Press Release
MSC.Software Announces that David Fetah has Joined the Company as Vice President of Human Resources
SANTA ANA, Calif. - June 11, 2007 - MSC.Software Corporation (NASDAQ: MSCS), the leading global provider of enterprise simulation solutions including simulation software and services, announced today that David Fetah has joined the Company as Vice President of Human Resources.
Mr. Fetah is a seasoned human resources executive with broad accounting experience within the technology, manufacturing and engineering industries. During his career he has demonstrated ability to combine visionary, strategic and tactical human resources expertise to deliver bottom-line results. Fetah joins MSC.Software from St. Jude Medical, Inc., a global large market cap S&P company and leading manufacturer of medical devices where he served as vice president of human resources. During his tenure at St. Jude, Fetah developed and deployed human resource solutions that integrated strategic and operating business plans with the human capital assets of the company to drive successful business performance across the entire enterprise. Prior to that position he served as vice president, human resources and administration for Western Digital Corporation, a worldwide leader in the engineering and manufacturing of computer hard disk drives where he led the human resources function on a worldwide basis. Fetah also served in previous high-level human resources positions at PeopleSoft, Inc. and the Fluor Corporation.
"David Fetah's global human resources experience is marked not only by technical strengths and proven ability, but also by support and understanding of business initiatives," said John A. Mongelluzzo, Executive Vice President, Business Administration, Legal Affairs and Secretary of MSC Software. "He is a strong leader with an established global track record of aligning core human resources strategy with business, improving process and influencing best-practices. We are pleased to welcome him to MSC.Software."
About MSC.Software Corporation
MSC.Software Corporation (NASDAQ: MSCS) is a leading global provider of enterprise simulation solutions,including simulation software and services 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 and services. 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 MSC, are trademarks or registered trademarks of MSC.Software Corporation in the USA and/or other countries. NASTRAN is a registered trademark of NASA. All other trademarks belong to their respective owners.
| Contact: Joanne Keates Vice President, Investor Relations MSC.Software 714.444.8551 joanne.keates@mscsoftware.com |
Contact: Jennifer Brannon Senior Manager, Public Relations MSC.Software (714) 445-3119 jennifer.brannon@mscsoftware.com |
