TROY, Mich., Nov. 15 /PRNewswire/ -- Altair Engineering, Inc., a global
leader in innovative product development, advanced engineering software and
grid computing technology, announced today a cooperative business arrangement
with Accelrys, Inc. (Nasdaq: ACCL), a leading provider of computational
software and services for scientific researchers. Under the arrangement,
Accelrys and Altair have developed an interface that allows Accelrys' Material
Studio(R) software to operate with Altair's PBS Professional(TM) software.
Accelrys will include a free trial license of PBS Professional with its
Materials Studio software on a limited-time basis, and the companies have
developed a special promotional pricing program. Materials Studio is a suite
of integrated materials simulation software for use in research and
development in the materials, chemical, pharmaceutical and biotechnology
industries. Both software programs run on Windows, Linux and UNIX platforms.
The promotional pricing offer, which represents a significant discount off
standard U.S. list pricing, will be in effect for a limited time beginning in
December 2005, and may be extended if response is favorable.
"Accelrys is the key ISV [independent software vendor] in the materials
sciences sector, and we are pleased to enter into this business arrangement
with them," said Michael Humphrey, vice president of Altair Engineering's
Enterprise Computing business unit. "I am confident that Accelrys customers
will see that this integrated combination provides a compelling value
PBS Professional is an open workload management solution for grid
computing environments, Linux clusters, and distributed servers and
workstations. The software optimizes the utilization of computing resources
by intelligently scheduling and managing computational workload in a number of
industries, including manufacturing, energy, financial, government research,
weather forecasting, life and materials sciences, and digital media. By
increasing the efficiency of the hardware and software resources, PBS
Professional reduces total cost of ownership and provides true business value
to grid computing customers.
"Integrating Altair's PBS Professional with Materials Studio allows us to
provide a more complete solution to our customers," said Steve Levine, senior
director of corporate development at Accelrys. "Workload management is an
important component of our customers' HPC [high-performance computing]
infrastructure. Providing an integrated, best-of-breed solution will better
enable them reduce deployment times as well as administrative costs."
About Altair Engineering
Through product design consulting, advanced engineering software and high-
performance computing (HPC) technologies, Altair Engineering increases
innovation for clients around the globe. Founded in 1985 and privately held
with offices throughout 12 countries, Altair's unparalleled knowledge and
expertise in product development and manufacturing extend throughout North
America, Europe and Asia. As the developer of Altair(R) HyperWorks(R) - The
Engineering Framework for Product Design(TM), Altair is the leading provider
of high-end, open CAE software solutions for modeling, visualization,
optimization and process automation. The company's grid computing software,
PBS Professional(TM), is a workload management solution for HPC environments,
Linux clusters and desktop cycle harvesting that delivers an ROI within one
year. For detailed information about Altair, visit http://www.altair.com .
About Accelrys, Inc.
Accelrys, Inc. (Nasdaq: ACCL) is a leading provider of software for
computation, simulation, and the management and mining of scientific data used
by biologists, chemists and materials scientists, including nanotechnology
researchers, for product design as well as drug discovery and development.
Accelrys' technology and services are designed to meet the needs of today's
leading research organizations. The company is headquartered in San Diego,
Calif. For more information about Accelrys, visit its website at
This press release contains forward-looking statements for purposes of the
Private Securities Litigation Reform Act of 1995 (the "Act"). Such
statements, including statements relating to the software discussed in this
press release, are subject to risks and uncertainties including, but not
limited to, the risks that the software will not achieve market acceptance,
demand relating to such software, and other risks and uncertainties described
in documents Accelrys has filed with the Securities and Exchange Commission,
including its most recent report on Form 10-Q. All forward-looking statements
in this document are qualified entirely by the cautionary statements included
in this document and such filings. These risks and uncertainties could cause
actual results to differ materially from results expressed or implied by
forward-looking statements contained in this document. These forward-looking
statements speak only as of the date of this document. Accelrys claims the
protection of the safe harbor for forward-looking statements contained in the
Act and, disclaims any intent or obligation to publicly update or revise any
forward-looking statements contained herein to reflect any change in its
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.
SOURCE Altair Engineering, Inc.