May 21, 2007
Solid Edge V 20 Launched
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Jeff Rowe - Managing Editor

by Jeff Rowe - Contributing Editor
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Moldflow Corp. announced the results for its third quarter of fiscal 2007 and a revised corporate strategy which focuses on its CAE Design Analysis Solutions business. The Company also announced its intention to sell its Manufacturing Solutions division. Third quarter fiscal 2007 results from continuing operations, which are derived from the Company's Design Analysis Solutions division, include year-over-year growth in revenue, earnings and net income. In connection with the announcement of its intention to sell the Manufacturing Solutions division, the company has designated the division as an asset held-for-sale and the company's ongoing financial results will reflect the
classification of the Manufacturing Solutions division as discontinued operations. During the preparation of its financial statements for the third fiscal quarter, Moldflow determined that the goodwill associated with the Manufacturing Solutions division was impaired and recorded a non-cash charge of $10.2 million dollars in its third fiscal quarter, which is reflected as part of the net loss from discontinued operations.

MIT's Leaders for Manufacturing (LFM) Program has announced that five leading manufacturing/operations companies from the bio-tech, health sciences, aerospace, consumer goods, and defense sectors have joined the program as industry partners. They include
PerkinElmer; Amgen; Spirit AeroSystems; Pepsi Bottling Co.; and
General Dynamics Corp. These firms will join over 20 LFM member companies, including
Novartis, Cisco, Flextronics, and
American Axle, which joined in fall, 2006. LFM industry partners collaborate with MIT faculty, students, alumni and with each other to develop cutting-edge research and evolve LFM's prestigious two-year, dual degree graduate program. "The broadening of the types of industries that have become LFM partners since its creation in 1988 reflects the evolving role of manufacturing. In addition to automotive and defense, they now include bio-tech, pharmaceuticals, and contract manufacturing," said Don Rosenfield, director of the LFM Fellows Program.

MSC.Software Corp. announced financial results for the first quarter ended March 31, 2007. Total revenue for the first quarter ended March 31, 2007 was $57.6 million compared to $67.4 million for the first quarter last year. Software revenue for the first quarter totaled $23.0 million compared to $29.3 million for the first quarter last year. The 2006 first quarter included $1.3 million of non-recurring PLM software revenue. The PLM business was sold in March 2006. For the first quarter ended March 31, 2007, maintenance revenue totaled $28.7 million and services revenue totaled $5.9 million, compared to $27.6 million of maintenance revenue and $10.5 million of services
revenue for the first quarter last year. The 2006 quarter included $1.1 million of PLM services revenue.

Altair Engineering announced that the
Structural Engineering Group of Skidmore, Owings & Merrill LLP (SOM) has chosen Altair's
OptiStruct and other
HyperWorks tools to provide advanced optimization technology for the structural development of its landmark buildings. The HyperWorks framework, of which OptiStruct is a part, is an integrated suite of CAE tools for product design. HyperWorks OptiStruct is FEA-based software for conceptual design, analysis, and optimization. Using topology and topology optimization methods, OptiStruct enables engineers to develop reliable, structurally efficient designs from package space information in significantly less time than traditional methods. Especially when integrated early in the development process, OptiStruct's powerful solver intelligently predicts, validates and refines
designs that result in robust, innovative outcomes.

SolidWorks Corp. announced that SolidWorks is now the largest CAD implementation at
Tsinghua University, which is often described as "the MIT of China". The university plans to use 200 licenses of the software in its CAD education center. The others will be distributed throughout eight of the university's departments, available to students in eight departments including mechanical engineering, automotive engineering, and electromechanical engineering. The Tsinghua CAD education center will provide training and support for educators at other Chinese universities who want to take the Certified SolidWorks Professional (CSWP) examination. SolidWorks will also provide 200 licenses of SolidWorks Student Edition software so students can practice their 3D CAD
skills outside of the classroom.

Jeffrey Rowe is the editor of
MCADCafé and MCAD Weekly Review. He can be reached at
Email Contact or 408.850.9230.

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-- Jeff Rowe, Contributing Editor.


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