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Moldflow Completes Public Offering of Stock

14 December 2000

Moldflow Completes Public Offering of Stock

    WAYLAND, Mass.--Dec. 13, 2000--Moldflow Corporation , a world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced the completion of the public offering of 2,305,000 shares of its common stock at a price of $19 per share.
    Of these shares, 575,000 were sold by the Company and 1,730,000 were sold by certain selling stockholders. The offering was co-managed by Adams, Harkness & Hill, Inc., Robert W. Baird & Co. and A.G. Edwards & Sons, Inc. The net proceeds to Moldflow from the offering will be used to fund the related transaction expenses, with the remaining funds being used for general corporate purposes, including working capital, capital expenditures, and any future acquisitions. Moldflow will not receive any of the proceeds from the sale of shares by the selling stockholders.
    Information on the factors and risks that could affect Moldflow's business, financial condition and results of operations are included under the "Risk Factors" section of Moldflow's registration statement on Form S-1 (File No. 333-49824), which was filed with and declared effective by the Securities and Exchange Commission and is available at http://www.sec.gov. Copies of all or any portion of the registration statement can be obtained from the Public Reference Section of the SEC, 450 Fifth Street, N.W., Washington, D.C., 20549.
    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.