The Council on Competitiveness is the nation's leading organization of CEOs, university presidents, and labor leaders committed to ensuring the future prosperity of all Americans through enhanced U.S. competitiveness in the global economy and the creation of high-value economic activity in the United States.
MSC.Software has worked throughout the years to extend the boundaries of high performance simulation with their MD Nastran solution, the most powerful and widely used simulation software in the world, on a wide variety of platforms from supercomputing systems to computing cluster servers comprised of hundreds of low cost computers.
Participating in the Council's High Performance Computing Initiative, MSC.Software will join the national "brain trust" of industrial HPC users, universities, computer hardware and software vendors, and federal agencies/national laboratories that use and fund development of HPC, to gain insights into how the private sector currently uses advanced computing capabilities.
The goals of the HPC initiative are to analyze the economic rationale for sustaining U.S. leadership in HPC, especially the impact on manufacturing, services, business, and state-of-the-art research capabilities; identify key private sector HPC application needs and priorities; identify workforce education and training needs to more effectively integrate HPC in the private sector; and foster public-private sector partnerships to better leverage resources and expertise to help overcome barriers to more widespread private sector usage.
"As a company, we are excited to be a part of this initiative that is intended to stimulate and facilitate wider usage of HPC across the private sector," said Bill Weyand, chairman and chief executive officer of MSC.Software. "As we work to greatly increase productivity and innovation for our customers, it is an honor to join with other thought leaders across the country to advance high performance computing and overall competitive advantage."
"MSC.Software is a valued addition to the Council's work with HPC initiatives, bringing a wealth of experience to the table to help us achieve our goals," said Deborah L. Wince-Smith, president of the Council on Competitiveness. "As we work together to ensure American prosperity and high- value economic activity in the United States, we look forward to MSC.Software's contribution to our HPC project, as well as their proven technology acumen, to be a valued asset for our initiative and organization."
More information on MSC.Software and their work in high performance simulation can be found at www.mscsoftware.com.
About the Council on Competitiveness
The Council on Competitiveness is the only group of corporate CEOs, university presidents, and labor leaders committed to ensuring the future prosperity of all Americans through enhanced U.S. competitiveness in the global economy and the creation of high-value economic activity in the United States. The Council is available on the web at www.compete.org.
About MSC.Software Corporation
MSC.Software (NASDAQ: MSCS) is the global leader of enterprise simulation solutions, that help 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 1100 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.
Safe Harbor Language
This press release contains forward-looking statements, including all statements relating to the features, benefits, capabilities and performance of MSC.Software products. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, changes in technology, the end-user computing and analysis environment, implementation and support that meet evolving customer requirements, general industry trends and the impact of competitive products.
Furthermore, information provided herein, which is not historical in nature, are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward- looking statements are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
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