ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MNS Msc.Software Corp

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Msc.Software Corp NYSE:MNS NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Wyle Labs Selects MSC.Software's MSC.MasterKey License to Improve Virtual Product Development

11/11/2004 2:00pm

PR Newswire (US)


Msc.Software (NYSE:MNS)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Msc.Software Charts.
Wyle Labs Selects MSC.Software's MSC.MasterKey License to Improve Virtual Product Development SANTA ANA, Calif., Nov. 11 /PRNewswire-FirstCall/ -- MSC.Software Corp. (NYSE:MNS), the leading global provider of virtual product development (VPD) products including simulation software and services, today announced that Wyle Laboratories has purchased an MSC.MasterKey Licensing System from MSC.Software for use in support of the Airborne Laser Program (ABL). "The diverse engineering services provided by Wyle Laboratories are a perfect example of the reasons why flexible software licensing is critical to product development programs with multiple contractors and in-house personnel located in different places," said Frank Perna, chairman and chief executive officer of MSC.Software. "By having engineers at different companies and locations working with the same tools, you can dramatically decrease the non- value-added time and cost of translating models and results and increase collaboration within the engineering teams. This is essential for distributed engineering programs like ABL. We are excited to be part of this program and to be working with the engineers at Wyle and the other contractors who are bringing this technology from the virtual world to the physical world." "We did an extensive trade study to determine our present and future analysis requirements and concluded that the MSC.MasterKey Licensing System would best fit our current and future requirements as well. The diverse and evolving engineering environment we operate in requires us to provide capabilities that are compatible with our various customers and their unique engineering requirements. The MSC.MasterKey Licensing System would allow us the flexibility to purchase additional capabilities at a later date as our requirements evolve without making any current capabilities obsolete," said Ricardo Reyes, Wyle Program Manager. The Airborne Laser program is a joint program with the Missile Defense Agency, the U.S. Air Force, and Boeing, Lockheed Martin and Northrop Grumman. Wyle is a subcontractor to Boeing providing general engineering services. The goal of the ABL program is to design the first directed energy combat aircraft, which relies on a megawatt-class laser weapon system carried on a specially configured 747-400F aircraft to autonomously detect, track and destroy hostile ballistic missiles. About MSC.MasterKey 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 MSC.MasterKey License System maximizes productivity and engineering budgets by providing full-range simulation capabilities and flexible product management. About Wyle Laboratories Wyle Laboratories, Inc., a privately held company, is a leader in providing testing, research and engineering services to commercial, industrial and government customers. The company also provides technical support services, life sciences, special test systems and other technical support services to the aerospace, defense, nuclear, communications and transportation industries. For more information, please visit http://www.wylelabs.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, Media Relations, +1-714-445-3066, , or investors, Joanne Keates, Director of Investor Relations, +1-323-259-4263, , both of MSC.Software Web site: http://www.wylelabs.com/ Web site: http://www.mscsoftware.com/

Copyright

1 Year Msc.Software Chart

1 Year Msc.Software Chart

1 Month Msc.Software Chart

1 Month Msc.Software Chart

Your Recent History

Delayed Upgrade Clock