ACADEMIA

MSC.Software, the leading global provider of virtual product development (VPD) solutions including simulation software and services, today announced that the filing of its Form 10-K for the period ended December 31, 2004 will be delayed several weeks. Its Forms 10-Q for the first, second and third quarters of 2005 will be filed shortly after the 2004 Form 10-K filing. The Company had previously announced that it expected to file its 2004 Form 10-K and 2005 Forms 10-Q before December 31, 2005. The delay in the 2004 Form 10-K filing is not the result of any unresolved accounting or restatement issues, but rather the result of extra work required to confirm the accuracy of the restatements and financial reports. "Although we are disappointed that we will make our filings several weeks later than expected, we are pleased that substantial progress has been made toward completing the restatement," said Bill Weyand, chairman and CEO, MSC.Software. "MSC's new management team is dedicated to providing accurate financial reports. We are committed to the integrity of our financial procedures and precision in our financial reporting."