Altair Engineering's PBS Pro Grid Technology Accelerates Crash Analysis

TROY, Mich.--March 29, 2004--With the formal endorsement by Livermore Software Technology Corporation (LSTC) of Altair Engineering's PBS Pro(TM) workload management and e-Compute Grid Portal software, Altair Engineering continues its rapid rise in the Grid computing market space. "LSTC's endorsement underscores the sweeping adoption of PBS Pro and e-Compute in the manufacturing sector," said James R. Scapa, Chief Executive Officer of Altair Engineering. "Robust design initiatives are driving the need for more compute cycles for numerically intensive applications like LS-DYNA. PBS Pro cost-effectively manages this additional workload across enterprise computing infrastructures, while the e-Compute Grid Portal provides a consistent user interface which is tightly integrated with solver applications."

"LSTC has installed Altair's PBS Pro and e-Compute software internally and integrated this software with our LS-DYNA solver technology," said John Hallquist, President of LSTC. "The combination of LS-DYNA with PBS Pro and e-Compute allows LSTC to better utilize our compute infrastructure while also increasing the productivity of our development team."

About Livermore Software Technology Corporation

LSTC is the development source for the LS-DYNA finite element analysis software program and suite of related software. Known the world over for its accurate and rapid solutions to structural simulation problems, the LS-DYNA highly advanced multi-physics simulation code can solve a vast variety of problems, from bioprosthetic heart valve operation to auto crash and earthquake engineering. See www.lstc.com for information on LSTC's products.

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(R) HyperWorks(R) - The Engineering Framework for Product Design(TM), Altair is the leading provider of high-end, open CAE software solutions for modeling, visualization, optimization and process automation. Altair's Grid computing products include the PBS Pro(TM), workload management solution and the e-Compute Grid portal(TM). For detailed information on Altair, visit www.altair.com.