MSC.Software Announces Note Conversion

SANTA ANA, Calif., June 19 /PRNewswire-FirstCall/ -- MSC.Software Corp. (OTC: MNSC), the leading global provider of enterprise simulation solutions, announced today that all of its outstanding 2 1/2% Senior Subordinated Convertible Notes due 2008 had been converted to common stock. As of the redemption date of June 16, 2006, 100% of the outstanding $100 million of convertible notes have been converted into 11,743,957 shares of MSC common stock. The total amount of MSC common shares currently outstanding, including the shares issued in conversion, is 42,687,808 shares.

About MSC.Software Corporation

MSC.Software (OTC: MNSC) is a leading global provider of enterprise simulation solutions, including 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 1200 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.

The MSC.Software Corporate Logo, MSC, Adams, Dytran, Easy5, Marc, MD Nastran, MSC.Nastran, Patran and Sofy are trademarks or registered trademarks of MSC.Software Corporation in the USA and/or other countries. NASTRAN is a registered trademark of NASA. All other trademarks belong to their respective owners.

     Investor Contact:
     Joanne Keates
     Vice President, Investor Relations
     MSC.Software
     (714) 444-8551
     
Email Contact

CONTACT: Joanne Keates, Vice President, Investor Relations of
MSC.Software, +1-714-444-8551, Email Contact

Web site: http://www.mscsoftware.com/




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