SANTA ANA, Calif. – June 24, 2008 - MSC.Software (NASDAQ: MSCS), the leading global provider of enterprise simulation solutions, including Nastran software and services, today announced that it has acquired the MacNeal Group (tMG). The MacNeal Group was founded by Dr. Richard MacNeal, a pioneer for the CAE market and the leading authority on finite element technology. This acquisition maximizes the natural synergies between both companies around Nastran technology and provides superior simulation technology for the on-going globalization of the engineering supply chain.
The MacNeal Group brings to MSC.Software its unique computational Part and Assembly Analysis (PAA) methodology and enhances MD Nastran’s complex systems simulation capabilities by enabling the rapid exploration of high-fidelity system design variants from parts to assemblies, resulting in faster time-to-market and lower supply chain coordination costs. Specifically, tMG’s PAA methodology is an advanced computational assembly framework for managing high-fidelity simulation assemblies in much the same way that CAD assemblies are controlled across an enterprise but in a simulation context for improved accuracy and security for the behavior of the physical product components as computational “smart parts” within an overall assembly. The powerful fusion between MD Nastran’s substructuring and PAA will enable SimEnterprise users to automatically update an assembly’s response to design perturbations in constitutive computational parts without having to reassemble the parent system simulation model.
“As manufacturing companies continue to globalize, the ability to virtually innovate and test new product designs with distributed teams and suppliers becomes more and more challenging,” said Dr. Richard MacNeal, tMG founder and chairman. “tMG simulation advancements for Nastran accelerate the roll-up of virtual component parts from global suppliers into a complete and accurate virtual product for system-level simulation and optimization without exposing proprietary component part details. More importantly, tMG’s PAA methodology allows the rapid and timely update of the virtual product model as suppliers iterate on their respective part designs.”
“PAA is a game changer for structural analysis in general and will reinforce engineering simulation as the driver for innovative and robust designs along with the need for MD Nastran,” said Glenn Wienkoop, president and chief operating officer, MSC.Software. “The acquisition of tMG brings to MSC.Software not just the man considered ‘the pioneer of CAE”, but a highly-skilled team of Nastran developers that solidifies our world-class solver organization leadership and allows us to quickly bring to market thebenefits of tMG’s advancements in computational parts management.”
About MD Nastran
MD Nastran is the world's most powerful enterprise simulation software solution, combining the best-in-class technology platforms including MSC Nastran, Marc, Dytran and LS-Dyna into one fully integrated multidiscipline framework for the enterprise. MD Nastran provides the broadest range of simulation and analysis capabilities available in the market today with unique integrated coupling between discipline technologies to provide more accurate real world simulations. It is the solution technology at the center of the company’s new SimEnterprise portfolio. By combining the most common simulation types into a single integrated data model, MD Nastran allows manufacturers to more efficiently address a broad set of multi-disciplinary engineering applications. Traditionally such analysis would be performed using a linked series of analyses, with manual or a limited automatic connectivity. The MD approach addresses multidisciplinary applications in a fully combined solution, therefore eliminating the need for re-modeling and transfer of data, and hence reduces the potential for error. The MD system architecture also enables new levels of solution optimization, thereby creating faster simulations with higher accuracy and more reliability than was previously possible.
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.
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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.
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