|SDRC Approves Stock
CINCINNATI - December 11, 2000 - SDRC
(Nasdaq:SDRC), a global supplier of e-business collaboration solutions for the product
lifecycle, announced today that the Company's Board of Directors has approved a program to
repurchase up to 3,000,000 shares of its common stock. Purchases will be made on the open
market from time to time at the discretion of management. The purpose of the program is to
help offset any dilution caused by the exercise of stock options and to acquire shares for
the Company's employee stock plans. SDRC repurchased 3,000,000 shares over the last three
years under a prior authorization that was recently completed.
"This action by the Board of Directors reflects our confidence in the future of
SDRC," said Bill Weyand, chairman and CEO, SDRC. "At current price levels, we
believe that SDRC's common stock remains a solid investment."
SDRC (Structural Dynamics Research Corporation) is a leading global provider of e-business
collaboration solutions for the product lifecycle. The Company's products address the
areas of e-Product Knowledge Management (e-PKM), e-Business Integration (e-BI),
e-Collaborative Products (e-CP), and e-Mechanical Design Automation (e-MDA). Coupled with
process engineering and consulting services, the Company's solutions facilitate innovation
through collaboration, enabling industry leaders to optimize product development early in
the design process, increase productivity, and significantly improve time-to-market. SDRC
employs more than 2,500 people worldwide, with 77 offices in 18 countries throughout North
America, Europe, and Asia/Pacific.
Note to Editors: SDRC is a registered trademark of Structural Dynamics Research
Corporation. All other trademarks or registered trademarks belong to their respective