New License and Distribution Agreement Focuses on ADAMS/Engine TechnologySANTA ANA, Calif. January 12, 2009 - MSC.Software Corp. (NASDAQ: MSCS), the leading global provider of enterprise simulation solutions, including simulation software and services, today announced a new license and distribution agreement with FEV Motorentechnik GmbH in Aachen, Germany. Through this agreement, FEV will continue developing the common ADAMS/Engine technology, and leverage their automotive marketplace expertise to make product enhancements using their technology. FEV will be the provider of new ADAMS based Engine/Powertrain software products under the new brand: FEV Virtual Engine Powered by ADAMS™. FEV has a leadership position in the engine and powertrain technology marketplace that makes it ideally suited to grow the use of the ADAMS/Engine technology in automotive and other related industries. FEV is now licensed to develop, market, distribute, and support all MSC Software's engine modules worldwide. "MSC.Software is proud to partner with FEV, the world leader in engine and powertrain engineering to bring best-in-class multi-body dynamics technology and real-world engine/powertrain domain knowledge to the market," said Reza Sadeghi, chief technology officer, MSC.Software. "Our motion simulation technology is world-class, and when combined with FEV's deep expertise in real-world engineering we expect even greater accuracy, reliability, and performance in simulating engine performance." "The distribution of FEV Virtual Engine is a consequent step to expand our business in terms of offering complete solutions to our customers. In addition to our engineering services, we can now also offer simulation tools and enable more efficient CAE collaboration with our customers. MSC's roadmap of multi-disciplinary simulation software is the perfect foundation for this solution" said Professor Stefan Pischinger, President & CEO of FEV.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 1100 people in 23 countries. For additional information about MSC Software's products and services, please visit www.mscsoftware.com.
About FEV Motorentechnik GmbH www.fev.com.
Safe Harbor Language
Contact:
jennifer.brannon@mscsoftware.com |