Press Release
MSC.Software's Multi-discipline Simulation Environment will Standardize Manufacturing at EADS Astrium
SANTA ANA, Calif. - February 28, 2007 - MSC.Software (NASDAQ: MSCS), the leading global provider of enterprise simulation solutions including simulation software and services, today announced that Astrium, worldwide developers of satellite and space technology, will standardize their European simulation processes on MSC.Software's multi-discipline solutions, MD Nastran.
As long term users of a variety of CAE products Astrium sought to create a fully integrated simulation environment while simultaneously reducing their overall cost of operation. Following a detailed evaluation process, MD Nastran was selected and will be immediately implemented as the standard, across the European Astrium operation. The company also purchased MD Patran licenses.
"In selecting the MD solution environment from MSC Software, our European operations will benefit from an integrated platform of state-of-the-art simulation technology from a leading and trusted provider," said Mark Hughes, Astrium CAD/CAE Manager, "With a unified MD environment we anticipate a commercial cost saving of 14% in the first 5 years, rising to as much as 50% in the longer term."
By combining the solver technologies of MSC Nastran, Marc and LS-Dyna, MD Nastran delivers the most comprehensive simulation capability available anywhere, offering true multi-discipline simulation in one integrated system. MD Patran is a natural complement, offering direct CAD import and manipulation, with customizable pre-and post-processing capabilities specifically designed around the MD Nastran solver.
The benefits of multi-discipline simulation reach beyond an extensive set of solution capabilities. The single data model eliminates cross-discipline translation errors, and the integrated solution can be more effectively optimized to significantly increase simulation throughput. The MD environment also represents the foundation for a scalable enterprise level evolution, providing the core solution technology for the next generation of MSC products such as SimOffice and SimXpert.
"The evolutionary path from point CAE applications to an integrated enterprise simulation environment is a natural technological and commercial progression for many of our customers," said Amir Mobayen, Senior Vice President, MSC Software EMEA Operations. "The selection of the MD environment by Astrium follows a number of similar standardization projects in the Aerospace and Defense sectors which will bring significant benefits to European manufacturers and throughout their supply chains."
More information regarding MSC's products and services can be found at www.mscsoftware.com .
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 1100 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com .
About Astrium
EADS Astrium, a wholly owned subsidiary of EADS, is dedicated to providing civil and defence space systems and services. In 2005, EADS Astrium had a turnover of €2.7 billion and 11,000 employees in France, Germany, the United Kingdom, Spain and the Netherlands . Its three main areas of activity are: the business units Astrium Space Transportation for launchers and orbital infrastructure, and Astrium Satellites for spacecraft and ground segment, and its wholly owned subsidiary Astrium Services for the development and delivery of satellite services.
EADS is a global leader in aerospace, defense and related services. In 2005, EADS generated revenues of €34.2 billion and employed a workforce of more than 113,000. For more information, please visit: www.astrium.eads.net .
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, MD Patran, SimOffice, SimXpert and Marc are trademarks or registered trademarks of MSC.Software Corporation in the USA and/or other countries. NASTRAN is a registered trademark of NASA . LS-Dyna is a trademark of LSTC. All other trademarks belong to their respective owners.
| Contact: Jennifer Brannon Senior Manager, Public Relations MSC.Software (714) 445-3119 jennifer.brannon@mscsoftware.com |
