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Altair Opens HyperWorks Software Platform to Third-Party Applications

Customers Gain Access to 15 New Third-Party Applications with Zero Incremental Cost

TROY, MI (May 21, 2008) – Altair today announced its industry-leading HyperWorks platform for enterprise analytics has been opened to third-party applications, all of which are available to customers under its revolutionary on-demand software licensing system. Six leading independent software vendors (ISVs) have already joined the HyperWorks Partner Solutions Program, which enables customers to operate 15 new third-party applications for zero incremental cost utilizing their existing HyperWorks licenses.

“The HyperWorks Partner Solutions Program represents a major step towards diversifying Altair’s ecosystem of technology partners,” said Michael Humphrey, Vice President of Partner Programs for Altair. “It delivers increased value to our mutual customers and establishes HyperWorks as an innovation platform across multiple vertical markets worldwide.”

“Nissan Motor Company has been a long-time user of Altair products and has been satisfied with their services, which are expanding. I believe we will be able to realize many benefits now that the HyperWorks platform represents one source for many of the enterprise analytic solutions,” said Kazuhiro Iijima, Manager of the Engineering IS Department for Nissan. “By having one licensing system to access multiple applications, we expect to achieve higher software utilization, leading to a higher ROI, which also means we can be more productive while actually saving cost.”

HyperWorks is a suite of enterprise analytic applications that includes statistical, database, visualization and simulation software to help companies make better business decisions. Altair is extending the HyperWorks Platform from 28 internally developed solutions to 43 with the addition of new ISV applications. Customers may utilize their existing HyperWorks software licenses to operate all applications, increasing flexibility and the value of their investment.

“A comprehensive virtual validation of all vehicle functions requires the use of various software tools,” said Dr. Uwe Baake, Director CAE Commercial Vehicles, Daimler AG. “Thus, Altair's partnership with other tool providers and their inclusion in Altair's licensing system meets the future needs of Daimler Commercial Vehicles.”

HyperWorks uses a patented on-demand computing licensing technology allowing users to transparently share software licenses globally across a broad suite of applications.

“EMSS is pleased to be an inaugural partner in the HyperWorks Partner Solutions Program” said Ulrich Jakobus, FEKO Product Manager at EMSS. “Manufacturing companies are including more electrical components into their products increasing the demand for electromagnetic simulations and visualizations with our FEKO software. EMSS plans to leverage the global Altair sales team to expand market share and accelerate recurring revenues through participation in this program.”

Third-party applications already available through the HyperWorks Partner Solutions Program:
  • ECS-MAGNA Powertrain’s FEMFAT – Fatigue/Durability suite
  • EMSS’s FEKO – Electromagnetics suite
  • HiQube’s HiQube – Business intelligence & analytics suite
  • METACOMP’s MIME, CFD++ and CAA++ – CFD suite
  • nCode’s DesignLife – Fatigue/Durability analysis suite
  • Software Cradle’s SC/Tetra – CFD suite

KEY CUSTOMER BENEFITS
  • On-demand access to a growing number of enterprise analytic applications (40+ software titles)
  • Reduced cost for applications with low or infrequent usage patterns
  • Increased productivity through accelerated access to innovative software technology
  • Ability to evaluate new applications with zero incremental cost & no long-term commitment
  • Ease of deployment and management for IT and purchasing departments with one platform, one licensing system and one vendor


KEY PARTNER BENEFITS
  • Provides a new channel for software distribution as ISVs provided an automatic entry to Altair’s 3,800+ enterprise customers
  • Shortened sales cycles, customers can start using without incremental investment
  • Simplified software deployment, by leveraging existing license infrastructure



About Altair

Altair empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of information. Privately held with more than 1,400 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record of profitable growth and innovation, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.



About the HyperWorks Partner Solutions Program

HyperWorks uses a subscription-based software licensing model, where software licenses float across the enterprise, and customers can use floating licenses to access a broad suite of Altair developed and third party software applications. Customers benefit from unmatched flexibility and access, resulting in maximum software utilization, productivity and ROI. For more information about the HyperWorks Partner Solutions Program, visit www.hyperworkscommunity.com.
Press Contact:
Brad Rutledge
801-824-6218
brad@rutledgeconsultinggroup.com
Company Contact:
Antoine Poussier
+1-248-321-6500
antoinep@altair.com

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