ABB Upgrades to MSC.Software's MasterKey License System for Virtual Product Development
06 May 2004 - 12:01AM
PR Newswire (US)
ABB Upgrades to MSC.Software's MasterKey License System for Virtual
Product Development Leading Power and Automation Technology Company
Upgrades to MasterKey License in Sweden and Switzerland. SANTA ANA,
Calif., May 5 /PRNewswire-FirstCall/ -- MSC.Software Corp. , the
leading global provider of virtual product development (VPD)
products including simulation software and services, today
announced that ABB, a worldwide leader in the development and
manufacture of power and automation technologies, has adopted the
MasterKey license system at their two main research and development
centers in Sweden and Switzerland. With this transition, ABB will
extend their use of MSC.Software's VPD tools from only MSC.ADAMS to
include MSC.Patran, MSC.Marc and MSC.Fatigue for research and
development of air-insulated switchgears and high voltage power
equipment. "One of the things MSC.Software is very focused on is
executing our account penetration strategy and ensuring that we
merchandize the value of the MasterKey system within our largest
customers who have multi-national product development
organizations," said Frank Perna, chairman and chief executive
officer of MSC.Software. "Our large strategic accounts may have as
many as 100 different development sites and organizations but only
some of them are actually utilizing MSC.Software products to their
fullest extent. We are seeing an excellent pull within our customer
base of one development group talking to another and recommending
they move to a MasterKey system and we are working hard to turn
these recommendations into revenue." "We have been using MSC.ADAMS
for a long time, and have always been extremely satisfied with it,"
said Dan Windmar R&D manager for air-insulted switchgears at
ABB Sweden. "Today we definitely see a need to increase virtual
development activities. Since not all of our MSC.ADAMS licenses
were fully used at all times, we realized that the MasterKey
license system gives us the possibility to use MSC.ADAMS when ever
we need it, plus to extend our virtual product development
activities to other CAE-tools. Seeing that it worked well for us at
ABB Sweden, we suggested it to our colleagues in Switzerland who we
are working with closely. With the implementation of the new tools
I expect to see a further improvement of our products, quicker
answers on whether a planned design will work or not, and thus a
shorter time to market for our products." The MSC.Software
MasterKey license system (formerly known as VDP Campus License
System), gives engineers the possibility to choose from more then
250 market-leading software packages available today. With those
software tools engineers may assess the complete functional
performance of their products, from strength and durability
characteristics to motion and controls, vibration and acoustics,
thermal effects, and more, without having to purchase individual
product licenses. Tailored to the unique environment of every
customer, the MasterKey License System maximizes productivity and
engineering budgets by providing full-range simulation capabilities
and flexible product management. About ABB ABB is a leader in power
and automation technologies that enable utility and industry
customers to improve performance while lowering environmental
impact. The ABB Group of companies operates in around 100 countries
and employs about 120,000 people. For more information on ABB
please visit http://www.abb.com/. 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 http://www.mscsoftware.com/. DATASOURCE:
MSC.Software Corp. CONTACT: Press - Todd Evans of Media Relations,
+1-714-445-3066, , or Evelyn Gebhardt, Media Relations-EMEA,
+39-011-5151840, , or Investors - Joanne Keates, Director of
Investor Relations, +1-323-259-4263, , all of MSC.Software Web
site: http://www.mscsoftware.com/ http://www.abb.com/
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