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News Virtual Material Simulation Patent Issued To VEXTEC Nashville , TN., May 15, 2006 - VEXTEC Corporation announced today that the United States Patent & Trademark Office has awarded the company U.S. Patent No. 7,016,825 entitled, “Method and apparatus for predicting failure of a component.” This is VEXTEC’s second patent in its growing portfolio relating to reliability prediction through virtual simulation. Ever increasing economic demands require that products and structures have high reliability. It is usually the case that similar product components vary widely in their operating lifetimes. “This award by the Patent & Trademark Office is an official recognition of VEXTEC for inventing a method and apparatus for accurately predicting failure of a component using microstructure-based modeling,” stated Dr. Robert Tryon, Chief Technology Officer. “The patent covers 31 individual claims for world-class innovation for simulating the way product components change and degrade over time through use.” This technology has been incorporated within the VPS-MICROTM software module within the VEXTEC DCRM enterprise-level solution application. About VEXTEC VEXTEC will soon launch a new enterprise solution software package enabling reliability engineering to be approached at a new strategic level within the corporate organization and between companies, strategic partners and vendors. Manufacturers mastering the modern and updated version of the complexities of the art and science of reliability, will be able to execute at the corporate level with a new rational crispness like never before. Those manufacturers will significantly out-perform manufacturers that do not. Our premise is simple: The cost of physical tests is rising. The cost of computer cycles is plummeting. It is common sense to replace the former with the later.
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