West Springfield, MA -- (SBWIRE) -- 08/05/2010 -- Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

"Costimator has been a very large part of Jabil's quoting process since being purchased in 2003. It is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," noted Kristen Housley Cost Estimator with Jabil Circuits.

Like the Jabil Circuits experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 08/03/2010 -- Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

"Since the installation of the Costimator system, we have become master machine shop estimators! It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits! Hats off to MTI for providing a superior product and excellent support as well," noted Teri Lerew, President of Aerofab.

Like the Aerofab experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 08/02/2010 -- Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

"Since the installation of the Costimator system, we have become master machine shop estimators! It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits! Hats off to MTI for providing a superior product and excellent support as well," noted Teri Lerew, President of Aerofab.

Like the Aerofab experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 07/29/2010 -- Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

"Costimator has been a very large part of Jabil's quoting process since being purchased in 2003. It is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," noted Kristen Housley Cost Estimator with Jabil Circuits.

Like the Jabil Circuits experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 07/23/2010 -- "Since the installation of the Costimator system, we have become master machine shop estimators! It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits! Hats off to MTI for providing a superior product and excellent support as well," noted Teri Lerew, President of Aerofab.

Like the Aerofab experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 07/20/2010 -- "Costimator is an integral part of our best-in-class technologies. We use the system to estimate the time and cost to manufacture precision-engineered components and assemblies for aerospace, power generation, defense and other advanced technology industries. We require estimating software that is easy to use and works in every facet of our operations; from fabrication to five-axis machining. Our engineers working along with process technicians and toolmakers rely on Costimator's speed, accuracy, and consistency to win orders and ensure profitability," noted Dave Cybart, the Engineering and Tooling Manager for Rich Technology International.

Like the Rich Technology experience with MTI Systems, job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 07/08/2010 -- Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

"Costimator is incredibly straight forward and user-friendly. The process plans and other reports look great to a customer. It gives them the feeling that we've done our homework when estimating their parts, which they appreciate. When I am on the phone talking to a customer they may want to get an estimate for a different quantity than originally requested, or have me estimate a similar part. I can keep them on the line, while I calculate the new estimate. Customers love that type of instantaneous response, which I believe helps us to get more orders," noted Brandon Clark, Senior Estimate for Wayne Machine, Inc.

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

- Step 1: Enter the Part Information
- Step 2: Select the Quantities to be quoted
- Step 3: Add the required Material(s
- Step 4: Pick the Equipment needed to manufacture the part
- Step 5: Add the Details for each operation

The result is an estimate complete with time and cost for each operation.

Job shop cost estimation has concrete and real measurable impacts:

- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
-Increase shop floor productivity by up to 30%

About MTI Systems:
MTI Systems (www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/13/2010 -- Teri Lerew of AeroFab, Inc. acknowledged, "We have become master machine shop estimators. It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits!" Lerew acknowledged MTI Systems' job shop software solution for these bottom-line improvements.

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

Step 1: Enter the Part Information
Step 2: Select the Quantities to be quoted
Step 3: Add the required Material(s)
Step 4: Pick the Equipment needed to manufacture the part
Step 5: Add the Details for each operation

The result is an estimate complete with time and cost for each operation.

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Job shop cost estimation has concrete and real measurable impacts:

Increase RFQ "Win" percentage by as much as 100%
Eliminate jobs that cost money to produce
Reduce estimating time by up to 200%
Increase shop floor productivity by up to 30%

About MTI Systems:
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/11/2010 -- Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings.

According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Manufacturing journalist Thomas R. Cutler recently authored a feature article for Automation.com about the Bottom-Line impact of accurate cost estimation technology.

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

Step 1: Enter the Part Information
Step 2: Select the Quantities to be quoted
Step 3: Add the required Material(s
Step 4: Pick the Equipment needed to manufacture the part
Step 5: Add the Details for each operation

The result is an estimate complete with time and cost for each operation.

Teri Lerew of AeroFab, Inc. acknowledged, "We have become master machine shop estimators. It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits!" Lerew acknowledged MTI Systems' job shop software solution for these bottom-line improvements.

Similarly, Chris Lobdell of Northeast Manufacturing noted, "Contract bidding and the art of fast and accurate cost estimating are more crucial to a company's profitability now than ever before. We rely heavily on our system to produce accurate bids for competing effectively."

