GOVERNMENT
MSC.Software Announces Listing on The NASDAQ Global Select Market
MSC.Software Corporation today announced that the NASDAQ Listing Qualifications Department of The NASDAQ Stock Market LLC has approved the Company's application for listing of its common stock on The NASDAQ Global Select Market. MSC anticipates that its common stock will begin trading at the market opening on Tuesday, September 5, 2006 under the symbol "MSCS." "Our upcoming listing on The NASDAQ Global Select Market represents an important step in the transformation of MSC.Software," said Bill Weyand, Chairman and CEO of MSC.Software. "Improved liquidity, less volatility and higher trading volumes are important advantages that will result from listing on this state-of-the-art electronic trading platform. In addition, we believe that a new group of investors will now become aware of MSC, and that should improve overall stockholder value."