Smart Solutions Ltd. (http://www.smarteam.com), a Dassault Systemes S.A. (NASDAQ:DASTY) company, was founded in 1995 and develops Windows- and Web-based rapidly implemented Product Data Management (PDM) systems and workflow solutions for customers in the engineering, manufacturing, power, process and industrial market segments. First released in March 1997, SmarTeam software was designed as the first Windows-native PDM solution for users of the leading midrange PC CAD solutions. Smart Solutions has emerged as the fastest growing provider of Windows and Web-based PDM solutions, with over 6,000 seats of its SmarTeam software sold to over 500 customers worldwide. Smart Solutions' products are sold and supported worldwide via a network of seven international offices and over 150 authorized resellers.