VX Corp. and IMS Software Announce Reseller Agreement

VX OverdriveTM CAM Users Gain Quick Link to Widest Range of Machine Tools

PALM BAY, Fla. - Jan. 31, 2002 - VX Corporation, the pioneering developer of advanced, integrated CAD/CAM solutions for engineers and industrial designers, announces that it will resell the IMSpost postprocessor software developed by Intelligent Manufacturng Software, Inc. (IMS), the recognized leader in postprocessor technology.

Postprocessor technology transforms toolpaths generated by CAM software into the specific machine codes that are required to operate numerically-controlled machine tools. Machine codes vary by machine tool. The agreement signed with VX will provide VX Overdrive CAD/CAM users with the support to run VX-generated toolpaths on virtually any machine tool.

'One of the strengths of VX software is its integrated design-through-manufacturing,' said Bob Fischer, vice president of sales and marketing at VX. 'We're very pleased to extend our commitment to our manufacturing customers by bringing them the vast set of machine tool libraries supported by IMS, including IMS's special expertise in five-axis milling, which is a key feature of our next upcoming release, VX Overdrive Version 6.'

Daniel Wrenn, president of IMS, added, 'We look forward to working with VX not only as a reseller but also as a development partner providing a tighter level of integration with VX Overdrive, so that VX users can do postprocessing directly from within VX using our machine tool libraries. VX is committed to providing a complete and easy to use manufacturing solution and IMS is pleased to support that effort.'

The IMSpost software to be sold by VX is exceptionally intuitive and reduces the complexity of machine tool control to simple menu selections. A graphical Windows-based check-list interface guides the CAD/CAM user through the complete postprocessor configuration, machine setup and simulation. About VX CAD/CAM

VX CAD/CAM software offers premium-performance capabilities typically available only in expensive enterprise-level products. VX Overdrive is the only value-priced, premium-performance CAD/CAM product that integrates design and manufacturing to eliminate the gap between CAD and CAM. Manufacturing planning and CNC machining routines are integral parts of the VX engine and provide exceptional synchronization between design and manufacturing. In addition, VX Overdrive provides sophisticated functionality such as advanced Class A surfacing, intelligent sketching, photo-realistic rendering and history editing.

About VX Corporation

VX Corporation is the pioneering developer of advanced, integrated CAD/CAM solutions for engineers and industrial designers. Using VX's design-through- manufacturing solutions, companies can speed time-to-market, increase profitability and gain a sustainable competitive advantage - made possible by new breakthroughs in technology, price and performance. Unlike conventional CAD/CAM systems, VX technology is built on an exclusive, high-performance VX Overdrive engine that delivers sophisticated 3D hybrid modeling capabilities and provides interoperability with emerging process management and engineering tools. Some of the world's leading manufacturers rely on VX software to drive the design, engineering and manufacturing of innovative products.

About IMS

IMS Software, Inc., founded in 1989, is a recognized leader in providing NC postprocessing solutions and services to companies seeking a competitive advantage in the manufacturing industry. With headquarters in Haverhill, Mass., IMS postprocessing solutions are sold worldwide, addressing the needs of companies of all sizes, primarily in the automotive, aerospace and defense, general manufacturing and machinery, and electromechanical industries. Information on IMSpost and IMS is available at http://www.ims.com.

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For further information, contact:

Paul Mormack (413) 445-7790
Brodeur Worldwide
pmormack@brodeur.com

VX is a registered trademark and VX OverdriveTM is a trademark of VX Corporation.