Job shop cost estimation has concrete and real measurable impacts:
Increase RFQ "Win" percentage by as much as 100%
Eliminate jobs that cost money to produce
Reduce estimating time by up to 200%
Increase shop floor productivity by up to 30%

About MTI Systems:
MTI Systems is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/09/2010 -- Chris Lobdell of Northeast Manufacturing noted, "Contract bidding and the art of fast and accurate cost estimating are more crucial to a company's profitability now than ever before. We rely heavily on our system to produce accurate bids for competing effectively."

 Job shop cost estimation has concrete and real measurable impacts:

 Increase RFQ "Win" percentage by as much as 100%
 Eliminate jobs that cost money to produce
 Reduce estimating time by up to 200%
 Increase shop floor productivity by up to 30%

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

 Step 1: Enter the Part Information
 Step 2: Select the Quantities to be quoted
 Step 3: Add the required Material(s
 Step 4: Pick the Equipment needed to manufacture the part
 Step 5: Add the Details for each operation
The result is an estimate complete with time and cost for each operation.

About MTI Systems
MTI Systems (http://www.mtisystems.com) is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/08/2010 -- Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

 Step 1: Enter the Part Information
 Step 2: Select the Quantities to be quoted
 Step 3: Add the required Material(s
 Step 4: Pick the Equipment needed to manufacture the part
 Step 5: Add the Details for each operation

The result is an estimate complete with time and cost for each operation.

Manufacturing journalist Thomas R. Cutler recently authored a feature article for AutomationMedia.com about the Bottom-Line impact of accurate cost estimation technology.

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Teri Lerew of AeroFab, Inc. acknowledged, "We have become master machine shop estimators. It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits!" Lerew acknowledged MTI Systems' job shop software solution for these bottom-line improvements.

Similarly, Chris Lobdell of Northeast Manufacturing noted, "Contract bidding and the art of fast and accurate cost estimating are more crucial to a company's profitability now than ever before. We rely heavily on our system to produce accurate bids for competing effectively."

 Job shop cost estimation has concrete and real measurable impacts:
 Increase RFQ "Win" percentage by as much as 100%
 Eliminate jobs that cost money to produce
 Reduce estimating time by up to 200%
 Increase shop floor productivity by up to 30%

About MTI Systems
MTI Systems is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/08/2010 -- According to Thomas Charkiewicz, President of MTI Systems, (www.MTISystems.com) the leading cost estimating software firm since 1982, "Software solutions such as Costimator OEM allow companies to quickly and easily identify the cost drivers in the products they design, manufacture, and procure. This valuable information is then used to explore design alternatives and methods of manufacture that lead to lower cost products with higher profit margins."

Manufacturing journalist, Thomas R. Cutler, recently authored a feature article for AS411.com regarding the important role of cost-estimating software in driving millions of dollars to bottom-line savings.

Many of the world's largest and most successful manufacturing organizations need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings.

One of the key differentiators among various cost estimating technology solutions is the scope and depth of the data library. The greater the substance of real-world manufacturing data the more valuable and accurate the software will be to the end-users. Some of the minimum metrics to expect for optimal cost estimating software data libraries include:

• 200+ Process Cost Models
• 2,500+ Work Centers
• 3,500+ Parametric Models
• 2,400+ Materials
• 3,400+ Labor & Machine Handling Standards
• Work Center Shop Rates for several dozen countries

The key to any estimating tool is the reliability of the data it contains. Charkiewicz noted that as a best of breed cost estimating solution, "Over 95% of the data residing in our database library comes from MTI customers, which includes over 1,000 suppliers and OEM's. The accumulation of this data over the past twenty eight years is validated during system implementation and then added to the OEM database library. This information is shared with users on support through regular software updates."

About MTI Systems
MTI Systems is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems for OEMs:
Some developers of cost estimating software offer cost estimating services as an alternative to owning and utilizing their tools in-house. MTI Systems, the leading U.S. developer of manufacturing cost estimating software created a division dedicated to cost engineering consulting for OEMs. The company's cost estimating software products and services are being used worldwide, including Fortune 500 companies such as Caterpillar, IBM, Boeing and UTC.

