Geometric, a leader in product lifecycle management (PLM), engineering services and offshore product development (OPD) solutions and technologies, today announced the release of NestLib 2010 R1 with improvements in material utilization for sheet metal punching and inventory management.

NestLib is one of the most successful nesting software library in the market, focused on optimizing two dimensional packaging. It has been licensed by over 90 independent software vendors and original equipment manufacturers worldwide.

This latest release of NestLib incorporates a number of new features, several important fixes and updates, as well as performance improvement measures. Some of the most important additions include:

Multiple corner nesting and inventory forecasting support with edge matching feature to increase material utilization, and thereby reduce material cost for the wood working industry.

User controls advancements like run time local area selection for every orientation of a part in common punch module. This feature will assist punch machine users to control the nesting of a specific part in the entire nested layout.

Nesting reports in PDF format can be directly generated from the NestLib evaluation program. This will allow customers to store the nested reports on their computers for easy reference and sharing.

Inventory forecasting module that identifies the best sheet size to be used for a given order, can now be used for orders with different part materials and thickness.

NestLib is recognized as one of the fastest and most efficient nesting libraries. It provides matchless, high speed, and powerful algorithms for fully automated true shape nesting.

Shares of the company gained Rs 0.5, or 0.82%, to trade at Rs 61.30. The total volume of shares traded was 32,984 at the BSE (2.28 p.m., Wednesday).