The New York Times article focuses on the time-to-market and right-to- market challenges that auto manufacturers face, most specifically with rising fuel prices and the trend to smaller car designs. The article recognizes the tremendous role that simulation software plays in helping manufacturers meet these challenges in saying "Automakers are willing to invest in this technology to bring products to market more quickly."
"We are excited to see the role that simulation plays in crucial manufacturing decisions highlighted by such an important publication," said Bill Weyand, Chief Executive Officer, MSC.Software. "MSC.Software has long been recognized as the leader in simulation and more recently, the pioneers in enterprise simulation solutions. We are always proud to see one of our team members called upon for their expertise and rich history in the virtual product development space."
To read the article in its entirety, please visit: http://www.mscsoftware.com/press/pdf/NYTArticle.pdf. "From The New York Times on the Web (C) The New York Times Company. Reprinted with Permission."
About MSC.Software Corporation
MSC.Software Corporation (NASDAQ: MSCS) is a leading global provider of enterprise simulation solutions including simulation software and services 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 and services. MSC.Software employs more than 1,100 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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