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Hyundai Signs $360,000 Initial Order with Mechanical Dynamics

13 October 2000

Hyundai Signs $360,000 Initial Order with Mechanical Dynamics To Use ADAMS(R)/Car for Functional Virtual Prototyping
    ANN ARBOR, Mich., Oct. 12 Hyundai Motor Company has signed
a multi-year agreement to deploy Mechanical Dynamics' ADAMS(R)
mechanical system simulation software as the basis for Hyundai's
implementation of functional virtual prototyping and virtual testing in
vehicle development.
    Hyundai Motor Company is Korea's first and largest auto company and
currently produces approximately 1.2 million vehicles per year.  The company
has a tradition of engineering excellence and innovation, and continues to
drive major process automation through their enterprise.
    In conjunction with partner company MTS Systems Corp. ,
Mechanical Dynamics will work with Hyundai engineers at the Namyang, Korea,
research and development center to develop a process for testing component
durability through virtual prototyping and testing.  The project will
incorporate innovative technologies including Mechanical Dynamics'
ADAMS(R)/Car and ADAMS(R)/Durability, and Empirical Dynamics(TM) Models and
Virtual Test Lab from MTS.  SeoMoon Technologies, Inc., the South Korea
distributor of ADAMS, will also assist on the project.
    "As an ADAMS customer for many years, Hyundai knows the cost and
efficiency benefits that virtual prototyping adds to the product development
process," said Robert R. Ryan, president of Mechanical Dynamics.  "Our
partnership with MTS allows us to offer companies such as Hyundai even greater
opportunities for process improvement by tying together the work of test lab
and design engineering organizations in order to optimize product development
and validation."
    The first phase of the agreement is worth approximately $360,000 to
Mechanical Dynamics, with $60,000 of the total in software orders placed
during the third quarter, which ended September 30, 2000.  Future project
phases are expected to result in follow-on software and services orders to
Mechanical Dynamics.
    "Hyundai Motor Company has been using Mechanical Dynamics' ADAMS and MTS'
test systems for many years," said K.H. Park, general manager, Advanced
Research & Development Center.  "The ability to perform durability prediction
studies with virtual prototyping and testing through Mechanical Dynamics and
MTS will lead to improvements in product quality and reduced costs by
drastically reducing proving ground tests.  We believe virtual prototyping and
testing will give us a strong competitive advantage in the global automotive
industry."