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Magna Powertrain, New Process Gear Chooses Altair’s Engineering Framework for Product Design

Altair® HyperWorks® technology fortifies Magna’s technology leadership position in the automotive supplier marketplace TROY, Mich., (April 24, 2006) - Altair Engineering, Inc., a leading global provider of technology and services that strengthen client innovation and decision-making, today announced that Magna Powertrain, New Process Gear, has selected Altair® HyperWorks® technology suite to further reduce product development cycle time and associated costs.



Initial deployments include Altair HyperMesh® and Altair OptiStruct®/Analysis to support New Process Gear’s structural analysis requirements. Following, Altair’s optimization technologies will be integrated as part of Magna’s continuing strategy to bring added value to its global OEM customers by developing advanced drivetrain solutions.



"Our main objective in using HyperWorks for predictive analysis is to speed up the time it takes to develop robust, new products. The Altair solutions meet that need very well," said Sankar Mohan, Ph.D., director of Advanced Engineering for Magna Powertrain, New Process Gear. "Our immediate goal is to eliminate one prototype development cycle from each new product. However, as we expand our use of predictive engineering and optimization technology, we expect to exceed that goal."



Altair OptiStruct/Analysis is a fast, accurate and robust finite element solver for linear solution sequences and contact problems. Up to four times faster than conventional solver technologies, OptiStruct/Analysis delivers flexibility and advanced functionality, with no restriction in model size. HyperMesh, another of the advanced CAE solutions in Altair’s HyperWorks product suite, is a high-performance finite element pre- and post-processor that allows engineers to analyze product design performance in a highly interactive and visual environment.



"We are very pleased with the outcome of New Process Gear’s benchmark evaluation, and consider the HyperWorks suite the right fit for their needs," said Dhiren Marjadi, Altair regional managing director. "We look forward to supporting their organizational objectives through both our advanced technology deployment and customer-focused consulting services activities."



Magna Powertrain, New Process Gear, an operating group within Magna International, Inc., is a premier automotive supplier of drivetrain components and systems, and transmission and engine technologies. The group is the center of excellence for all-wheel drive systems, and provides four-wheel-drive systems and transmissions for all leading automotive OEMs.



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