U.S. Patent Office confirms company’s powerful simulation technology remains unrivalled in its ability to predict long term durability and costs.
Brentwood, TN, January 6, 2010 – The U.S. Patent & Trademark Office recently awarded VEXTEC Corporation its third patent protecting the intellectual property upon which the company’s Virtual Life Technology is built.
Patent No. 7,480,601, the third in a series of patents the company has applied for, furthers VEXTEC’s ownership stake of probabilistic, microstructure material forecasting technology. VLM predicts the in-service reliability of manufactured fleets of parts and will soon be launched through the company’s new Virtual Twin licensed simulator product offering.
Dr. Robert G. Tryon, III, VEXTEC CTO and Co-founder, whose name is on the patent, said, “Obviously, we are very pleased to have the innovative nature of our technology validated in this way, and we look forward to the disposition of the other patent filings. But the people who are really poised to benefit are our partners with whom we’ve formed initial strategic engagements. They’re the ones who will enjoy the competitive advantages we’re creating in time to market, durability prediction and life cycle cost savings.”
VEXTEC is a computational simulation company that provides technical expertise and services in the area of component, system, and fleet durability and life. VEXTEC utilizes the Virtual Life Management® (VLM) engineering software platform to help companies make better products and resolve in-service durability and reliability issues. VEXTEC enables clients to optimize their product design and manufacturing processes to achieve the desired product durability and life, while at the same time reducing product development time and cost. Founded in 2000, VEXTEC is recognized as a technological leader in the application of computational material science and probability theory to improve product quality. To learn more, please visit www.vextec.com.
Ashley C. Clark
(615) 372-0299 (ext. 233)