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Altair Engineering Hosts Grand Opening of the Altair Design Studio

Unique working environment brings together engineering and design expertise to drive innovative, efficient product development. TROY, Mich., (May 31, 2006) - Altair Engineering, Inc., a leading global provider of technology and services that strengthen client innovation and decision-making, will host the grand opening of the Altair Design Studio on Thursday, June 8, 2006, at the company’s Troy, Mich., headquarters. The event runs from 5:30 until 9:00 p.m. and includes a tour of the new industrial design facility and a presentation on the benefits of leveraging human creativity with advanced technology to deliver innovative products. Attendees will also have an opportunity to experience a three-dimensional virtual reality environment configured to assist in the product design process.



The Altair Design Studio was created to provide a unique, cross-functional environment in which world-class designers and engineers could work together using the industry’s most advanced simulation and computer-aided engineering (CAE) tools to achieve a powerful synergy of creativity and technology. This ongoing, dynamic collaboration supports Altair’s competitive strategy to integrate simulation and optimization earlier in the development process. This, in turn, facilitates bringing innovative products to market faster, without the need for time-consuming, costly physical modeling and testing.



"Altair designers and engineers are some of the most talented in the world," said James R. Scapa, Altair president and CEO. "In the new Design Studio, we combine the creative energy of designers with the functional expertise of engineers in an open physical space that is conducive to teamwork and fresh thinking. Then, we bring the most advanced simulation and engineering technology available into the mix early in the development process."



The Altair Design Studio grand opening event is complimentary, but those who would like to attend are asked to register at www.altair.com/id . Altair Engineering is located at 1820 E. Big Beaver in Troy.



About Altair Engineering

Altair Engineering, Inc. strengthens client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 800 employees, Altair has offices throughout North America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software and grid computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com .


Diane Forbes

Altair Engineering, Inc.

(248) 614-2400, ext. 464

dforbes@altair.com