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Altair Announces Most Significant Software Update Release in Company History

Update release to all products expands available solutions for all user types to accelerate innovation

Troy, Mich. – June 3, 2020 – Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, today announced the most significant software update release in the company’s history. All of Altair’s software products have been updated with advancements in user experience and countless new features, including intuitive workflows that empower users to streamline product development, allowing customers to get to market faster.

The software update release expands on the number of solutions available for designers, engineers, data analysts, IT and HPC professionals, facility managers, and more to drive better decisions and accelerate the pace of innovation. It broadens the scope of the new user experience, enables access to more physics, data analytics, and machine learning, and makes the Altair software delivery method more flexible and accessible.

“Our teams are always driven to develop and provide access to a range of different technologies that enable our customers to break through complex problems, and explore and discover on their own terms,” said James Scapa, chairman, founder and chief executive officer of Altair. “This software update release is the largest collection of our applications for design, simulation, and data analytics.”

Some of the most notable highlights enhance and bring new capabilities to the needs aligned to the following applications:

Structures
Altair HyperWorksTM – new interface to Altair’s solution for high-fidelity computer-aided engineering (CAE) modeling and visualization, making learning easy and productivity high
• New subsystem entity for modular model configuration
Altair SimLabTM – fatigue optimization
Altair OptiStructTM – includes the addition of new explicit solution and expanded implicit non-linear solutions including 2D axisymmetry
Altair SimSolidTM – includes advanced 3D seam weld connections to further improve speed
Altair RadiossTM – employs a dramatic reduction in runtimes for virtual drop testing of electronics devices

Fluids and Thermal
HyperWorks CFD – provides engineers and experienced computational fluid dynamics (CFD) specialists with the most productive CFD pre- and post-processing capabilities to-date
Altair AcuSolveTM – GPU acceleration yields 3-4 times increased speed while also supporting nucleate boiling, radiation, condensation/evaporation and multiphase fluid-structure interaction (FSI)
Altair ultraFluidXTM – includes a new, more accurate wall model and overset grid technique
Altair nanoFluidXTM – is three times faster than the previous version

Industrial Design and Structures
Altair InspireTM integration of Altair SimSolidTM solver includes support and connector reaction forces, instantaneous reaction time modeling large PolyNURBS models, and improved geometry generation from optimization
Inspire Studio – advanced morphing of any geometry type

Manufacturing
• 3D printing simulation available in Inspire with new unit cell lattice generation

Electromagnetics and Multiphysics
SimLab – electric motor modeling and coupling with AcuSolve and Altair Flux™; accommodates ECAD file import (ODB++)
Altair FekoTM – provides a component library tightly integrated with CADFEKO
Altair FluxMotorTM now includes thermal and acoustics evaluation
Flux includes several enhancements including those for modeling iron losses and skew type motors

Systems Modeling
Altair ActivateTM – performs multi-physics system modeling with hardware-in-the-loop and Internet of Things (IoT) for digital twin development
• Integration of EDEM bulk material modeling with multibody dynamics simulation and hydraulics ideal for heavy equipment and agricultural applications
Altair MotionViewTM – has a two-wheeler vehicle dynamics library for motorcycles and scooters
Altair ComposeTM – OpenMatrix Language available in Jupyter Notebook
Altair EmbedTM – supports three additional target and two additional target families from ST Micro, VRTOS code modifications for MISRA compliance, and OpenCV DNN (Deep Neural Network) module integration

Data Analytics
• Recent release of Altair PanopticonTM – platform for user-driven monitoring of real-time data – includes major update of cloud-based deployment, enabling users to build, modify, and share custom-designed functions and content easily via standard web browsers; hotfix to enable deployment at Nomura
Altair Knowledge HubTM – improved messages for troubleshooting and robustness; security hardening; more flexible Windows deployment; deployment on Azure; transformations including continuous binning and lookup join (refactoring for performance) and more
Altair MonarchTM – user experience improvements; Excel trapping; PDF Engine 4.5; retheme; enhanced column list and more
Altair Knowledge StudioTM – new features including Keras model, model stacking, and pivot table; variable transformations node improvements with dataset and variable preview and re-ordering

Smart Product Development
Altair SmartWorksTM – major re-architecture of the edge orchestration and augmentation; ability to validate the edge application in real-time environments and deploy at scale

HPC and Cloud
Altair AccessTM – updated “work from home” features; more responsive 3D remote visualization; internationalization; better job resource charts; two-factor authentication and single sign-on; share support on mobile
Altair AcceleratorTM – EDA workload support on AWS (with Rapid Scaling), Microsoft Azure, and GCP; 10x faster for dynamic workloads; container improvements; REST query API; IPv6
Altair PBS Professional® – scalability improvements towards exascale; Cray Shasta support; container enhancements for converged AI+HPC workloads; better system maintenance support

All products are available through the Altair licensing model, making access to all Altair’s software broader and more flexible.

For more information, visit www.altair.com/2020.

Media Contacts

Press Inquiries

Corporate/Americas

Jennifer Ristic

corp-newsroom@altair.com

Europe/Middle East/Africa

Evelyn Gebhardt

emea-newsroom@altair.com

Asia Pacific

Man Wang

apac-newsroom@altair.com

Investor Relations

The Blueshirt Group

Monica Gould & Lindsay Savarese

ir@altair.com