BURLINGTON, Mass., Dec. 4, 2013 (GLOBE NEWSWIRE) -- Exa® Corporation (Nasdaq:EXA), a global innovator of fluids simulation solutions for product engineering, announced two Vice President appointments to support Exa's continued effort to accelerate deployment of its simulation solution suite and maintain its status as the premier provider for the ground transportation industry. In a newly created position of Vice President, Ground Transportation Applications, Dr. Ales Alajbegovic, will lead Exa's global ground transportation application management, systems modeling and optimization teams. At the same time, Exa has promoted Mr. Kazuhito Ishikawa to Vice President, Asia Sales. Mr. Ishikawa will manage Exa's Japan, Korea and China offices and oversee all sales and application engineering in those regions.

Exa has unified all ground transportation applications management functions into one worldwide team. This Ground Transportation Applications Team will be responsible for the development of application solutions and the deployment to customers of validated best practices, methodologies and processes. Dr. Ales Alajbegovic, already currently leading Exa's aerodynamics and thermal teams, has been promoted to this broader role due to his years of experience at Exa and other engineering simulation providers. Exa's CEO, Stephen Remondi remarked, "Ales has been key to our successful deep deployment of aero/thermal application solutions over the past few years and we look forward to continuing this drive with all of applications management now under his domain. Ales is highly respected industry-wide and integrating the aeroacoustics, and optimization groups with his aerodynamics and thermal management teams will help make our customers even more successful."

In order to provide regional sales coordination and integration across Exa's Asia offices, Mr. Kazu Ishikawa has been promoted to manage Exa's Korea and China sales in addition to Japan. "Our Asia business has been successful and grown each year. Under Kazu, we will integrate our already strong team in place in Korea with our developing team being built in China. We have every expectation that these markets will continue to expand and become an even more substantial part of Exa's global business," stated Stephen Remondi. "Kazu has built a solid team in Japan and has already developed some of our largest global customer accounts as Japan's Country Manager. As we continue to build our Asia business in this expansive region, I have confidence that Kazu's leadership will be effective and will continue to grow Asia's automotive, commercial vehicle and off highway business."

Stephen Remondi remarked, "We look forward to 2014 and the positive contributions that Ales and Kazu will offer as new members of our executive management team. These new appointments support Exa's continued effort to accelerate deployment of its simulation solution suite and maintain its status as the premier provider for the ground transportation industry."

About Exa Corporation

Exa Corporation develops, sells and supports simulation software and services to enhance product performance, reduce product development costs and improve the efficiency of design and engineering processes. Our simulation solutions enable our customers to gain crucial insights about design performance early in the design cycle, thus reducing the likelihood of expensive redesigns and late-stage engineering changes. As a result, our customers realize significant cost savings and fundamental improvements in their engineering development process. Our products include, PowerFLOW®, PowerDELTA®, PowerCLAY®, PowerVIZ®, PowerSPECTRUM®, PowerACOUSTICS®, PowerINSIGHT®, PowerCOOL® and PowerTHERM® along with professional engineering consulting services. A partial customer list includes: AGCO, BMW, Ford, Hyundai, Jaguar Land Rover, Kenworth, MAN, Nissan, Peterbilt, Renault, Scania, Toyota, Volkswagen, and Volvo Trucks.

Founded in 1991, the company is headquartered at 55 Network Drive, Burlington, MA, USA 01803. Tel: 1.781.564.0200; Fax: 1.781.564.0299; Email: info@exa.com; URL: www.exa.com; NASDAQ:EXA

Exa, PowerFLOW, PowerCLAY, PowerTHERM, PowerCOOL, PowerSPECTRUM, PowerDELTA, PowerVIZ, PowerACOUSTICS and PowerINSIGHT are registered trademarks of Exa Corporation. JT is a registered trademark of Siemens Product Lifecycle Management Software Inc. in the United States and/or other countries.

For more information about Exa Corporation
or images please contact:
Michelle Murray-Ross, Exa Corporation, 
1.781.564.0251; michelle@exa.com