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SANTA ANA, Calif. -- MSC.Software Corp. (NYSE:MNS) , the leading global provider of virtual product development (VPD) products, including simulation software and services, today announced that it has been named to the Deloitte & Touche Technology Fast 50 Program for Orange County, CA, a ranking of the top 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. The Technology Fast 50 rankings are based upon percentage of growth in fiscal year revenues over a five-year period from 1998 through 2002. "We are very pleased to be recognized within a group of such prestigious companies as the Fast 50," said Frank Perna, chairman and chief executive officer, MSC.Software. "In 1998, MSC.Software had 745 employees and revenues of just over $125 million. In 2003, we have more than 1,400 employees and will report more than $260 million in revenues. This growth and successes is due to the hard work of our team and I'm confident that we will continue this growth trend and be on the list again in 2008." "In an era when technology companies come and go, making the Deloitte & Touche Fast 50 is a testament to a company's vision that allows growth over five years," said Fred Poska, partner in the Technology, Media and Telecommunications group, Deloitte & Touche. "MSC.Software's leadership have the right stuff for growth, and Deloitte and Touche salutes their achievement." To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be private or public companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributed to a significant portion of the company's operating revenue. This year's Orange County Technology Fast 50 program is co-presented by Deloitte & Touche, Comerica, Focus Creative, McDermott & Bull, Stradling Yocca Carlson & Rauth, T Sector and in association with AeA, Promotions by Design and Software Council of Southern California.