Press Release
MSC.Software Releases White Paper Demonstrating ROI of Advanced Forging Simulation Software
COSTA MESA, Calif. April 12, 2001 - MSC.Software Corp. (NYSE: MNS), an established information technology software and services provider helping companies worldwide develop better products faster, today announced that it has made available a white paper quantifying the revenue benefits and cost savings realizable using advanced design simulation software in the forging industry.
The report uses examples drawn from MSC.SuperForge customer experiences and combines them with independent research and analysis to quantify cost savings achievable when deploying sophisticated simulation software products.
"Our customers have always had a clear appreciation for the ROI and financial benefits of our MSC.SuperForge product, but this study catalogs and quantifies those benefits in a single document based on real-world experiences," noted Frank Perna, Chairman and CEO, MSC.Software. "The incremental cost savings and margin improvements that our products can yield our customers are compelling, and this new study puts those benefits together in a tight story."
The study, "Simulating Profitability," chronicles simulation cost savings resulting from reductions in forging tooling iterations, equipment downtime improvements, material savings, and production process step reductions. Also discussed are the assertions of MSC.SuperForge users that the most valuable result of their deployment may be the ability to better retain design insight and knowledge as experienced design engineers retire or otherwise leave the company.
To learn more, attend a free MSC.SuperForge seminar on the web, on 18th April 2001. Visit http://www.simulationcenter.com to register. The study is available on-line at http://www.superforge.com/info.
About MSC.Software
MSC.Software (NYSE: MNS) is the information technology software and services provider helping companies worldwide develop better products faster. MSC.Software's software and services are used to enhance and automate the product design and manufacturing process. The ability to model and test software prototypes has cost-effectively enabled manufacturers to design and build everything from sophisticated aircraft and automobiles to electronic products. Simulating product performance reduces development expenses, time to market and warranty costs, positively impacting customer profitability. MSC.Software is capitalizing on the advantages of the Linux operating system for high-performance computing and the Web in all of its forms. For additional information about MSC.visualNastran, our ASP or Linux initiatives, visit us at www.engineering-e.com or www.mscsoftware.com.
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| Contact: Joanne Keates Vice President, Investor Relations MSC.Software 714.444.8551 joanne.keates@mscsoftware.com |
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