Levi & Korsinsky, LLP Announces Class Action Lawsuit Against MSC.Software Corporation - MSCS

  Levi & Korsinsky announces that a class action
lawsuit has been filed in the Superior Court of the State of California
challenging the proposed acquisition of MSC.Software Corporation
("MSC.Software" or the "Company") (NASDAQ: MSCS). The complaint arises out
of an announcement by MSC.Software stating that it had entered into a
definitive merger agreement with Symphony Technology Group and Elliott
Management Corp. Under the terms of the agreement, MSC.Software
shareholders will receive $7.63 in cash for each share of MSC.Software they
own for a total transaction value of approximately $360 million.

The price is unfair given that (i) the Company's shares traded at $7.73 as recently as June 1, 2009 and over $10.70 per share in the fourth quarter of 2008; (ii) the Company has $149 million in cash (or $3.27 per share) with no debt and a book value in excess of $7.00 per share; and (iii) analysts set a median price target for MSC.Software stock at $8.75 per share with a high target of $10.00 per share.

The companies expect to consummate the transaction in the third quarter, subject to customary closing conditions, including all necessary regulatory and stockholder approvals.

If you own common stock in MSC.Software and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/mscs1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 15th Floor New York, NY 10004 Tel: [phone] Fax: [phone] www.zlk.com