Altair Announces Most Significant Software Update Release in Company History
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Altair Announces Most Significant Software Update Release in Company History

TROY, Mich., June 03, 2020 (GLOBE NEWSWIRE) -- Altair, (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, today announced the most significant software update release in the company’s history. All of Altair’s software products have been updated with advancements in user experience and countless new features, including intuitive workflows that empower users to streamline product development, allowing customers to get to market faster.

The software update release expands on the number of solutions available for designers, engineers, data analysts, IT and HPC professionals, facility managers, and more to drive better decisions and accelerate the pace of innovation. It broadens the scope of the new user experience, enables access to more physics, data analytics, and machine learning, and makes the Altair software delivery method more flexible and accessible.

“Our teams are always driven to develop and provide access to a range of different technologies that enable our customers to break through complex problems, and explore and discover on their own terms,” said James Scapa, chairman, founder and chief executive officer of Altair. “This software update release is the largest collection of our applications for design, simulation, and data analytics.”

Some of the most notable highlights enhance and bring new capabilities to the needs aligned to the following applications:

Structures

Fluids and Thermal

Industrial Design and Structures

 Manufacturing

Electromagnetics and Multiphysics

Systems Modeling

Data Analytics

Smart Product Development

HPC and Cloud

All products are available through the Altair licensing model, making access to all Altair’s software broader and more flexible.

For more information, visit www.altair.com/2020.

About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC) and data analytics. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.

Media Contacts:

Corporate Investor Relations
Jennifer Ristic The Blueshirt Group
+1.216.849.3109Monica Gould +1 212.871.3927
Email Contact Lindsay Savarese - +1 212.331.8417
  Email Contact 
  
Altair Europe / The Middle East/Africa 
Evelyn Gebhardt 
+49 7031 6208 0 
Email Contact  

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/c6a9b04b-cc7b-477f-8fbc-b593d1bb5272

https://www.globenewswire.com/NewsRoom/AttachmentNg/dc6ab4b3-67af-43e6-ab63-a7a7767c42e6

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