Msc.Software (NYSE:MNS)
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ABB Upgrades to MSC.Software's MasterKey License System for
Virtual Product Development
Leading Power and Automation Technology Company Upgrades to MasterKey License
in Sweden and Switzerland.
SANTA ANA, Calif., May 5 /PRNewswire-FirstCall/ -- MSC.Software Corp. , the
leading global provider of virtual product development (VPD) products including
simulation software and services, today announced that ABB, a worldwide leader
in the development and manufacture of power and automation technologies, has
adopted the MasterKey license system at their two main research and development
centers in Sweden and Switzerland. With this transition, ABB will extend their
use of MSC.Software's VPD tools from only MSC.ADAMS to include MSC.Patran,
MSC.Marc and MSC.Fatigue for research and development of air-insulated
switchgears and high voltage power equipment.
"One of the things MSC.Software is very focused on is executing our account
penetration strategy and ensuring that we merchandize the value of the
MasterKey system within our largest customers who have multi-national product
development organizations," said Frank Perna, chairman and chief executive
officer of MSC.Software. "Our large strategic accounts may have as many as 100
different development sites and organizations but only some of them are
actually utilizing MSC.Software products to their fullest extent. We are
seeing an excellent pull within our customer base of one development group
talking to another and recommending they move to a MasterKey system and we are
working hard to turn these recommendations into revenue."
"We have been using MSC.ADAMS for a long time, and have always been extremely
satisfied with it," said Dan Windmar R&D manager for air-insulted switchgears
at ABB Sweden. "Today we definitely see a need to increase virtual development
activities. Since not all of our MSC.ADAMS licenses were fully used at all
times, we realized that the MasterKey license system gives us the possibility
to use MSC.ADAMS when ever we need it, plus to extend our virtual product
development activities to other CAE-tools. Seeing that it worked well for us at
ABB Sweden, we suggested it to our colleagues in Switzerland who we are working
with closely. With the implementation of the new tools I expect to see a
further improvement of our products, quicker answers on whether a planned
design will work or not, and thus a shorter time to market for our products."
The MSC.Software MasterKey license system (formerly known as VDP Campus License
System), gives engineers the possibility to choose from more then 250
market-leading software packages available today. With those software tools
engineers may assess the complete functional performance of their products,
from strength and durability characteristics to motion and controls, vibration
and acoustics, thermal effects, and more, without having to purchase individual
product licenses. Tailored to the unique environment of every customer, the
MasterKey License System maximizes productivity and engineering budgets by
providing full-range simulation capabilities and flexible product management.
About ABB
ABB is a leader in power and automation technologies that enable utility and
industry customers to improve performance while lowering environmental impact.
The ABB Group of companies operates in around 100 countries and employs about
120,000 people.
For more information on ABB please visit http://www.abb.com/.
About MSC.Software Corporation
MSC.Software (NYSE:MNS) is the leading global provider of simulation software
and services, that helps 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 1400 people in 23 countries. For
additional information about MSC.Software's products and services, please visit
http://www.mscsoftware.com/.
DATASOURCE: MSC.Software Corp.
CONTACT: Press - Todd Evans of Media Relations, +1-714-445-3066,
, or Evelyn Gebhardt, Media Relations-EMEA,
+39-011-5151840, , or Investors - Joanne
Keates, Director of Investor Relations, +1-323-259-4263,
, all of MSC.Software
Web site: http://www.mscsoftware.com/
http://www.abb.com/