Numetrics to Provide Project Planning Tools to STMicroelectronics

ST's Automotive Product Group to use Numetrics' fact-based project planning tools to further improve R&D productivity and schedule predictability

CUPERTINO, Calif., Sep 22, 2011 -- Numetrics, the leading provider of fact-based resource and schedule estimation tools for semiconductor and embedded software projects, announced a multi-year agreement concluded recently with the Automotive Product Group (APG) of STMicroelectronics, a global leader serving customers across the spectrum of electronics applications, and a leader in automotive IC's. APG will apply the Numetrics' software as part of a broad initiative to continue to ensure world-class product development productivity and schedule predictability.

"Our objective is to establish APG as the undisputed leader in R&D, and Numetrics' fact-based planning solution is part of that equation," said Paul Grimme, Executive Vice President and General Manager of STMicroelectronics Automotive Product Group. "The Numetrics solution gives us a powerful planning, benchmarking, program management and metrics infrastructure, which helps continue and improve the optimal deployment of R&D resources, a cornerstone for further maximizing productivity and on-time schedule performance."

Using models calibrated with large quantities of industry data together with APG's own project data, Numetrics' fact-based project planning tools enable engineering managers to generate the most reliable project plans possible. Resource estimates are based on a calculation of the target design's complexity combined with the project's schedule constraints and expected team performance. The solution allows users to optimally balance and reconcile the competing constraints on a project, including resource availability, desired functionality, schedule and development budget. Numetrics' tools have been applied to over 2,000 production IC projects from more than 50 companies in the semiconductor and electronics industry.

"Fortune Magazine recently named STMicroelectronics one of the 'World's Most Admired Companies,' and the reasons are clear. We look forward to helping APG maintain its world-class product development capability with the deployment of our fact-based solutions," said Ronald Collett, president and CEO of Numetrics.

About Numetrics Management Systems Inc.

Numetrics ( www.numetrics.com ) provides project and program managers in leading semiconductor and embedded software R&D organizations with production-proven planning tools to create project schedules and resource estimates that are far more accurate and reliable than projections based solely on intuition and traditional tools/methods--and in a fraction of the time. The enterprise resource planning (ERP) software leverages an industry database of more than 1,600 IC design projects to reliably measure project schedule risk and benchmark product development performance against the industry's best-in-class. The company is headquartered at 20863 Stevens Creek Boulevard, Suite 510, Cupertino, Calif. Numetrics Management Systems and NMX are trademarks of Numetrics Management Systems, Inc. All other brands or products are the trademarks or registered trademarks of their owners.