New director named for Ricardo Software

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Release date:11 December 2008

Ricardo has announced that Dave Higbie will take over as the global director responsible for the company's powertrain computer aided engineering (CAE) software business, Ricardo Software

Higbie brings 13 years of experience in the powertrain consulting and CAE simulation software industry.  He joins Ricardo from AVL, where he was director of the North American simulation software business unit.  His diverse background includes business development and management, with responsibility for managing teams, budgets and strategy.  Prior to AVL, Higbie held positions of increasing responsibility at CAE software developer, Exa Corporation.  Early in his career he spent three years with Ricardo, including time as a software project engineer.  Higbie holds a Master's degree in aerospace engineering from the University of Michigan and an undergraduate degree in mechanical engineering from Union College. 

With global responsibility for the Ricardo Software business, Higbie will be based at the Ricardo Detroit Technology Campus and will manage the company's software development and sales, support and distribution teams based in the US, Europe and Asia.  He takes over from Steve Sapsford who will now be able to focus on his role as global product group director of Ricardo's gasoline engines technology and engineering activities. 

NOTES TO EDITORS:

Ricardo Software:The CAE software business of Ricardo plc, Ricardo Software markets a wide range of design and analysis software products developed specifically for application during the powertrain development and vehicle integration process. These software products are developed and supported by dedicated teams at the Ricardo technical centres across Europe, North America and Asia. Each software product provides its own range of state-of-the-art features and capabilities, and through its on-going programme of product development Ricardo Software continues to provide its customers with the very latest in simulation technology. Licensees include many of the leading global automakers, the tier 1 supplier base and many leading academic institutions.  Increasingly Ricardo Software products are also being applied in the development of clean energy products and technologies.  For more information visitwww.ricardo.com/softwareor contact your local Ricardo Software representative (details on the web site).

Ricardo plc:With technical centres and offices in the UK, USA, Germany, the Czech Republic, China, Japan and Korea, Ricardo is a leading independent technology provider and strategic consultant to the world's transportation sector industries. The company's engineering expertise ranges from vehicle systems integration, controls, electronics and software development, to the latest driveline and transmission systems and gasoline, diesel, hybrid and fuel cell powertrain technologies. Its customers include the world's major vehicle, engine and transmission manufacturers, tier 1 suppliers and leading motorsport teams. Ricardo is committed to excellence and industry leadership in people, technology and knowledge; approximately 70 per cent of its employees are highly qualified multi-disciplined professional engineers and technicians. A public company, Ricardo plc posted sales of £197.7 million in financial year 2008 and is a constituent of the FTSE techMark 100 index - a group of innovative technology companies listed on the London Stock Exchange.  For more information, visitwww.ricardo.com.

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