Altair Launches Automotive Industry’s First Award Dedicated to Light-weighting

TRAVERSE CITY, Mich. – Aug. 6, 2012 – Altair<
http://www.altair.com> today announced
the automotive industry’s first award program created specifically to acknowledge
innovations in vehicle light-weighting, thereby improving fuel economy and
performance. Altair is a leading global provider of simulation technology and
engineering services<
http://www.altairproductdesign.com> to the world’s automakers
and their supply base, in addition to having significant presence in the aerospace,
consumer goods, energy and marine industries.

The inaugural Altair Enlighten Award (#AltairEnlighten), presented in collaboration
with the Center for Automotive Research (CAR<
http://www.cargroup.org>), will
recognize achievements in weight reduction across the automotive industry from
motorcycles to passenger cars, light-trucks to commercial vehicles and buses.
Achievements demonstrating the merits of a mixed material lightweighting solution
will be encouraged.

The award aligns with the goals of CAR’s Coalition for Automotive Lightweighting
Materials (CALM<
http://www.cargroup.org/?module=Page&sID=calm-main>) initiative. The
purpose of the CALM initiative is to support the cost-effective integration of mixed
materials to achieve significant reductions in vehicle mass through the
collaborative efforts of the material sectors and auto manufacturers. The award will
be open to original equipment manufacturers (OEMs), systems/parts suppliers and
materials suppliers from all automotive industry segments.

“Altair’s computer-aided engineering software solutions are employed across the
globe to optimize vehicles, systems and components for weight savings and improved
performance,” said Tony Norton, senior director of global automotive for Altair.
“Weight reduction can be combined with any fuel economy technology to increase
efficiency gains. Automakers and their supply base are striving to reduce material
usage and fuel consumption while improving vehicle performance and safety through
weight reduction techniques. The Altair Enlighten Award provides a platform to
showcase the success stories, allowing industry leaders to be recognized by their
peers and emphasizing the need to achieve the next level of light-weighting
technology.”

The objectives of the Altair Enlighten Award are to:

•       Honor the greatest achievements in weight saving each year
•       Inspire interest from policymakers, educators, students and the general
public in the environmental impact, technical depth and diversity of weight saving
innovations
•       Create further competition for new ideas within the industry
•       Provide an incentive to share technological advances

“By recognizing practical examples of lightweighting solutions, Altair’s Enlighten
Award will inspire innovation which will help manufacturers achieve aggressive fuel
economy targets established by the government,” said Dr. Jay Baron, president & CEO
of the Center for Automotive Research and director of CALM.

Manufacturers and suppliers interested in submitting a nomination will be able to
access additional information about the nomination process on the Altair
Enlighten<
http://www.altairenlighten.com> website Oct. 1, 2012. The purpose of
AltairEnlighten.com is to provide a global knowledge source for useful, informative
and inspirational content focused on minimizing the weight of products across
industries through innovative design techniques, materials technology and
manufacturing processes; improving industry best practices to respond to the
challenges of mass management and meeting fuel economy targets, both government and
competitive; and addressing increasing vehicle safety requirements. To allow sharing
of innovation to further this goal, while respecting the business and technical
confidentiality of all applications, designs submitted must be implemented on a
production vehicle produced between August 2012 and August 2013, with no
geographical restrictions.

Applications for the 2013 Altair Enlighten Award will be accepted from Nov. 1, 2012
to Jan. 31, 2013. Finalists will be interviewed in February and March 2013. Winners
will be announced in August 2013. The judging panel for the award will be formed
with industry and academic leaders as well as CAR and Altair representatives.

# # #

About CAR
The Center for Automotive Research is a non-profit organization based in Ann Arbor,
Mich. Its mission is to conduct research on significant issues related to the future
direction of the global automotive industry, organize and conduct forums of value to
the automotive community and foster industry relationships at every level. For more
information, visit the CAR website: www.cargroup.org<
http://www.cargroup.org>.

About Altair
Altair empowers client innovation and decision-making through technology that
optimizes the analysis, management and visualization of business and engineering
information. Privately held, with more than 1,500 employees, Altair has offices
throughout North America, South America, Europe and Asia/Pacific. With a 26-year
track record for high-end software for engineering and computing, enterprise
analytics solutions, and innovative product design and development, Altair
consistently delivers a competitive advantage to customers in a broad range of
industries. To learn more, please visit www.altair.com<
http://www.altair.com> and
www.simulatetoinnovate.com<
http://www.simulatetoinnovate.com>.

Additional Media Contact
Jenn Korail
Airfoil Public Relations for Altair
+1-248-304-1429

korail@airfoilpr.com<
mailto:korail@airfoilpr.com>



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