Choi Jong-bok (right), CEO of ZYX Technology, and Choi Jae-won, president of Pusan National University, pose for a photo at a signing ceremony on Tuesday. (Zyx Technology)
Choi Jong-bok (right), CEO of ZYX Technology, and Choi Jae-won, president of Pusan National University, pose for a photo at a signing ceremony on Tuesday. (Zyx Technology)

South Korean design software developer ZYX Technology announced Friday that it has signed a memorandum of understanding with Pusan National University to provide ZYX CAD licenses valued at approximately $10 million.

As part of the three-year agreement, the company will supply instructional licenses to students and faculty to foster future software talent in the nation’s second-largest city.

ZYX CAD is computer-aided design software available through the Korean Public Procurement Service. Compatible with AutoCAD, it features identical file extensions, commands, shortcuts and LISP functionality, delivering fast and stable performance through multi-CPU utilization.

Earlier this month, ZYX Technology released a new version of ZYX CAD, designed to enhance the user experience with customizable ribbon menus, a 3D modeling workspace, multi-window functionality, image vectorization and improved drawing views. Students will have access to the latest software version throughout the agreement period.

PNU President Choi Jae-won expressed gratitude for the donation, stating, “This partnership establishes a solid foundation for nurturing tech talent. We expect further collaboration with ZYX Technology.”

“We are pleased to donate ZYX CAD licenses to Pusan National University at the start of this year,” said Choi Jong-bok, CEO of ZYX Technology. “We will continue to support future talents in developing their capabilities.”

This initiative follows ZYX Technology’s donation of 18,000 ZYX CAD licenses last year to 12 universities in Korea and Vietnam, including Hanyang University, Korea University, Vietnam's Construction Technical College No.1 and Hanoi University of Science and Technology.

By Park Min-ha (en23mp@heraldcorp.com)