Press Release
MSC.Software Names Randy Brinkley to Board of Directors
SANTA ANA, Calif. - May 15, 2007 - MSC.Software Corp. (NASDAQ: MSCS), a leading global provider of simulation software and services, today announced that Randy Brinkley has joined the Company's board of directors.
Mr. Brinkley is currently the CEO of Rocketplane Kistler, a commercial space transportation company formed in 2004. He was formerly President of Boeing Satellite Systems Inc, the world's largest manufacturer of commercial satellite systems and prior to that was Senior Vice President of Programs for Hughes Space and Communications Company. Mr. Brinkley was the NASA Program Manager for the International Space Station (ISS) and was responsible for the integration of Russia's participation in the ISS Program. Prior to this, he was the Mission Director of the Hubble Space Telescope Repair Mission. From 1990 to 1992 he managed research and development activities for advanced aircraft systems and technologies at McDonnell Douglas Corporation.
Prior to his senior management experience in the aerospace industry, Mr. Brinkley served in the U.S. Marine Corps for 25 years. He has received numerous national and international awards for his achievements in aerospace. He was inducted into the Smithsonian's Aviation Hall of Fame for his efforts as Program Manager of NASA's ISS Program. Since 1999, he has served as a limited partner and senior executive advisor to J.F. Lehman & Company and is currently a member of the board of two of J.F. Lehman's portfolio companies.
"Randy Brinkley is a seasoned aerospace and NASA executive, who will bring specific knowledge of our simulation industry as well as vast experience in the defense and satellite industries," said Bill Weyand, CEO and Chairman of MSC Software. "Randy will help guide our return to being a growth company particularly in the aerospace and defense industries which are forecast to grow significantly over the next five years."
About MSC.Software Corporation
MSC.Software (NASDAQ: MSCS) is a global leader of enterprise simulation solutions that help companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1100 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.
Safe Harbor Language
This press release contains forward-looking statements, including all statements relating to the features, benefits, capabilities and performance of MSC.Software products. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, changes in technology, the end-user computing and analysis environment, implementation and support that meet evolving customer requirements, general industry trends and the impact of competitive products.
Furthermore, information provided herein, which is not historical in nature, are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
The MSC.Software Corporate Logo and MD Nastran are trademarks or registered trademarks of MSC.Software Corporation in the USA and/or other countries. All other trademarks belong to their respective owners.
| Contact: Joanne Keates Vice President, Investor Relations MSC.Software 714.444.8551 joanne.keates@mscsoftware.com |
