News Prima Industrie Chooses HyperWorks Simulation Platform to Develop 2D Laser Cutting Machines Press contact: Evelyn Gebhardt Blue Gecko Marketing Tel.: +49 6421 9684351 email@example.com Company contact: Mike Kidder Altair Engineering, Inc. Tel.: +1.248.614.2400, ext. 269 firstname.lastname@example.org HyperWorks optimization technologies to target materials and production cost reductions in forward programs TROY, Mich., July 21, 2008 – Altair Engineering, Inc., a leading global provider of technology and services that empower innovation and decision-making, today announced that Prima Industrie, an Italian developer, manufacturer and provider of high-power laser systems for cutting, welding and drilling three-dimensional (3D) and two-dimensional (2D) parts, will implement the HyperWorks computer-aided engineering (CAE) software platform into its design development process. The HyperWorks suite and OptiStruct, the leading design synthesis optimization technology, will be used to optimize existing cutting machines and to develop new 2D machines in the future. “During an extensive benchmark we realized that HyperWorks would best suit our needs,” said Maurizio Gattiglio, Director, 2D Machines Division, Prima Industrie. “We have high expectations for HyperWorks. In our development of 2D laser systems, we had reached the limits of machine optimization that traditional approaches allow. With HyperWorks and OptiStruct we hope to break through these limits. Our department alone develops and builds more than 200 machines per year. We expect to reduce the cost per machine by several hundred Euros through materials savings while maintaining the high quality of our laser systems. This will give us a quick return on our software investment and tremendous improvements in the development and production processes." “In almost every industry, optimization plays an increasingly important role in sustainable design initiatives as well as reducing development cycles, time-to-market, utilization of materials and production costs,” said Cosimo Panetta, Managing Director, Altair Engineering, Italy. “We are very pleased that Prima Industrie chose HyperWorks as their preferred solution to optimize their advanced laser systems for performance and manufacturability. As Prima Industrie realizes, optimization not only plays a role in new product development but can also be very effective in identifying cost-saving opportunities in current production programs. We look forward to working with them in these areas.” About Prima Industrie PRIMA INDUSTRIE was established in 1977 and has been listed on the Italian Stock Exchange since 1999. Currently present on the STAR segment, PRIMA INDUSTRIE develops, manufactures and markets high-power laser systems for cutting, welding and drilling three-dimensional (3D) and two-dimensional (2D) parts. PRIMA INDUSTRIE has nearly 600 employees, with manufacturing facilities in Italy (PRIMA INDUSTRIE S.p.A., PRIMA ELECTRONICS S.p.A. and OSAI S.p.A.), the USA (PRIMA North America Inc.) and China (Shanghai Unity Prima Ltd. and Shenyang Prima Laser Machine Company Ltd.), and a broad sales network in about 50 countries. To date, the company has installed over 2,500 systems worldwide with more than 1,000 customers in the automotive and aerospace industries and in a wide range of other industries. Thirty years after its incorporation, PRIMA INDUSTRIE’s mission remains the same: innovation, excellence, growth. For more information about Prima Industrie please visit: www.primaindustrie.com. About Altair Altair empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of information. Privately held with more than 1,400 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record of profitable growth and innovation, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com. Built on a foundation of design optimization, performance data management and process automation, HyperWorks is an enterprise simulation solution for rapid design exploration and decision-making. As the most comprehensive, open-architecture solution in the industry, HyperWorks includes best-in-class modeling, analysis, visualization and data management solutions for linear, non-linear and structural optimization, fluid-structure interaction, and multi-body dynamics applications. OptiStruct helps engineers and designers rapidly develop lightweight, structurally efficient designs by creating innovative concepts from supplied package space information. By predicting optimal structure shapes with minimum input early in the design process, OptiStruct facilitates analysis that leads to more efficient designs in less time.