MSC.Software Announces Strategic Agreement With Livermore Software Technology Group to Expand Position Within Virtual Product Development Market

LS-DYNA, the Industry's Leading Crash Simulation Software, Will Now Be Embedded Within MSC.Software Products Giving Customers Increased Functionality For Crash, Occupant Safety, and Noise, Vibration, and Harshness (NVH)

SANTA ANA, Calif., July 29 /PRNewswire-FirstCall/ -- MSC.Software Corp. , the leading global provider of virtual product development (VPD) products including simulation software and services, and Livermore Software Technology Corp. (LSTC) today announced an agreement to co-develop LSTC's flagship product, LS-DYNA and to embed LS-DYNA within MSC.Software core solvers including MSC.Nastran 2004, MSC.Dytran and MSC.Marc. LS-DYNA is a general-purpose finite element program, which simulates complex engineering situations. It is widely recognized as the world's leading analysis tool for simulating automotive crashes and other high-speed interactions.

"Manufacturing companies are challenged to find ways to bring new, innovative products to market in less time without relying on building and testing many physical prototypes to ensure product performance," said Frank Perna, chairman and chief executive officer of MSC.Software. "These companies are rapidly moving toward a Virtual Product Development environment that relies on simulation models to virtually determine product behavior and performance at all phases of the development cycle. Product development engineers don't want to piece together software tools to help them meet their requirements. They want one trusted partner to provide integrated technology solutions. Our new agreement with LSTC gives MSC.Software customers the best portfolio of tools for simulating stress, durability, crash, occupant safety, and NVH. We are committed to being the go-to provider for all VPD simulation technologies."

"The combination of LS-DYNA and MSC.Software products will greatly expand the scope and complexity of problems that can be solved by MSC.Software customers. The combined software will enable MSC.Software customers to obtain scalable solutions for problems in transient dynamics, which include crash and drop testing, and will utilize distributed memory computers running under Linux, Unix, and Window operating systems," said John O. Hallquist, President, LSTC.

The combination of LS-DYNA and the MSC.Software product portfolio gives manufacturers the ability to combine complementary types of computer simulation including stress and fatigue analysis, NVH, crash and high speed interactions, occupant safety and many others. The first MSC.Software products that will be embedded with LS-DYNA are MSC.Dytran, MSC.Software's proprietary crash software which is used extensively in the automotive industry to test occupant restraints and airbags, and MSC.Nastran 2004, the world's leading simulation and finite element analysis (FEA) product used by manufacturers around the world to simulate loads, stresses, and vibrations of mechanical systems and components. The first MSC.Software products to include LS-DYNA technology will be available in late Q4 of 2003.

For more information about LS-DYNA, please visit http://www.lstc.com/ or http://www.mscsoftware.com/products.

About LSTC

Livermore Software Technology Corporation (LSTC) develops LS-DYNA and a suite of related and supporting engineering software products. LSTC was incorporated in 1987 to commercialize the public domain, DYNA3D, program as LS-DYNA. DYNA3D was developed at the Lawrence Livermore National Laboratory, by the founder, John O. Hallquist. Today a large team of engineers, mathematicians, and scientists develops LS-DYNA, LS-PREPOST, and LS-OPT. For more information on LSTC, please visit http://www.lstc.com/.

About MSC.Software Corporation

MSC.Software (NYSE: MNS) is the leading global provider of virtual product development tools 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 1400 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.

CONTACT: press, Todd Evans, Corporate Communications, +1-714-445-3066,
Email Contact; or investors, Joanne Keates, Director of Investor
Relations, +1-323-259-4263, Email Contact, both of
MSC.Software Corp.

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

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

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




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