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MSC.Software and Ford Motor Co. Announce Multimillion Dollar Agreement
SANTA ANA, CA -- MSC.Software Corp. (NYSE:MNS), the established information technology software and services provider helping companies worldwide develop better products faster, today announced the recent completion of a worldwide corporate agreement with Ford Motor Co. (NYSE:F). The agreement calls for MSC.Software to provide unlimited access to its strategic MSC.Nastran software for Ford-owned companies around the world. "Automakers throughout the world rely on MSC.Software as the leading source for critical design software and services in demanding environments," said Frank Perna, chairman and chief executive officer of MSC.Software. "We are proud of our long-term relationship with Ford that extends over 20 years. The single global agreement allows Ford to increase the usage of MSC.Nastran while simultaneously reducing the costs associated with maintaining numerous regional agreements. It clearly demonstrates the importance our customers, the world's leading companies, place on extending their competitive advantage in these challenging economic times." The new agreement broadens the long and successful relationship between MSC and Ford and extends it to Ford-owned operations worldwide. Current usage of MSC products includes approximately 2,500 users of MSC.Nastran in a number of Ford-owned companies, including Ford companies in North America, Australia, Turkey, Germany and the United Kingdom, as well as Volvo Cars, Mazda, Jaguar and Land Rover. For more information visit www.mscsoftware.com