Introduction of Altair Inspire and Altair 365 Poised to Transform Product Development

Altair (Nasdaq: ALTR) announced the release and immediate availability of the Altair Inspire™ simulation-driven design platform, and the Altair 365™ cloud collaboration platform.  The Altair Inspire platform enables manufacturers to leverage simulation to drive the entire design process, accelerating the pace of innovation and reducing time-to-market.  This new platform brings together simulation solutions for generative design, engineering analysis, and manufacturability under a single, intuitive user environment, appealing to designers and engineers with little or no simulation experience.

Altair Inspire - The Future of Simulation-Driven Design Altair 365 - Simulation-Driven Design in the Cloud

“We believe the future of successful product development will rely upon an increasingly broad simulation user community,” says James R. Scapa, Founder, Chairman and CEO of Altair.  “These new releases are part of a path toward simulation access for every designer and engineer at every phase of product development from concept to manufacturing to in-service operation.”

Together with the release of Altair Inspire, Altair also debuts its Altair 365 engineering collaboration platform on Microsoft Azure.  Altair 365 allows customers the flexibility to access Altair Inspire and the entire solidThinking suite in the cloud under its new solidThinking units licensing model.  Whether running on the desktop or on Altair 365, Altair Inspire customers will enjoy the same intuitive user experience and simulation capabilities.  Altair 365 offers additional enterprise services including visual collaboration with peers, version control, secure data management and scalable high-performance computing resources.

“We are thrilled to introduce Altair Inspire and Altair 365,” says James Dagg, CTO at Altair. “This platform release vastly expands upon Inspire’s leading generative design and simulation capabilities to include manufacturing solutions for casting, metal forming, and extrusion processes with more to come in the future. Our goal is to make simulation-driven design a reality by continuing to place technology like Altair Inspire in the creative hands of all designers and engineers to drive innovation throughout the development process.” 

Altair Inspire is available through both Altair’s HyperWorks and solidThinking suite offerings.  To learn more about the Altair Inspire platform, visit www.altair.com/InspirePlatform to register for an upcoming introductory webinar or to contact a regional representative.

About Altair (Nasdaq: ALTR)

Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles.  Our broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for our customers. With more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates 71 offices throughout 24 countries. Altair serves more than 5,000 customers across broad industry segments. To learn more, please visit www.altair.com.

Altair Corporate / Americas / Asia Pacific Biba A. Bedi +1.248.614.2400 x 392 [e-mail]

Altair Europe/ the Middle East / AfricaEvelyn Gebhardt +49 6421 [e-mail]

Photos accompanying this announcement are available athttp://www.globenewswire.com/NewsRoom/AttachmentNg/e55ea23c-6d00-4d08-bf53-f2c3eaac0910

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