- CEO
- Anders Eriksson
- Full Time Employees
- 25
- Sector
- Technology
- Industry
- Software - Application
- Address
- 650 Suffolk Street Lowell MA United States of America 01854
- IPO Date
- Aug 27, 1981
- Business
- SofTech, Inc. (OTCQB: SOFT) develops, markets, distributes, and supports computer-aided design (CAD), product lifecycle management (PLM), product data management (PDM), and collaboration software solutions that enable companies to manage the lifecycle of their products from concept through design, manufacturing, and support. The company's core offerings include proprietary CAD/CAM tools; PDM systems for data storage, retrieval, and version control; PLM platforms integrating engineering, manufacturing, and service processes; and collaboration software facilitating real-time teamwork across distributed teams, primarily targeting the manufacturing, aerospace, automotive, and engineering sectors. Founded in 1969 and headquartered in Lowell, Massachusetts, SofTech operates principally in the United States with a focus on application software for industrial clients. In recent developments, the company joined the Aras Partner Program to develop integrated solutions extending PLM capabilities; maintains a modest market capitalization of approximately $93,000 with 933,720 shares outstanding as of late 2025; and continues to provide professional services amid a legacy of innovation dating back to software engineering tools in the 1970s, despite historical acquisition by Essig PLM.