CORPORATE FACT SHEET

Background: Through innovative product development, advanced engineering software and high performance grid computing technologies, Altair Engineering increases innovation for clients around the globe. Founded in 1985 and privately held with offices throughout 11 countries, Altair's unparalleled knowledge and expertise in product development and manufacturing extend throughout North America, Europe and Asia. As the developer of Altair® HyperWorks® - The Engineering Framework for Product Design™, Altair is the leading provider of high-end, open architecture CAE software solutions for modeling, visualization, optimization and process automation. The company’s grid computing software, PBS Pro™, is an intelligent workload management and batch queuing system for local and distributed numerically intense compute environments. PBS Pro efficiently manages computational workload across Linux, UNIX, MAC and Windows based HPC environments – maximizing hardware and software utilization. The company is comprised of five business units: Product Design and Development, Commercial Software, Enterprise Computing, Enterprise Process Management, and Client Site Services.

Key Products: Altair’s commercial software products include:, HyperMesh®, HyperView®, OptiStruct®, HyperStudy®, MotionView®, MotionSolve™, HyperGraph®, HyperForm®, HyperXtrude®, HyperBlank™, HyperWeb®, HyperView Player®, HyperWorks Process Manager™, HarnessLink®, PBS Pro™, and e-Compute™

2003 Sales: $80 million

Management: James R. Scapa, President & CEO James E. Brancheau, CTO Robert B. Little, COO Thomas M. Perring, CFO Jeffrey M. Brennan, VP - Commercial Software Business Line Michael J. Heskitt, VP - Product Design & Development Business Line Michael M. Humphrey, VP - Enterprise Computing Business Line Chandra S. Yarlagadda, VP - Client Site Services Business Line Michael J. Kidder, Corporate Marketing Director

Customers: Altair serves a large majority of Fortune 500 companies and over 2,500 clients worldwide including , AK Steel, Alcoa, BASF, BMW, Boeing, Bombardier, Bose, British Aerospace, Caterpillar, ChevronTexaco, ConocoPhillips, DaimlerChrysler, Dow Chemical, Fiat, Fisher Price, Ford, General Electric, General Dynamics, , Honda, Hyundai, John Deere, Kohler, Lockheed-Martin, Motorola, NASA, the National Institute of Health, , Otis Elevator, Owens Corning, PACCAR, Pfizer, Pratt & Whitney, Procter & Gamble, Raytheon, Schlumberger, Steelcase, Toyota, U.S. Department of Defense, U.S. Department of Energy and Whirlpool.

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Altair Fact Sheet/Page 2

Other Services: Industrial design, product design and development, commercial MCAE software, Grid and high performance computing technology, ECAE consulting and technology, PLM implementation services, engineering process automation, professional staffing

Employees: over 700

Web site: http://www.altair.com

Facilities: Headquartered in Troy, , Altair also operates throughout:

• Germany • • Japan • Korea • • United Kingdom

Press Contact: Michael J. Kidder Corporate Marketing Director Altair Engineering, Inc. +1.248.614.2400 x269 [email protected]

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