SANTA ANA, CA - October 28, 2003 - MSC.Software Corp. (NYSE: MNS), the leading global provider of virtual product development (VPD) technologies including simulation software, services and systems, today announced that Visteon Corporation (NYSE: VC), the world's second largest auto parts manufacturer, has purchased a VPD Campus Licensing System from MSC.Software. The VPD Campus License gives customers the ability to take advantage of the breadth and depth of MSC.Software's portfolio within a flexible licensing system, allowing them to use whatever MSC.Software simulation tools they want, whenever they need them.
"We are very excited to have a company like Visteon commit their product development dollars to MSC.Software and the VPD Campus System," said Frank Perna, chairman and CEO of MSC.Software. "Our relationship with Visteon validates the value inherent in the flexibility of the VPD Campus System. The VPD Campus System makes it as easy as possible for our customers to use MSC.Software products and I'm confident that the VPD Campus program will help Visteon meet and exceed their design and testing goals."
The VPD Campus Licensing System is a renewable token-based model, enabling customers to access MSC.Softwareýs complete portfolio of simulation tools from a single, flexible license. Included in this industry-leading portfolio are versatile analysis tools such as MSC.Nastran, MSC.Marc, and MSC.ADAMS; specialized analysis tools such as MSC.Dytran; modeling systems such as MSC.Patran; industry-specific tools such as MSC.ADAMS Car; and many others.
About MSC.Software Corporation
MSC.Software (NYSE: MNS) is the leading global provider of simulation software and services that helps companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1400 people in 23 countries. For additional information about MSC.Software's products and services, please visit: