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Altair Engineering Contributes Software to 28 Engineering Institutions

TROY, Mich., October 14, 2004 - Altair Engineering -- a global leader recognized for innovative product development, advanced engineering software and grid computing technology - continues to donate engineering software to key educational institutions across the globe, as part of the Partners for the Advancement of Collaborative Engineering Education (PACE). To date, PACE has contributed more than $2 billion in hardware, software, training, automotive parts, industry projects, and more to 28 key institutions around the world.



The PACE Partnership, which links General Motors, EDS, Sun Microsystems and UGS, integrates parametrics-based applications into the engineering, manufacturing, and design curricula of some of the most prestigious educational institutions in the world. The curriculum is designed to prepare the automotive lifecycle management team of the future by providing students experience with these game changing tools and technologies used in the industry.



As an official PACE contributor, Altair Engineering donates its Altair® HyperWorks® suite of industry-leading software to the partner universities. Altair® HyperWorks® - The Engineering Framework for Product Design is an integrated suite of Computer Aided Engineering (CAE) tools for product design, featuring modeling and visualization, analysis & optimization, design process automation and manufacturing process simulation.



"Altair recognizes the value that new graduates bring to the work force, and we remain committed to education and preparing for the future of our industry," said Jim Scapa, President and CEO, Altair Engineering. "The PACE program has already proven itself to be forward-thinking and innovative, and we look forward to continuing and even strengthening our partnership with these leading institutions."



Today 28 educational institutions are involved with the PACE program, including:



Canada
University of British Columbia
Dalhousie University
University of Toronto
University of Waterloo
Queen's University



China
Shanghai Jiao Tong University



Germany
Technische Universität Darmstadt



Mexico
Instituto Politecnico Nacional
ITESM - Toluca
ITESM - Estado de Mexico
ITESM - Monterrey
ITAM
Universidad Iberoamericana





Sweden
University of Trollhättan



United States
Brigham Young University
Kettering University
Massachusetts Institute of Technology
University of Michigan
Michigan State University
Michigan Technological University
University of Missouri - Rolla
Tuskegee University
Northwestern University
Prairie View A&M University
Purdue University
Virginia Tech University
Georgia Institute of Technology
Howard University




About Altair Engineering

Through product design consulting, advanced engineering software and high performance computing technologies, Altair Engineering increases innovation for clients around the globe. Founded in 1985 and privately held with offices throughout 11 countries, Altair's unparalleled knowledge and expertise in product development and manufacturing extend throughout North America, Europe and Asia. As the developer of Altair® HyperWorks® - The Engineering Framework for Product DesignTM, Altair is the leading provider of high-end, open CAE software solutions for modeling, visualization, optimization and process automation. The company’s grid computing software, PBS ProTM, is a workload management solution for high performance computing environments, LINUX clusters and desktop cycle harvesting that delivers an ROI within one year. For detailed information about Altair, visit www.altair.com


Michael Kidder

Altair Engineering, Inc.

(248) 614-2400, ext. 269

mkidder@altair.com

Colleen Kmiecik

Marx Layne & Co.

(248) 855-6777

ckmiecik@marxlayne.com