MNS Msc.Software Corp

MSC.Software Partners With PETRONAS Research & Scientific Services Sdn Bhd (PRSS) to Improve Virtual Product Development Research and Development Arm of Leading Oil and Gas Company Adopts MSC.MasterKey Licensing System for Virtual Product Development and Assessment SANTA ANA, Calif., June 30 /PRNewswire-FirstCall/ -- MSC.Software Corp. (NYSE:MNS), the leading global provider of virtual product development (VPD) technologies including simulation software and services, today announced that PETRONAS Research and & Scientific Services Sdn Bhd (PRSS), which is the research arm and technology provider within the PETRONAS (Petroliam Nasional Bhd) group of companies, has purchased the MSC.MasterKey Licensing System. The decision to adopt the MSC.MasterKey System was based upon the work of a group of composite engineers who have been extensively using MSC.Software products for analysis of composite components and structures such as storage tanks, pipelines, and automotive engine components. The MSC.MasterKey Licensing System gives engineers at PETRONAS the ability to take advantage of the breadth and depth of MSC.Software's portfolio of simulation tools within a flexible licensing system, allowing them to use whatever MSC.Software simulation tools they need, wherever and whenever they need them. "The petroleum and energy industries have very strict engineering requirements, including stress and fatigue-life testing, that can only be met through the use of virtual product development tools," said Frank Perna, Chairman and CEO of MSC.Software. "The MasterKey Licensing System is an excellent way for large R&D organizations like PRSS to derive process efficiencies from a common set of tools and processes. We look forward to continuing our strong partnership with PETRONAS engineers in Asia and around the world." "We have selected the MasterKey concept for our virtual product development and assessment due to it flexibility and cost effectiveness. The MasterKey enables us to use a suite of compatible simulation tools anywhere within the Asia-Pacific region, and beyond if necessary, thus providing us the flexibility to simultaneously use a number of packages for projects conducted at more than one site," said Dr. K.H. Leong, who leads the composite activities at PRSS." In fact, the MSC.Software MasterKey license system (formerly known as VDP Campus License System), gives engineers the possibility to choose from more than 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 a full-range of simulation capabilities and flexible product management. "As PRSS strives to be a more efficient R&D organization, the MasterKey licensing system helps us stay at the cutting edge of technology through the delivery of a comprehensive set of simulation tools at a competitive price," said Nordin Nor, Managing Director and CEO of PRSS. About PRSS PETRONAS Research & Scientific Services (PRSS) Sdn Bhd is a PETRONAS subsidiary which undertakes much of the Group's research and development activities. PRSS integrates technology development programmes by carrying out business-driven R&D projects as well as providing value-added technical consultancy and laboratory services. PRSS aspires to be a high-performance R&D organization and is committed to providing quality research and technical services for the PETRONAS Group as well as other petroleum-related companies locally and globally. PRSS conducts programmes and provides services in the areas of exploration and production, refining, gas and petrochemicals, product development, materials and corrosion, environmental management, digital information services, scientific services, laboratory services and petroleum products. For additional information about PRSS, please visit http://www.prss.com.my/. About PETRONAS PETRONAS, short for Petroliam Nasional Bhd, is Malaysia's national oil company (NOC) established in 1974. Since its incorporation PETRONAS has grown to be an integrated international oil and gas company with business interests in more than 30 countries. As at end of March 2003, the PETRONAS Group comprised 82 wholly-owned subsidiaries, 24 partly-owned outfits and 47 associated companies. With a workforce of more than 25,000 the Group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment. For additional information about PETRONAS, please visit http://www.petronas.com.my/. 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 CONTACT: press, Todd Evans, Media Relations, +1-714-445-3066, , or investors, Joanne Keates, Director of Investor Relations, +1-323-259-4263, , both of MSC.Software Web site: http://www.prss.com.my/ Web site: http://www.mscsoftware.com/

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