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Moldflow Announces Internet-based Plastics Xpert

19 June 2000

Latest Technology Allows Users to Locally or Remotely Monitor Plastic Injection Molding Production

    CHICAGO - Moldflow Corporation , the world's leader in process wide plastic solutions, announces Internet-based Moldflow Plastics Xpert technology for injection molding.

    Moldflow's MPX(TM) software allows machine operators to set-up, optimize, monitor, and control injection-molding processes directly at the machine site. iMPX takes this technology to the next level by running inside a web browser so that users can view production monitoring data in real time anytime and anywhere.

    The software, which is expected to ship in calendar Q3 2000, will offer capabilities in the areas of production monitoring to assess plant status, production summaries and part counts; scheduling of machines, jobs, operators, and maintenance; report and classification of downtime and scrap; report and chart statistical process control (SPC) data; as well as provide process limit violation alarms.

    Ken Welch, Moldflow's Vice-President of Marketing, says, "iMPX will become a molder's most valuable asset because it empowers companies to monitor production processes in plants around the corner or around the world. The ability to obtain real-time critical production data during production in remote locations is a giant step in gaining time to market."

    iMPX scenario

    An American-based consumer goods vendor uses injection molders throughout the world to manufacture parts. Using iMPX, the OEM can view the three regions of the world where plants are located and zoom in on 10 factories in Asia that are producing parts. iMPX allows the user to look more closely at one of the factories to view six work cells running the OEM's parts. The user sees that there are 10 different molding machines in each work cell. Finally, iMPX allows the user to go directly to one of the molding machines running part/mold "ABC" to see information such as the machine is in a production run of 20,000 pieces of which 7,563 have been molded with 12,437 left to mold. Other valuable information might include scrap rates, number and type of defects, SPC charts, and that the mold is scheduled for maintenance after an additional 2,437 cycles.

    NPE Expo attendees can see a demonstration of iMPX monitoring Ferromatik Milacron molding machines in Moldflow's booth No. 731 in McCormick's South Hall during the event June 19 - 23, 2000. Attendees can also see other Moldflow products and services including Moldflow Plastics Insight, Moldflow Plastics Advisers and www.plasticszone.com during NPE week.

    About Moldflow Corporation

    Moldflow is the world leader in plastic simulation software used by designers and manufacturers to produce optimal plastic parts. Customers such as BASF, Baxter, BMW, Compaq, Dow Chemical, DuPont, Ford, GE Plastics, Hewlett-Packard, Lego, Mazda, Monsanto, Nypro, Toshiba, Toyota, Samsung, Sun Microsystems, and many others use Moldflow technology to produce billions of injection molded parts each year. The automotive, aerospace, computer, consumer goods, and medical industries have incorporated Moldflow's easy to use, predictive applications throughout all phases of the injection molded plastic part design to manufacture processes to reduce product costs, accelerate time-to-market and optimize plastic part production.

    In 1997, Moldflow introduced the world's first solids-based design verification tool for plastics, Moldflow Part Adviser(R) (MPA(R)), for plastic part designers. In 2000, Moldflow launched www.plasticszone.com, the world's first e-business website for intelligent, predictive engineering for injection molded plastics. The site provides an array of products such as iMPA(TM), a fully functional electronic version of the award winning Moldflow Part Adviser product. Other world-class Moldflow products include Moldflow Mold Adviser(TM), Moldflow Plastics Insight(TM) (MPI(TM)), and Moldflow Plastics Xpert(TM) (MPX(TM)).

    Also in 2000, Moldflow successfully completed its initial public offering and acquired C-MOLD, a primary competitor. The company maintains its corporate headquarters in Lexington, MA. The company also maintains research and development facilities in Australia, the United Kingdom and the USA, as well as direct sales and marketing offices throughout the USA, Europe, and Asia. For more information about Moldflow and its products and services visit the web site at www.moldflow.com or call 781-674-0085; fax: 781-674-0267.

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

    Pursuant to the safe harbor provisions of the United States Private Securities Litigation Act of 1995, the Company notes that any statements contained in this press release that are not based on historical facts are forward looking statements. Such forward looking statements including statements regarding Moldflow's or management's intentions, hopes, beliefs, expectations, projections or plans for the future and include statements regarding Moldflow's market leadership in process wide plastics solutions; the anticipated shipment of iMPX in calendar Q3 2000; and the expected adoption of iMPX by molders worldwide. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include: market acceptance of our iMPX product, our ability to appropriately utilize our research and development spending on products that are required by the market; our ability to attract potential users of iMPX to our site, our ability to protect our proprietary technology; as well as other risks and uncertainties detailed from time to time in reports filed by Moldflow with the Securities and Exchange Commission, including the Company's Registration Statement on Form S-1 dated March 27, 2000 and the quarterly report on Form 10-Q for the quarter ended April 1, 2000.