Altair Engineering Opens New Vehicle Development Laboratory in World Headquarters

TROY, Mich.--Aug. 2, 20046, 2004--Continuing its industry leading efforts to support the needs of valued customers, Troy, Mich.-based Altair Engineering has announced the opening of a new, 10,000 sq. ft. vehicle development laboratory in the company's World Headquarters building.

According to David Mason, Altair's Michigan Regional Managing Director, "The new laboratory gives us a greater capacity, nearer to DCX and GM and Tier-1 suppliers in the area. The increased capacity allows us to support the fabrication and assembly needs of our customers."

Equipped with vehicle hoists, surface plates and a machine shop, the 10,000 sq. ft. facility is capable of supporting system and full-vehicle development, extending Altair's development capabilities beyond its existing Allen Park engineering center. The 8,400 sq. ft. Allen Park development laboratory is equipped with a vehicle alignment machine and suspension development facilities.

"We will continue to operate the Allen Park facility," Mason said. "The new Troy laboratory represents an extension both in our capacity and our ability to support customers who are geographically located closer to our Troy office. The new facility more than doubles our vehicle development capabilities."

The vehicle development facility will be used for model and prototype build, custom component fabrication, test fixture build and test instrumentation.

About Altair Engineering

Through product design consulting, advanced engineering software and grid 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. The company's grid computing software, PBS Pro(TM), is a workload management solution for high performance computing environments, LINUX clusters and desktop cycle harvesting that delivers an ROI within one year. For detailed information on Altair, visit www.altair.com.