Foundation of SAMTECH HK Limited-SAMTECH opens new subsidiary in Hong Kong

Liege, Belgium, March 29th, 2011 – SAMTECH, the European specialist in Computer Aided Engineering software, today announces the expansion of its presence in Asia by opening SAMTECH Hong Kong in China.


To further strengthen the position and the long-term development in the world's second-largest economy country, SAMTECH decided to found another subsidiary in Hong Kong, China. SAMTECH HK Limited is to take charge of all business affairs on sales support, platform development service, and engineering consult in greater China (including Hong Kong, Macau, and Taiwan).

Meanwhile, SAMTECH Beijing Representative Office which was created in 2007 is still maintained, to be a local outsourcing and cost center which will undertake the outsourcing from SAMTECH Headquarter and other subsidiaries, such as software development and test. Mr. YE Jiyuan is appointed as General Manager of SAMTECH HK Limited and SAMTECH Beijing Representative Office.

By creating SAMTECH Hong Kong, we show our commitment to support and enhance our activities in the Chinese market but also in the South East Asia Region.” said Eric Carnoy, SAMTECH Chief Executive Officer. “These markets are eager to get best of class technology and our proven success record in Europe is the strongest incentive to convince these markets along with outstanding local support and expertise.”

“The foundation of SAMTECH HK Limited is a symbol of a new stage of SAMTECH in China.” continues Eric Carnoy. “Not only does SAMTECH take root in China to provide high-quality services, but also China is considered as a global cost center to improve the operation efficiency of SAMTECH. This strategy and its huge investment behind represent a long-term promise of SAMTECH to the Chinese market”.


About SAMTECH

SAMTECH is a European leading provider of Computer Aided Engineering software. Founded in 1986, SAMTECH develops and markets the general-purpose Finite Element Analysis code SAMCEF, the Multi-Disciplinary Optimization platform BOSS quattro and the Open CAE Integration Framework CAESAM. These core engineering software tools answer to a wide range of industrial needs from the preliminary phases of design to the most advanced verification analyses. The software technology of SAMTECH has an unsurpassed reputation for its quality and reliability. It has been adopted by many major companies across all engineering disciplines as an integral part of their design process.

SAMTECH Group currently employs about 240 people, with 12 direct offices in Belgium, France, Germany, Italy, Spain, United Kingdom, China and Japan for technical support, sales and services, plus a network of technically advanced distributors in other markets. SAMTECH is a Dassault Systemes partner for the development of its products embedded in or connected to CATIAV5. SAMTECH is certified to ISO9001:2000 quality standards.

Visit http://www.samtech.com for details on SAMTECH Products/Services.

For further information about SAMTECH please contact us:

Eric Carnoy, Chief Executive Officer
SAMTECH Headquarters
LIEGE Science Park
Rue des Chasseurs-Ardennais 8
4031 Angleur - BELGIUM
Tel: + 32-4-361.69.69
Fax: + 32-4-361.69.80
Email: Email Contact
http://www.samtech.com

Jiyuan YE, General Manager
SAMTECH HK Limited
Room B1811, SHIMAO Mansion,
Jia 92ndJianguo Road, Chaoyang District,
Beijing 100022, China
Tel: +86-10-59798920
Fax: +86-10-59798920-222
Email:jiyuan.ye@samtech.cc
http://www.samtech.cc

 




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