IHS Inc. (NYSE: IHS), a leading global provider of critical technical information, decision-support tools and related services, today announced IHS Fasteners eCatalog, the first engineering-oriented parts research tool for industry standard and military fasteners. The IHS Fasteners eCatalog leverages multiple time-saving features and enhancements throughout the application to drive higher levels of productivity, efficiency, and hard cost savings for customers in the aerospace, defense, and automotive industries. The IHS Fasteners eCatalog enables design engineers, standards managers, and procurement, manufacturing and quality control professionals to dramatically reduce the search time needed to navigate through standards document references. Users can parametrically refine their searches to a concentrated set of options, shortening their design cycle times and improving parts reuse. Expanded capabilities and new functionality in the IHS Fasteners eCatalog enable: -- Productivity - features intelligent part number searching across 700,000+ AIA/NAS and Mil-Spec standard fasteners to help users quickly find the correct, orderable fastener, instead of only searching by text or standard document numbers. -- Efficiency - provides a common search interface so separate engineers can make design or redesign decisions quickly, correctly and consistently. Typical design and engineering processes that could take days to resolve a research request can now be conducted in seconds using the IHS Fasteners eCatalog. -- Hard Cost Savings - reduces part proliferation and unnecessary inventory overstocks resulting from inconsistent and poor parts management processes for engineering and manufacturing requirements. A leading aviation & aerospace OEM saw potential savings in excess of $8 million dollars annually. -- Deep integration with IHS Specs & Standards, IHS CatalogXpress(R) and IHS HAYSTACK(R) Gold databases brings a wealth of critical technical information to a single source, increasing confidence in engineering decision-making. As the prime standards provider in the new IHS Fasteners eCatalog tool, the Aerospace Industries Association immediately recognized IHS' valuable investment in bringing this concept to market. AIA supported and participated in a Beta User Forum, helping guide the IHS Fasteners eCatalog's content and application development. "The IHS Fasteners eCatalog adds significant value to the engineering design process as a close complement to the industry standards themselves," said Matt Williams, Standardization Director, Aerospace Industries Association. "The tool's user-friendly design and performance also streamlines parts research. We've enjoyed working collaboratively with IHS and customers to design and introduce this great advancement in parts management." "At approximately $20,000 per new part introduction, the financial impacts to manufacturers are enormous, but still pale in comparison to the liability associated with poor part selection," said Paul Evenson, Senior Vice President, Parts Solutions, IHS. "By leveraging the IHS Fasteners eCatalog, companies can improve their selection process via time savings and accuracy, accelerate their parts research and eliminate the risk of lost production time, and still meet and exceed the high demands on strict standards conformance." The IHS Fasteners eCatalog is available immediately. About IHS (www.ihs.com) IHS (NYSE: IHS) is one of the leading global providers of critical technical information, decision-support tools and related services to customers in a number of industries including energy, defense, aerospace, construction, electronics, and automotive through two operating segments, Engineering and Energy. We serve customers ranging from governments and large multinational corporations to smaller companies and technical professionals in more than 100 countries. Customers rely on IHS offerings to facilitate decision making, support key processes and improve productivity. We have been in business for more than 45 years and employ more than 2,300 people around the world. About the Aerospace Industries Association (AIA - www.aia-aerospace.org) The Aerospace Industries Association represents the nation's leading manufacturers and suppliers of civil, military, and business aircraft, helicopters, unmanned aerial vehicles, space systems, aircraft engines, missiles, materiel and related components, equipment, services, and information technology. IHS and IHS Energy are registered trademarks of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright (C) 2006 IHS Inc. All rights reserved.
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