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Concepts NREC Taps iTSix of Brazil



Concepts NREC, a world leader in turbomachinery design, engineering and manufacturing, today announced it has entered into an agreement with iTSix (Innovation Technology and Solutions) of So Paulo in which iTSix will act as the exclusive representative of Concepts NREC's software sales, support, training, engineering services and process manufacturing solutions in the rapidly expanding Brazilian market. iTSix is now a Concepts NREC Support Distributor (CSD). Original equipment manufacturers and engineering organizations in the region will benefit from iTSix's engineering expertise and local market knowledge.



This agreement increases Concepts NREC's enterprise solutions reach in South America. According to Terry L. McCoy, director Latin American business environment program at the University of Florida, in a report titled, "2007 Latin American Business Environment Report," the Latin American economies performed well in 2007, and the outlook is promising into 2008. Sustained expansion has helped the region regain the losses in per capita income suffered from 1998 to 2003. Brazil has experienced 20 uninterrupted quarters of growth. The BOVESPA stock index is at or near historic highs, and there has been a steady stream of IPOs (in Brazil) over the last two years.



Based in So Paulo, Brazil, iTSix was created to act on developing technology, offering engineering research and development services with technological and innovative features. iTSix provides consulting, training and development of engineering and software projects in energy, aerodynamics, propulsion, fluid mechanics, scientific software and related areas. iTSix has significant expertise and experience in turbomachinery, especially in gas turbines, that is not widely available in its marketplace. iTSix also provides expertise on software development, optimization and modernization, including distributed and parallel computing. Concepts NREC representatives will work with iTSix to implement its software sales, support and distribution processes.



"iTSix's depth of knowledge and experience in turbomachinery engineering along with its expertise in the process manufacturing industries in Brazil and throughout South America make the company an ideal partner for our expansion in this potentially lucrative market," said Scott Hanratty, senior sales manager for Concepts NREC. "We believe that process manufacturers in South America will benefit from implementing our AGILE design and manufacturing software systems and solutions. We are very excited to partner with iTSix and expand our footprint in this growing enterprise software market."



Jesuino Takachi Tomita at iTSix, commented, "We are excited to partner with Concepts NREC. It is a great opportunity for iTSix to expand its business model with sophisticated and industry-respected products and services. We have specific knowledge on compressor and turbine design and performance analysis and gas turbine performance. With Concepts NREC's turbomachinery industry-focused software and proven process manufacturing solutions, we can help our clients in Brazil and throughout South America realize more value and lower total cost of ownership."



Concepts NREC's core products include COMPAL, PUMPAL, FANPAL, RITAL, AXIAL, AxCent, PushbuttonCFD, STRESSPREP and AXISTRESS for CAE turbomachinery design and MAX-PAC (MAX-5, MAX-AB and MAX-SI) for advanced manufacturing of turbomachinery impellers and related components.



About iTSix


iTSix's main asset is the scientific and technological expertise of its professionals. The company was conceived by researchers of the Gas Turbine Group of the Aeronautical Institute of Technology - ITA. The associates' backgrounds comprise the fields of mechanical, aeronautical and electric engineering, applied and computational mathematics. Though iTSix is a young enterprise, members of its highly skilled team have been together for many years, working on aerospace engineering projects. iTSix is a multidisciplinary company directed towards advancing and applying technologies. iTSix is located at Rua Alfredo Igncio Nogueira Penido, 255, Sala 1104 - Jardim Aquarius


So Jos dos Campos - SP, CEP 12.246-000 - Brazil. Telephone: +55 (12) 3942-4659. For more information, go to: www.itsixtecnologia.com.



About Concepts NREC


Concepts NREC is a leading worldwide turbomachinery design, engineering and development organization, with a staff of over 100 professionals at its facilities in Wilder, VT, and Woburn, MA. For over a half century, Concepts NREC has provided manufacturers, users, government agencies and the engineering community with technology tools, services and products that have met their needs, helped achieve their goals and aided to develop and produce some of the world's most advanced products. Concepts NREC is headquartered at 217 Billings Farm Road, White River Junction, VT 05001-9486. Telephone: 802-296-2321. Facsimile: 802-296-2325. For more information, go to: www.conceptsnrec.com.






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