Enventive Engineering, Inc.

Lancaster, Mass., March 10, 2010 -- In the face of economic challenges, Enventive Engineering, Inc., more than doubled their revenues in 2009, growing 118% over 2008. 

Over the past 5 years, revenues have nearly doubled each year, growing at an average rate of 93% per year. Enventive remained profitable in 2009, despite absorbing a significant loss due to the dissolution of a European distributor.

Ralph Gifford, President and Founder of Enventive Engineering, stated, "We're grateful to the many customers who have shown confidence in us and contributed to our growth. Our commitment to value remains the cornerstone of our strategy: we must deliver value in order to earn business from our customers. We look forward to delivering even greater value in 2010."

About Enventive Design Optimization Software

Enventive is a mechanical engineering design system that takes mechanical designs through every phase, from initial concept, to preliminary  design, to variational analysis and optimization.

By combining geometric, mathematic, and kinematic modeling with automated variation analysis, optimization capabilities, and GD&T simulation, Enventive enables engineers to simultaneously optimize critical parameter values and their tolerance limits, giving them greater insight into their products.

Enventive helps engineers understand how real world variances affect design before detailed design occurs, resulting in significant savings in time, effort and money.

About Enventive Engineering, Inc.

Enventive Engineering, Inc., is a privately held Delaware corporation, founded in 2002.
 
Enventive Engineering is dedicated to helping mechanical engineers succeed in the areas of design, analysis, and optimization by providing them with technologies that enable reliable identification of potential design problems early in product development.
 
Enventive Engineering develops, maintains and supports software distributed to companies based mainly in the US and Europe, with users as far-ranging as China, India, South Africa, and Brazil. Enventive Engineering customers include several Fortune 500 companies as well as smaller companies representing a variety of fields, including automotive, aerospace/defense, medical, electrical components, office equipment, and appliances.