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MNS Msc.Software Corp

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Share Name Share Symbol Market Type
Msc.Software Corp NYSE:MNS NYSE Ordinary Share
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Avio Invests in MSC.MasterKey System to Improve Product Development Process

16/11/2004 2:01pm

PR Newswire (US)


Msc.Software (NYSE:MNS)
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Avio Invests in MSC.MasterKey System to Improve Product Development Process Largest Italian Aerospace Supplier Invests $640,000 in MSC.MasterKey Licensing System SANTA ANA, Calif., Nov. 16 /PRNewswire/ -- MSC.Software Corp. (NYSE:MNS), the leading global provider of virtual product development (VPD) products including simulation software and services, today announced that Avio, one of the largest Italian aerospace companies and a world leader in mechanical transmissions, has invested in MSC.Software's MSC.MasterKey License System for the design and development of modules and components for military aircraft, commercial aircraft and helicopter propulsion systems. Under the MSC.MasterKey License System, Avio will expand their use of MSC.Software's SimOffice products by integrating new tools into their product development process including MSC.Patran, MSC.Nastran, MSC.Patran Thermal, MSC.Marc DMP, MSC.Robust Design, MSC.Enterprise MVision, MSC.ADAMS, MSC.GS Mesher and MSC.SimManager. "The growth in the CAE market will be driven in large part by those companies who are maturing their product development processes and making investments in technologies and Avio is an excellent example of that kind of company," says Frank Perna, chairman and chief executive officer of MSC.Software. "The MSC.MasterKey licensing system is gaining real traction in the aerospace market and is an excellent way for suppliers to easily and cost-effectively incorporate new technologies into their product development processes. We are pleased that our long time relationship with Avio has resulted in this new contract and we look forward to working closely with Avio engineers in the future." "The MSC.Master.Key System was the answer to our software expansion problems. We have been using MSC.Software tools for a long time, but due to company standards never had the possibility to implement a more flexible solution," says Emilio Ferrari, responsible for advanced technology implementation at Avio. "Now, under the MSC.Masterkey System, we are able to easily access new VPD technologies and can be more competitive through a wider and more mature usage of VPD solutions. MSC.MasterKey leverages our development processes, and we expect to realize cost and time-savings in line with our product competitiveness needs. We have implemented a baseline for tokens and intend to grow the token pool in the near future. " About Avio Established in 1908, Avio is a leading Italian aerospace company with four major lines in business: modules and components for military and civil aircraft and helicopter propulsion systems, MR&O and Services for military and civil aircraft and helicopter propulsion systems, Space propulsion and tactical propulsion systems, and Jet Derivative engines and Automation system for naval and industrial applications. Avio cooperates with other engine manufacturers like General Electrics, Volvo Aero, Rolls Royce, Snecma and MTU. Headquartered in Torino, Italy, the company is present with 10 manufacturing facilities in Italy, Poland, USA and French Guyana and employs more than 4830 people. In 2003, Avio had a turnover of euro 1,273m, thus confirming a constant growth in the creation of value. For more information please see http://www.aviogroup.it/. 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 CONTACT: Press, Todd Evans, Media Relations, +1-714-445-3066, , or Evelyn Gebhardt, Media Relations-EMEA, +49-6421-951323, , or Investors, Joanne Keates, Director of Investor Relations, +1-323-259-4263, , all of MSC.Software Web site: http://www.aviogroup.it/ Web site: http://www.mscsoftware.com/

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