Cost engineering consultants based in MTI Systems' West Springfield, Mass. headquarters, use Costimator OEM cost estimating software to provide detailed cost estimates for clients. The technology covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics and assembly. The system comes pre-loaded with average shop rates for over a dozen countries.

MTI Systems for Suppliers:

Suppliers also experience direct benefits from MTI Systems including:

 Increased RFQ "Win" percentages

 Reduction in Non-Profitable Jobs

 Higher Profit Margins

 Reduced time and expertise required to estimate

MTI Systems recognizes that both Suppliers and OEMs need to identify and understand the cost drivers in the parts they design, manufacture and procure.

MTI Systems provides vital data and reports needed to reduce manufacturing costs and increase profitability in all phases of the product development lifecycle. The information helps engineers to design parts and meet target costs. The data also provides purchasing with defendable "should cost" figures, and enables management to analyze "make" versus "buy" decisions.

MTI Systems' experts observed lack of dependable cost data at any point in the product development lifecycle often leads to missed cost targets, delayed product launches, time consuming re-designs, higher-than necessary manufacturing costs, and ultimately, lower than expected profits.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/07/2010 -- MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

"Costimator is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," reports Kristen Housley of Jabil Circuits.

MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM's and Suppliers worldwide. Costimator is the leading cost-estimating technology solution.

MTI Systems for OEMs:

OEM's worldwide use Costimator OEM to identify and understand the cost drivers in the parts they design, manufacture, and procure. This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company's Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems' cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
 Increased RFQ "Win" percentages
 Reduce Non-Profitable Jobs
 Optimize Profit Margins
 Reduced estimating time
 Increased quoting throughput

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 06/04/2010 -- Manufacturing journalist Thomas R. Cutler recently authored a feature article for Automation.com about the Bottom-Line impact of accurate cost estimation technology.

Many of the world's job shops need to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings. According to Thomas Charkiewicz, President of MTI Systems, "Few cost estimating software solutions have been around since 1982, yet more than 1,000 job shops and contract manufacturers worldwide have been utilizing Costimator JS for the speed, accuracy, and consistency it brings to their quoting process. Calculating the cycle time and cost of manufacturing for a part or assembly in a job shop, based on the capabilities of equipment and shop rates is a matter of bottom-line automation and productivity."

Few job shop cost estimating solutions come fully loaded with a library of over 2,000 work centers and materials. Too often there is an attitude among some job shop owners that these technologies are simply too good to be true. In fact there are few steps needed to accurately and effective test the efficacy of any cost estimating software.

- Step 1: Enter the Part Information
- Step 2: Select the Quantities to be quoted
- Step 3: Add the required Material(s
- Step 4: Pick the Equipment needed to manufacture the part
- Step 5: Add the Details for each operation

The result is an estimate complete with time and cost for each operation.

Teri Lerew of AeroFab, Inc. acknowledged, "We have become master machine shop estimators. It was quite easy even for an individual whom had absolutely no hands on experience in machining. The set up and installation time was inconsequential and now we are reaping the benefits with increased profits!" Lerew acknowledged MTI Systems' job shop software solution for these bottom-line improvements.

Similarly, Chris Lobdell of Northeast Manufacturing noted, "Contract bidding and the art of fast and accurate cost estimating are more crucial to a company's profitability now than ever before. We rely heavily on our system to produce accurate bids for competing effectively."

- Job shop cost estimation has concrete and real measurable impacts:
- Increase RFQ "Win" percentage by as much as 100%
- Eliminate jobs that cost money to produce
- Reduce estimating time by up to 200%
- Increase shop floor productivity by up to 30%

About MTI Systems:
MTI Systems is the leading provider of cost estimating solutions for manufacturing, OEM's, and Suppliers through the unique technology solution Costimator. MTI Systems offers unique Computer-Aided Cost Estimating (CACE) solutions and is proud to have implemented its solutions at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 05/26/2010 -- "Costimator is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," reports Kristen Housley of Jabil Circuits.

MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM's and Suppliers worldwide. Costimator is the leading cost-estimating technology solution.

MTI Systems for OEMs:

OEM's worldwide use Costimator OEM to identify and understand the cost drivers in the parts they design, manufacture, and procure. This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company's Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems' cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
• Increased RFQ "Win" percentages
• Reduce Non-Profitable Jobs
• Optimize Profit Margins
• Reduced estimating time
• Increased quoting throughput

MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 05/21/2010 -- At Carroll Machine Works (Pasadena, TX), the ability to produce cost estimates quickly and accurately is a matter of survival. To win jobs from customers that include NASA, aerospace companies and a variety of petrochemical, oilfield and gas industries, a precision machine shop must respond to an average of 150 customer RFQs per week.

