LMS Samtech, a major player in R&D in Europe
Liège, May 19, 2012 LMS Samtech, European software developer, specialist of Computer Aided Engineering and advanced Finite Element Analysis technologies, was approved Tax Credit Research (Crédit d’Impôt Recherche) by the French Ministry of Higher Education and Research (Ministère de l’Enseignement Supérieur et de la Recherche).
Any subcontracting work of French Industries on R&D for the benefit of LMS Samtech is eligible for Tax Credit Research until December 31th, 2014.
LMS Samtech (Belgium) is part of the LMS Group since August 2011. Implementing the same strategy as the Group, LMS Samtech participates in many European research projects.
Investments that LMS Samtech devoted to the development of its software and its ability to work in partnership with the most prestigious organizations (industrials, laboratories) led the French Ministry of Higher Education and Research to recognize "the ability of LMS Samtech to conduct R&D projects eligible to Research Tax Credit" until late 2014. After this deadline, new application may be reformulated to be re-eligible.
In concrete terms, it means that for any French industrial partner, the actual amount charged for R&D projects, engineering services and development may benefit from the Tax Credit Research measure.
“The approval granting allows us to expand the R&D policy led by LMS Samtech, while allowing French industries and laboratories benefiting from the Research Tax Credit measure. We are conducting an “Added Value Creation” oriented policy to leverage French company and Research Center innovation to take over this globalized market with a very competitive positioning," said Philippe Barabinot, Business Development Director.
About LMS Samtech
LMS Samtech is specialized in the development of Computer Aided Engineering software. LMS Samtech develops and sales SAMCEF (structure and flexible mechanisms analyses based on Finite element Method), BOSS quattro (multi-disciplinary calculation) and the integrated platform CAESAM.
In addition, LMS Samtech develops the professional software solutions SAMCEF Wind Turbines, SAMCEF Rotors and SAMCEF Powerlines & Substations, which answer to specific industrial needs and which are based on LMS Samtech general-purpose software portfolio.
During the past twenty five years, the company developed its aerospace and defense foundation with major companies like Airbus, EADS, SNECMA Groupe SAFRAN, Eurocopter, Alenia Aeronautica, Thales Alenia Space, l'ONERA, SABCA, SONACA, TECHSPACEAERO, ESA, CNES…
More recently, important product diversification was performed to address the automotive sector (with Toyota Motor Corporation, PSA, Renault, Daimler...), the wind energy sector (for example with ALSTOM, REpower, AREVA,...) or the mechanical engineering sector.
LMS Samtech is part of the LMS Group, world leader in Test and Mechatronic Simulation. LMS Group employs over 1200 highly qualified people around the world.
Business Development Director, LMS Samtech (France)
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