Third Wave Systems, Inc. ("TWS") is a software products and solutions company focused on addressing the advanced technology needs of the machining industry. The firm currently has unique machining simulation and analysis products that have been purchased by - and are in use at - industry-leading automotive and aerospace companies. Engineers in these companies use TWS' software coupled with applications engineering expertise dramatically to reduce the costs of producing machined parts. While currently marketing its flagship product AdvantEdgeTM, the company is also working on development of its next generation of products. Third Wave Systems, Inc., a premier Finite Element Analysis (FEA)-based, machining simulation provider is based in Minneapolis, MN but has offices and distribution centers in the United States, Singapore, Japan and around the world. The firm recently announced a dramatic breakthrough in machining simulation technology that reduces, and in some situations eliminates, the chronic problem of chatter in manufacturing production.