Japan, Brazil, India, New Zealand, Australia, Mexico, Austria, the Netherlands, Portugal, Spain, Scandinavia and the Baltic States, Slovenia, Switzerland, Turkey and in cities throughout all of Germany.

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