SANTA ANA, Calif., Jan. 26, 2009 (GLOBE NEWSWIRE) -- MSC.Software (Nasdaq:MSCS), a leading global provider of enterprise simulation solutions, including simulation software and services, announced today that it has been selected by EADS as major partner for Virtual Product Development (VPD) solutions across all EADS business divisions as part of the EADS PHENIX initiative. PHENIX is an EADS group-wide strategic initiative launched in 2007 to achieve harmonization and standardization of enterprise Product Lifecycle Management (PLM) methods, processes and tools across business units. A new partnership agreement was signed between Jean Botti, the EADS Chief Technical Officer and Bill Weyand the MSC.Software CEO on December 18th, 2008.
This harmonization will result in improved communications between EADS divisions, reduced time-to-market and increased overall product quality. EADS has selected MSC.Software as major partner for building up its multidisciplinary simulation backbone strategy. MSC.Software's SimEnterprise product suite, including MD Nastran as well as SimXpert and SimManager are candidates for EADS' common solution for future product development. SimXpert provides a unified, template-enabled multi-discipline user environment and SimManager delivers seamlessly integrated industrial simulation process and content management to streamline the product development process, reduce costs, and improve product quality.
"This approach will improve the global collaboration between the Divisions and among specialists within EADS as an extended enterprise. MSC.Software is becoming major provider for mechanical simulation and key partner to prepare multidisciplinary solutions for future virtual product development. It is an important milestone for the EADS cross-divisional PHENIX program and globally for harmonization of PLM methods, processes and tools between the operational units," said Jean -Yves Mondon, Head of the PHENIX program at EADS.
"EADS will benefit tremendously from this new strategic partnership and from the creation of a standardized virtual product development environment for simulation, which leads to more innovation, reduced time-to-market, improved product quality and cost savings," said Jean Botti, Chief Technical Officer.
"We are so pleased that MSC.Software has been selected as major partner for building up the EADS PHENIX enterprise virtual product development solution," said Bill Weyand, chief executive officer, MSC.Software. "This strategic partnership underscores MSC.Software's strength in the virtual product development industry and we look forward to a continued partnership with EADS to further their advancements in achieving a standardized simulation environment."
About EADS
EADS is a global leader in aerospace, defense and related services. In 2007, EADS generated revenues of EUR 39.1 billion and employed a workforce of about 116,000. The Group includes the world leading aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane and M51 to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA.
About MSC.Software Corporation
MSC.Software (Nasdaq:MSCS) is a global leader of enterprise simulation solutions, that help companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1000 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.
Safe Harbor Language
This press release contains forward-looking statements, including statements relating to the features, benefits, capabilities and/or performance of MSC.Software products and services. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, changes in technology, the end-user computing and analysis environment, implementation and support that meet evolving customer requirements, general industry trends and the impact of competitive products. Furthermore, information provided herein, which is not historical in nature, are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
The MSC.Software corporate logo, Adams, Dytran, Easy5, Laminate Modeler, Marc, MD Adams, MD Nastran, MD Patran, Mentat, MSC, MSC MasterKey, MSC Nastran, Mvision, Patran, SimDesigner, SimEnterprise, SimManager, SimOffice, SimTemplate, SimXpert and Sofy are trademarks or registered trademarks of the MSC.Software Corporation in the United States and/or other countries. NASTRAN is a registered trademark of NASA. All other trademarks belong to their respective owners.