MSC.Software Strengthens Management Team; John Mowrey Announced as Vice President for Professional Services Business
6 September 2000
MSC.Software Strengthens Management Team; John Mowrey Announced as Vice President for Professional Services Business
Business Editors & High Tech WritersLOS ANGELES & COSTA MESA, Calif.--Sept. 6, 2000--MSC.Software Corporation (MSC), the world's leading developer and provider of simulation software, today announced the appointment of John Mowrey to lead the newly created Professional Services Organization (PSO) with responsibility for the company's global services business.
Mowrey Joins MSC.Software from Automated Analysis Corp. an Ann Arbor services company, where he held the position of President and COO. Previous roles include Executive VP of Modern Engineering and a senior consultant to Andersen Consulting. His extensive experience in the automotive industry includes two VP positions at American Motors: VP of Product Planning and Styling and VP of Purchasing, Logistics and Supplier Quality. Prior to that, John held numerous positions at General Motors Chevrolet Division: Executive Director of Planning, Chief Vehicle Engineer, and Project Manager of Vehicle Dynamics.
"John is uniquely qualified to lead the PSO," said Frank Perna, Chairman and CEO, MSC.Software Corporation. "Services today comprise approximately $16M of our revenue and are the fastest growing part of our business. Given current trends, we believe that this revenue stream has the potential to reach $100M in a few years. To get that big requires internal growth, acquisitions, and partnering. It also requires great leadership."
Mowrey has a BS Degree in Mechanical Engineering from Carnegie-Mellon University and a Master's Degree in Engineering from the University of Michigan.
ABOUT MSC.SOFTWARE CORPORATION
MSC.Software is the world's leading provider of simulation software and services to major manufacturers worldwide. MSC.Software's software and services are used to enhance and automate the product design and manufacturing process. The ability to model and test software prototypes has cost effectively enabled manufacturers to design and build everything from sophisticated aircraft and automobiles to electronic and consumer products. Simulating product performance reduces development costs, time to market and warranty costs, positively impacting customer profitability. MSC.Software is capitalizing on the advantages of the Linux operating system for high performance computing, and the Web in all of its forms. For additional information about MSC.Software, visit us at, www.mscsoftware.com.
Except for the historical information contained herein, certain matters discussed in this news release constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause such results to differ materially from those described in the forward-looking statements include delays in developing, completing, or shipping new or enhanced products, fluctuation in quarterly results, foreign currency translations, and other risks and uncertainties that are detailed in the Company's annual report on Form 10-K and other reports filed by the Company with the Securities and Exchange Commission.
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