Moldflow Reports First Quarter Fiscal 2008 Results

                         Moldflow Corporation
  Reconciliation of Net Income from continuing operations to EBITDA
                            (in thousands)

                                                       Guidance
                                                      Year Ended
                                   Year Ended       June 30, 2008
                                  ------------- ----------------------
                                  June 30, 2007     High        Low
                                  ------------- ------------- --------

EBITDA is calculated as follows:

    Net income from continuing
     operations - GAAP basis      $      8,549  $     10,050  $ 9,450
    Share-based compensation             1,930         1,800    1,800
    Depreciation and amortization
     expenses                            1,977         2,400    2,400
    Tax provision                        2,187         3,350    3,150
    Interest income                     (3,250)       (3,925)  (3,925)
                                  ------------- ------------- --------
    EBITDA                        $     11,393  $     13,675  $12,875
                                  ============= ============= ========





                                      Three Months Ended
                                  September 30, September 30,
                                      2007          2006
                                  ---------------------------

EBITDA is calculated as follows:

    Net income from continuing
     operations - GAAP basis      $      1,532  $      1,617
    Share-based compensation               520           350
    Depreciation and amortization
     expenses                              436           486
    Tax provision (benefit)                373          (158)
    Interest income                     (1,046)         (783)
                                  ------------- -------------
    EBITDA                        $      1,815  $      1,512
                                  ============= =============


Contact:

Investor relations:
Moldflow Corporation
Dawn Soucier, 508-358-5848 x234
Email Contact



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