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CONCORD, Mass., BUSINESS WIRE --
aPriori, the global leader in Product Cost Management solutions, today announced the signing of its first reseller agreement with Paramex DTC (Design to Target Cost) of Warwick, England. This effectively provides aPriori with a sales and certified service provider that will market and implement aPriori's entire product line throughout the United Kingdom and continental Europe.
'Paramex has a wealth of experience providing engineering service solutions for Automotive OEMs and Tier 1 supply chain companies throughout the UK and Europe,' said Stephanie Feraday, aPriori's President and CEO. 'Their expertise and reputation for delivering high quality engineering services is a perfect match for us,' continued Feraday. 'aPriori has had great success selling and supporting our product cost management solution with Fortune 500 companies based in North America. Now, with Paramex as part of our team, we are looking forward to the same level of success in Europe.'
Phil Hands, CEO of Paramex Group Limited, commented 'aPriori's Product Cost Management solution is exactly what the Automotive and Aerospace industries need right now. They are struggling to rapidly identify ways to reduce product costs, and there are simply no other technologies out there that match aPriori's speed and accuracy in generating product cost estimates. We believe that aPriori is an exceptional complement to the CAD and Engineering services we have delivered to companies such as Jaguar, Land Rover, Tata Manufacturing and Engineering Technical Centre, Aston Martin and Magna to name a few. By adding aPriori to the mix, we can now help these same companies launch new products to market at or below target cost, maximize cost savings on redesign projects, and ensure that these companies are not overpaying for outsourced parts.'
About Paramex
Paramex is proud to be one of the UK's most experienced engineering services companies.
Paramex offer consultancy, recruitment, systems support and bespoke hardware / software solutions to many major OEM's and tiered suppliers alike. Paramex, working in partnership with its clients, delivers innovative and cost effective engineering solutions, enabling companies to maintain their competitive advantage against ever-increasing competition.
As testament to Paramex's ability, it has continued to increase both market share and customer base during the current economic downturn.
To learn more about Paramex and the engineering services it provides, visit www.paramex.com or call +44 (0)1926 468238.
About aPriori
aPriori software and services generate hard-dollar product cost savings for discrete manufacturing organizations. Using aPriori's real-time product cost assessments, employees in sourcing, manufacturing and design engineering make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and never overpay for sourced parts.
To learn more about aPriori and its product cost management solutions and services, or to see an online demonstration, visit www.apriori.com or call 1.978.371.2006.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.