Fiat Group Extends Worldwide Corporate Agreement With MSC.Software to Improve Product Development With SimOffice and MSC.MasterKey

Leading European Automotive Manufacturers and Suppliers Broaden Agreement With MSC.Software to Improve Virtual Product Development Maturity and Reduce Design Time and Costs

SANTA ANA, Calif., April 13 -- MSC.Software Corp. , the leading global provider of simulation software and services today announced that Turin, Italy-based Fiat Group has signed a three year renewal of their worldwide corporate agreement with MSC.Software. With this corporate agreement, Fiat companies including FIAT Auto, Alfa Romeo, Ferrari, Maserati, Centro Ricerche Fiat, COMAU, IVECO, Case New Holland, Irisbus, ELASIS and Magneti Marelli will extend and promote the use of MSC.Software products in all of their product line engineering centers, which includes compact cars, sports cars, Formula 1 racing cars, trucks, buses and automotive components. Fiat's investment includes all of the products within MSC.Software's SimOffice software portfolio and is enabled through the MSC.MasterKey Licensing System, which gives Fiat engineers flexible access to MSC.Software's powerful simulation software portfolio.

"One of MSC.Software's most important initiatives is to ensure that our technology and service offerings meet the specific needs of our strategic customers like the FIAT group of companies," said Amir Mobayen, senior vice president, EMEA operations, MSC.Software. "We are very pleased that FIAT has chosen to expand their relationship with us and to take advantage of the MSC.MasterKey Licensing system as a vehicle to employ the SimOffice product line."

About the FIAT Group

Fiat is a huge industrial Group with more than one hundred years' experience in the motor vehicle field, designing, manufacturing and marketing cars, trucks, tractors, agricultural machinery, construction equipment, motor vehicle engines and components, and production systems.

The Group's manufacturing and service activities are carried out by Operating Sectors. The three major ones, which account for 70 percent of turnover, are Fiat Auto (cars), CNH Global (agricultural and construction machinery) and Iveco (commercial vehicles). In addition to the latter, the Ferrari and Maserati Group (luxury sports cars), Magneti Marelli (components), Comau (production systems), Teksid (metallurgical products), Business Solutions (services) and Itedi (publishing and communication). For more information please visit: http://www.fiatgroup.com/.

About MSC.Software Corporation

MSC.Software is the leading global provider of simulation software and services, that helps 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 1400 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.