Fiat Group Signs New Worldwide Corporate Agreement with MSC.Software

SANTA ANA, CA -- MSC.Software Corp. (NYSE: MNS), a leading global provider of simulation software, services and systems, today announced that Turin, Italy-based Fiat Group has signed a new worldwide corporate agreement giving Fiat companies worldwide access to all MSC.Software products used during the design and testing process. With this corporate agreement, Fiat companies including FIAT, Alfa Romeo, Ferrari, Maserati, Fiat Research Centre, COMAU, IVECO, Case New Holland, Irisbus, ELASIS and Magneti Marelli Sospension will extend and promote the use of MSC.Software products in all of their product line engineering centers, which includes compact cars, sports cars, Formula 1 racing cars, trucks, buses and automotive components. "The Fiat group of companies have a long history of using the most advanced technologies to design better products and save time and money," said Frank Perna, chairman and chief executive officer of MSC.Software. "This new agreement gives the Fiat Group the entire scope of MSC.Software's software, services and systems capabilities, including the MSC.Adams virtual prototyping product line. MSC.Software's integrated, global approach is helping auto manufacturers like the Fiat Group reduce their design time and costs and makes them more profitable in tough economic times." "MSC.Software products allow us to test and optimize designs in ways that were not possible before," said Mr. Vio and Mr. Barletta, ICT Fiat Group Governance. "We look forward to expanding our use of MSC.Software products and services in order to build better products and gain a significant advantage over our competitors." The Fiat group of companies currently utilizes more than 200 MSC.Software software licenses including MSC.Nastran, MSC.Patran, MSC.Marc, MSC.Dytran and MSC.Adams. The Fiat group of companies are also working with MSC.Software on numerous automotive research and development projects including work utilizing high performance computing and Linux technology. For more information visit www.mscsoftware.com/