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Moldflow Partners With Ferromatik Milacron to Integrate Moldflow Plastics Xpert With Milacron's XTREEM NT Injection Molding Machine Controller

19 June 2000

Moldflow Partners With Ferromatik Milacron to Integrate Moldflow Plastics Xpert With Milacron's XTREEM NT Injection Molding Machine Controller

    CHICAGO - Moldflow Corporation , the world's leader in process wide plastic solutions, and Ferromatik Milacron , the world's second largest maker of plastics injection molding machinery, jointly announce breakthrough technology for plastics injection molders.

    The companies have agreed to integrate Moldflow's innovative Moldflow Plastics Xpert(TM) (MPX(TM)) software so that it can be offered as an option on Ferromatik Milacron's XTREEM(TM) NT injection molding machine controllers. MPX closes the loop between design and manufacturing and allows molding machine operators to quickly optimize machine set-up and monitor and correct the molding process during production.

    "The direct benefit of integrating MPX with Ferromatik Milacron's XTREEM NT controller is elimination of the need for companies to invest in additional hardware in order to reap the benefits of MPX technology," says Marc Dulude, Moldflow's president and CEO. "Partnering with one of the world's leaders in injection molding machinery means customers benefit from the best of both worlds."

    The agreement demonstrates both organizations' commitment to standardizing hardware, software, and network connectivity on the factory floor. The XTREEM NT line of controllers utilizes Windows NT-based PCs operating directly on Ferromatik Milacron's molding machines that can be connected via Ethernet to facilitate greater productivity and enhanced efficiency. Milacron customers can also retrofit the XTREEM NT controller on existing injection molding machines to take advantage of the available productivity increases.

    "Manufacturers are increasingly facing tougher and tougher time to market issues," adds Robert J. Strickley, Vice-President of Sales, Ferromatik Milacron North America. "We believe the integration of MPX with our state of the art machine controller will help companies remain competitive and successful. It makes good sense to provide solutions that help streamline processes and eliminate time consuming tasks that slow production."

    NPE attendees can view MPX running on Ferromatik Milacron's injection molding machine controllers in the South Hall of McCormick Place in booths No. 2949-2968 during the five-day event, June 19 - 23, 2000. In addition, Moldflow will be demonstrating its products including MPX, Moldflow Plastics Advisers, Moldflow Plastics Insight, Design Link, and www.plasticszone.com in booth No. 731 in the South Hall.

    About Milacron

    Milacron manufacturing technologies are used to make products for many broad-based markets. These products are seen and used everyday in homes and workplaces and everywhere in between. From automobiles and appliances to milk jugs and toothbrushes, Milacron's manufacturing technologies help the world's leading companies make your favorite products. Milacron is a global leader in plastic processing and metalworking technologies. The plastics technologies group is the world's broadest line producer of machines, systems, tooling and supplies for the plastics processing industry. Milacron's metalworking technologies group is the industry's broadest-line manufacturer of cutting tools, abrasives and fluids for metal removal, as well as industrial components including carbide wear parts and industrial magnets.

    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 web site 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 (MPX).

    Also in 2000, Moldflow successfully completed its initial public offering and acquired C-MOLD, formerly a primary competitor. The company maintains its corporate headquarters in Lexington, MA. The company maintains research and development facilities in Australia, the United Kingdom, and United States, as well as direct sales and marketing offices throughout the USA, Europe, and Asia.

    Note to editors: Moldflow, Moldflow Plastics Advisers, MPA, Moldflow Plastics Insight, MPI, Moldflow Plastics Xpert, MPX, iMPA, iMPX, 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 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 include statements regarding the integration of the company's MPX product with the Milacron XTREEM NT controller; the benefits likely to be derived by customers who purchase the integrated product, and the ability of existing Milacron customers to retrofit the XTREEM NT controller to achieve productivity increases. Such statements are subject to uncertainties and risks that could cause actual results to differ from those projected or implied by such statements. These risks include, but are not limited to, risks that the Company's MPX product will not prove to be commercially viable, that the Company will not be able to successfully integrate the MPX with Milacron's XTREEM NT controller to provide greater productivity, 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.