R&B Mold & Die Design Solutions Announce Growing Revenues

Company states 78 Percent Growth in Revenue for Q1 2001 as Sales of SplitWorks and MoldWorks Continue to Rise

CAVE CREEK, AZ --April 23, 2001 — R&B Mold & Die Design Solutions, a leading mold and die design software developer, today announced that it recorded a 78 percent increase in corporate revenues in Q1 2001 compared to Q4 2000. The sharp rise was a result of the continued sales growth of R&B’s software programs, SplitWorks™ and MoldWorks™.

New R&B users added in Q1 include many prominent organizations such as Courtesy Mold, Caroline Mold & Tool, Kaysun Tooling & Engineering, Lawrence Mold & Tool Corp., Quadra, Isometrix Design, JK Mold Design, Beckham Design, and Tech Mold.

“We are very happy with the sales results to date. Both SplitWorks and MoldWorks are already helping our customers reduce project timelines, as well as save tens of thousands of dollars in overhead, personnel costs, and mold construction,” said Frederick Dudek, President, R&B Mold & Die Design Solutions. “As more and more companies learn what their mold designers can do with our solutions, they will discover that their return-on-investment can be realized as quickly as three to six design projects.”

Jeffery Taddy, Assistant Director of Engineering at Courtesy Corporation, adds, “We are impressed with MoldWorks’ usability and value for our mold design and development as we were by R&B’s customer service, training, and professionalism. The product provides great value at a comparatively minimal price. In addition, the reseller and user support have been excellent."

SplitWorks & MoldWorks Overview

SplitWorks is the ultimate tool to significantly reduce the time to split your plastic part into cores, cavities, side cores, pins and electrodes. Once achieved, users can easily integrate them into the mold base design using MoldWorks. SplitWorks incorporates both automatic algorithms to extract the split surfaces as well as interactive tools to facilitate the completion of the inserts and other related components.

MoldWorks is the premier 3D solid-based mold design application that delivers innovative design tools for the injection molding industry. The software significantly reduces the tedious and time-consuming work of creating mold base assemblies. Modifications that may be required during the mold design process or after completion are automatically propagated throughout the assembly.

About R&B Mold & Die Design Solutions

With world headquarters in Yokneam, Israel and regional operations in Cave Creek, AZ and Tamm, Germany, R&B is redefining how engineers design molds. Founded in 1994, the company develops software applications that significantly help design engineers streamline the mold and die design process. R&B sells its products through the combination of a worldwide network of authorized value-added resellers, system integrators, and Original Equipment Manufacturers (OEMs). MoldWorks is a SolidWorks Gold Partner and SplitWorks is in the approval process to become a Gold Partner product.

For more information about R&B solutions, please visit www.RnBUSA.com

SplitWorks and MoldWorks are trademarks of R&B Ltd. SolidWorks is a registered trademark of SolidWorks Corporation. All other brands or product names are trademarks of their respective owners.


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Last modified on:4/22/2001
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