The Texas-based precision machine shop responds to about 150 RFQs a week with many customers demanding a response in two to three days. A computer-aided cost estimating system has increased speed by 50% – 80% (versus manual), boosting the company's ability to respond and its chances of winning jobs.

"We pretty much live and die by our quotes down here, competing for every job," says Carroll Machine Works' (CMW) owner and chief estimator, Wayne Carroll. "Some parts cost $10,000 or more. We had better be estimating accurately, or we lose, big time."

Realizing that manual cost estimating methods couldn't match the incoming stream of RFQs – many with deadlines of two and three days – Carroll turned to a customized spreadsheet. The program helped the company to profit on 60% of its orders, while breaking even or losing money on 40%. Although profitable, the system did not satisfy Carroll.

After reviewing computer-aided cost estimating options, he purchased the Costimator System by MTI Systems, Inc. (W. Springfield, MA). The program includes a comprehensive database of proven manufacturing data and knowledge gleaned from a variety of sources.

Bidding With Confidence
Carroll says that the Costimator virtually eliminated "losers," jobs that cost more than estimated. The system's speed – 50% to 80% faster than detailed manual estimating – also boosted estimating department output. The Costimator paid for itself in months, adds Carrol, who has tailored the system's standards and machine times.

The company feels that it can now bid jobs with total confidence. "When customers come back and tell me they can get a better deal on a part from someone else, it's a lot easier to resist the temptation to re-bid the job lower," Carroll explains. He adds that machine times generated within the Costimator routings are electronically transferred to the shop's scheduling software, improving the management system's accuracy and further increasing company efficiency.

MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM's and Suppliers worldwide.

MTI Systems for OEMs:

OEM's worldwide use Costimator OEM to identify and understand the cost drivers in the parts they design, manufacture, and procure. This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company's Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems' cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
• Increased RFQ "Win" percentages
• Reduce Non-Profitable Jobs
• Optimize Profit Margins
• Reduced estimating time
• Increased quoting throughput

MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

West Springfield, MA -- (SBWIRE) -- 05/20/2010 -- MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM's and Suppliers worldwide.

Many of the world's largest and most successful manufacturing organizations utilize Costimator OEM to identify part cost reduction opportunities throughout the product development lifecycle, leading to millions of dollars in cost savings.

Costimator OEM allows companies to quickly and easily identify the cost drivers in the products they design, manufacture and procure. This valuable information is then used to explore design alternatives and methods of manufacture that lead to lower cost products with higher profit margins.

This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

Data Library
Costimator OEM comes with an unsurpassed library of real-world manufacturing data, including:

200+ Process Cost Models
2,500+ Work Centers
3,500+ Parametric Models
2,400+ Materials
3,400+ Labor & Machine Handling Standards
Work Center Shop Rates for over 2 dozen countries

The key to any estimating tool is the reliability of the data it contains. Over 95% of the data residing in the Costimator OEM database library comes from MTI customers, which includes over 1,000 suppliers and OEM's. The accumulation of this data over the past 25 years is validated during system implementation and then added to the Costimator OEM database library. This information is then shared with users on support through regular software updates.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company's Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems' cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
• Increased RFQ "Win" percentages
• Reduce Non-Profitable Jobs
• Optimize Profit Margins
• Reduced estimating time
• Increased quoting throughput

MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Jabil Circuits Praises MTI Systems Cost Estimating Solutions Costimator

West Springfield, MA -- (SBWIRE) -- 05/17/2010 -- MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM's and Suppliers worldwide. Costimator is the leading cost-estimating technology solution.

"Costimator is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," reports Kristen Housley of Jabil Circuits.

MTI Systems for OEMs:

OEM's worldwide use Costimator OEM to identify and understand the cost drivers in the parts they design, manufacture, and procure. This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company's Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems' cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
• Increased RFQ "Win" percentages
• Reduce Non-Profitable Jobs
• Optimize Profit Margins
• Reduced estimating time
• Increased quoting throughput

MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm