Meccanotecnica Codognese Invests in Moldflow Plastics Insight and Moldflow Plastics Xpert

    WAYLAND, Mass.--April 20, 2001--Moldflow Corporation , the world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced that Meccanotecnica Codognese S.p.A., an Italian automotive parts and electrical systems manufacturer, has made a significant investment in the Moldflow Plastics Insight(TM) (MPI(TM)) suite of software and the Moldflow Plastics Xpert(TM) (MPX(TM)) system for production set-up and optimization.
    The order is valued at approximately $120,000 and will ship during Moldflow's fourth fiscal quarter.

    About Moldflow Corporation

    Moldflow is the world leader in process-wide solutions for optimizing the design and manufacture of plastic products. Moldflow's complete suite of software products provide the tools that allow companies to address plastic part design and manufacturing issues at the earliest possible stage to eliminate problems and costly downtime on the manufacturing floor. As the plastics product design and manufacturing industry becomes increasingly competitive, Moldflow continues to provide solutions that help our customers maximize productivity and profitability. Moldflow has employees worldwide and maintains its corporate headquarters in Wayland, MA. The company has research and development facilities in Australia, the United Kingdom, Wilsonville, OR and Ithaca, NY, material testing laboratories in Australia and Ithaca, NY and direct sales and marketing offices throughout the US, Europe and the Pacific Rim. For more information about Moldflow call 508-358-5848; fax: 508-358-5868.

    Note to editors: Moldflow, Moldflow Plastics Insight, MPI, Moldflow Plastics Xpert and MPX are trademarks or registered trademarks of Moldflow Corporation or its subsidiaries worldwide. All other trademarks are properties of their respective holders.

    Except for the historical information contained herein, matters discussed in this press release may constitute forward-looking statements, as defined under the Private Securities Litigation Reform of 1995, that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include Moldflow's ability to continue to anticipate and respond to customer requirements and to deliver products that meet those requirements and the risk that the announcement of any particular sales order is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period, together with such other risks and uncertainties as are detailed from time to time in reports filed with the Securities and Exchange Commission, including our Final Prospectus dated December 12, 2000 and our subsequent quarterly and annual filings.