Press Release
MSC.Software's Asia Pacific Virtual Product Development Conferences draw More Than 2,000 Attendees
SANTA ANA, Calif. - September 14, 2006 - MSC.Software Corp. (NASDAQ: MSCS), the leading global provider of enterprise simulation solutions including simulation software and services, today announced the success of the company's Asia Pacific Virtual Product Development Conferences (VPD.) The conferences, held in Japan, China, Korea and Taiwan drew more than 2,000 attendees and provided the opportunity for MSC customers and the global engineering community to learn more about MSC's revolutionary new enterprise simulation offerings including SimXpert.
This year's Virtual Product Development (VPD) Conferences, themed "the evolution to enterprise simulation," are designed to help companies learn how to implement enterprise simulation and to be more competitive by ensuring right-to-market and minimizing time-to-market for products in highly competitive global environments. The APAC conferences featured a particularly strong showing from global leaders in manufactured products. Featured presentations from industry thought leaders and customers included Toyota, Nissan, Casio, Hyundai, Honda, Shanghai Supercomputing Center, IBM, and more. Nissan's presentation focused on how the company is reducing development time and increasing efficiency by using simulation within their powertrain development group to reduce the need for physical prototypes.
"MSC's VPD conferences spotlight strategies to help engineering teams meet the ever-increasing pressure of time, cost, quality, and performance," said Andrew Meyer, Vice President, Corporate Marketing, MSC.Software. "The tremendous success of this year's conferences, where we introduced SimXpert and explored the concept and need for enterprise simulation, is evidenced by the overwhelming customer enthusiasm for the SimEnterprise value proposition."
At the Japan VPD, MSC introduced SimXpert, the third solution in its SimEnterprise product suite. SimXpert empowers engineering analysts to template best practices, improving product and development costs and time-to-market, enabling organizations to accelerate innovation.
The introduction of SimXpert, and SimEnterprise has prompted industry analyst, Charles Foundyller, CEO of Daratech to state that "MSC has seized the initiative in the newly defined enterprise simulation marketplace."
MSC Software's Europe/Middle East/Africa VPD Conference will take place September 20-21 at the Marriott Hotel in Frankfurt, Germany. For more details or to register for the conference visit: http://vpd2006.mscsoftware.com.
About SimXpert
SimXpert, available at this time through the MSC exclusive Empower Program, is an advanced, next-generation multi-disciplinary CAE environment that provides comprehensive depth and functionality to speed system level simulations and allow companies to build, share, and execute best practices for simulation standardization throughout the enterprise. Using SimXpert companies can gain tremendous productivity improvements through the use of expert templates, automation, a multi-discipline common data model, and native CAD interoperability that eliminate the need for data translation. SimXpert leads to significant return on investment by accelerating the speed and accuracy of simulation; automating simulation processes and tasks; capturing knowledge, and radically improving the analysis process and therefore business productivity and innovation
About SimEnterprise
SimEnterprise, an enterprise simulation development platform that enables computer-aided-engineering (CAE) designers, analysts, managers and the supply chain to interact throughout the design process - in an open systems approach using their preferred development software - to deliver substantial collaboration, data management and process automation benefits. SimEnterprise is a revolutionary technological approach for the industry, and has been created to enhance the way engineering teams can access and work with data, sharing simulation information across the extended enterprise. Providing built-in connectivity to MSC.Software's leading solver technology, including MD Nastran, SimEnterprise solutions allow companies to easily deploy role-based simulation applications and tools -- including existing MSC applications such as SimDesigner and SimManager, and to seamlessly integrate with third party applications and in-house or custom applications - to speed simulation and design processes.
About MSC.Software Corporation
MSC.Software (NASDAQ: MSCS) is the 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 1200 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, MSC, MD Nastran, SimEnterprise, SimDesigner SimXpert and SimManager 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: Jamie Leicht Fleishman Hillard 619-237-7711 leichtj@fleishman.com |
Contact: Jennifer Brannon Senior Manager, Public Relations MSC.Software (714) 445-3119 jennifer.brannon@mscsoftware.com |
