Gamma Technologies Unveils Plans to Launch GammaTech Engineering (GTE), Acquires Powertech Engineering S.r.l., Accelerating Simulation Methods Development for Complex Systems

Gamma Technologies (GT), a global leader and innovator in multi-physics system simulation software, is pleased to announce the creation of an advanced methods team, GammaTech Engineering (GTE), and the acquisition of Powertech Engineering S.r.l (PWT), a leading services provider with deep computer-aided engineering (CAE) expertise, to enable industry innovators to develop and deploy advanced methods for complex systems critical to the successful transition towards a sustainable future. The viral adoption of an integrated multi-physics systems simulation centric approach, powered by GT software solutions, has led to an accelerated pace of new product development. GT's commitment to state-of-the-art CAE technologies has been reinforced by recent advancements in its GT-SUITE platform and key acquisitions for battery, e-motors, power electronics, and clean combustion technologies.

"GT has been quickly advancing the horizon of systems simulation technologies and extending its global footprint to provide trusted advisory support to our customers," stated Dimple Shah, GT's President and CEO. "To help achieve the goals of net zero ambitions, industry innovators need software partners to assist with new methods development, especially for those systems with higher degrees of complexity. To support this, we are very excited to welcome the talented experts of PWT and announce our investment in an advanced methods team, GTE. Along with our engineering services alliance partners, GTE will aspire to deliver validated and deployable methods to our customers."

"PWT has had a long-standing partnership with GT and their customers, and we are excited about the new possibilities to drive industry impact with our combined teams," said Enrico Pautasso, CEO of PWT. "The challenge ahead is to continue to translate the promise of advanced simulation technologies to product innovation and customer success. Collaborating closely with our customers and GT's R&D teams, we look forward to using the best-in-class systems simulation technologies and methods for applications that set new industry benchmarks."

"We are ready to bring our technology to all who can benefit from it," stated GT's CTO, Iakovos Papadimitriou. "GT-SUITE is a scalable, enterprise-level platform that provides users with actionable insights from product concept to final validation, thus enabling them to deliver higher quality products at reduced development times. With the establishment of the new GTE, and the addition of PWT, we will be able to provide our customers with invaluable guidance on proven best methodologies and practices and help them "fast track" product development and optimization."

About Gamma Technologies

GT develops and licenses GT-SUITE, a leading multi-physics CAE simulation software. GT-SUITE includes a complete library of physics-based modeling templates covering fluid flow, thermal systems, mechanics, electrics, magnetics, chemistry, and controls. It supports the entire development cycle from concept to validation. GT-SUITE applications include a wide variety of engineering systems such as conventional and hybrid vehicles, powertrains, engines, motors, compressors, catalysts, acoustics, cooling, thermal management, HVAC, hydraulics, lubrication, multi-body mechanics and much more.

GT-AutoLion is the leading electro-chemical-thermal battery simulation software with multi-scale capabilities for 1D and 3D analysis and design. GT-FEMAG extends GT's electrification portfolio with advanced multi-physics solutions for electric machines. GT also develops GT-PowerForge, a novel solution for power electronics design. The integration of GT-AutoLion, GT-FEMAG, and GT-PowerForge into GT-SUITE delivers unified and state of the art system simulation capabilities for electrified vehicles. Additional information is available at www.gtisoft.com