TROY, Mich.--(BUSINESS WIRE)--Sept. 10, 2003--Altair Engineering Inc. will host its 2003 Optimization Technology Seminar on September 16th, 2003 at the St. John's Golf and Conference Center in Plymouth, Michigan. Leading manufacturers will present applications, techniques and strategies in structural optimization and CAE-based robust design methods to improve product design performance and reliability. This free seminar is open to Altair Engineering customers, engineering professionals and product manufacturers.

The seminar, exclusively sponsored by technology partner HP, will bring together over 200 engineering professionals and will focus on innovative applications of optimization methods and techniques in product design and development. Altair(R) HyperWorks(R) client technical presentations will highlight real-world applications and the significance of optimization technologies in a simulation-based product design and development process. The seminar will also include presentations and demonstrations by Altair and HP as they relate to designing for performance, robustness and reliability.

"Manufacturers globally are relying more heavily on CAE and optimization technology to improve product reliability and robustness -- resulting in an order of magnitude increase in computational workload. Our new Itanium architecture, market-leading position in high-performance computing and our partnership with Altair, an optimization technology leader, provides the CAE community with solution capabilities unrivaled in capability and performance," says Winston Prather, HP vice president -- high-performance technical computing

Presenting companies will include Alcoa, Altair Engineering, ArvinMeritor, DCX, Dofasco, Edison Welding Institute, Ford Motor Company, General Motors, Hewlett Packard, Honda R&D Americas and the Robert Bosch Corp.

For more information about registering for the seminar, visit http://www.altair.com/optimization.

About HP

HP (NYSE:HPQ) is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing for consumers, enterprises and small and medium businesses. For the last four quarters, HP revenue totaled $71.8 billion. More information about HP is available at http://www.hp.com.

About Altair Engineering

Through product design consulting, advanced engineering software and high performance computing technologies, Altair Engineering increases innovation for clients around the globe. Founded in 1985 and privately held with offices throughout 11 countries, Altair's unparalleled knowledge and expertise in product development and manufacturing extend throughout North America, Europe and Asia. As the developer of Altair(R) HyperWorks(R) - The Engineering Framework for Product Design(TM), Altair is the leading provider of high-end, open CAE software solutions for modeling, visualization, optimization and process automation. The company's grid computing software, PBS Pro(TM), is a workload management solution for high performance computing environments, LINUX clusters and desktop cycle harvesting that delivers an ROI within one year. For detailed information about Altair, visit http://www.altair.com.

CONTACT: Altair Engineering Inc.
             Michael Kidder, 248-614-2400, ext. 269
             or
             Marx Layne & Co.
             Barrett Kalellis, 248-855-6777
             810-599-3072, cell