Anark Announces Sale of Entertainment Division

12 May, 2008

Company plans to focus its efforts on accelerating enterprise CAD-PLM and visualization business.

Anark Corporation has sold its Entertainment Software Division, including its award-winning Gameface UI software platform, to an undisclosed buyer. The company also has completed an additional funding transaction that will allow it to focus entirely on its enterprise 3D CAD-PLM (product lifecycle management) and visualization divisions.

In 2007, Anark launched the Anark Core Platform, which is targeted at the enterprise CAD-PLM market. This software platform reportedly reduces repetitive CAD file conversion and preparation tasks, enabling secure interoperability between producers and consumers of 3D CAD data for applications such as OEM-supplier data exchange, technical illustration, and visual simulation.

The current platform, Anark Core v1.1, provides users with design-feature removal capabilities (parts, holes, fillets), then exports modified CAD data into precision BREP and lightweight mesh file formats, including CATIA V4/V5, Parasolid, Pro/E, STEP, NX (formerly Unigraphics), IGES, Collada, DWF, X3D, and VRML. All of these steps can be automated in process-driven workflows specific to each project under way.

"Anark's history working with leading manufacturers such as Boeing, Cessna, Lockheed Martin, and Pratt & Whitney has given us considerable experience overcoming major obstacles that prevent the effective use of 3D product data throughout the enterprise and supply chain," said Stephen Collins, president and CEO of Anark Corporation. "The Anark Core Platform has been well received by our customers, reducing the time and effort of preparing 3D CAD files for data exchange, collaboration, and visual-simulation applications by as much as 80% compared with competing products and solutions."

Anark says it aims to deliver Anark Core v2 in the coming months. The company also plans to evolve and expand the capabilities of the Anark Media Platform and expand its sales operations across the North America, Europe, and Asia.