Aras®, the next leader in enterprise Product Lifecycle
Management (PLM) software, today announced that the CAD Society has
recognized Peter Schroer, Aras CEO & founder, with the 2016 Leadership
Award. Peter Schroer received the award for demonstrating leadership by
successfully introducing a unique and disruptive open source format into
the enterprise PLM market contrary to prevailing industry “wisdom”.

Presented annually at the Conference On the Future of Engineering Software
(COFES) the CAD Society Awards acknowledge the contributions made by
individuals who have significantly affected and developed the CAD,
engineering, manufacturing and architecture software industries. The
Leadership Award recognizes outstanding technical and business leadership
in the industry, and focus and dedication to the needs of end users.

“When you innovate today it’s no longer enough to have a step function
breakthrough in technology like our PLM platform,” said Peter Schroer, Aras
CEO & founder. “You have to combine your technology innovation with a
disruptive business model to get your product into the hands of end users
at companies around the world that can make a difference with it.”

Past Leadership Award recipients include PTC President & CEO Jim
Heppelmann, Autodesk President & CEO Carl Bass, Siemens PLM Software
former CEO, President & Chairman Tony Affuso, Onshape Co-founder &
Chairman Jon Hirschtick, and Dassault Systèmes President & CEO Bernard
Charles.

About Aras

We offer the best Product Lifecycle Management (PLM) software for global
businesses with complex products and processes. Resilient PLM platform
technology makes Aras more scalable, flexible and upgradable for the
world’s largest organizations, and a full set of applications provide
complete functionality for the business of engineering. Customers include
Airbus, GE, Hitachi, Honda, Kawasaki, Motorola and XEROX. Aras is privately
held with global headquarters in Andover, Mass. More at www.aras.com and Twitter @aras_plm