HYDERABAD, India, and SANTA ANA, Calif., September 10, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today that it has extended its strategic alliance with MSC.Software Corporation (NASDAQ: MSCS), a leading global provider of enterprise simulation solutions, including simulation software and services. The extended agreement calls for Satyam to provide specific service offerings in support of the company's SimEnterprise solutions, including MD Nastran, SimManager and SimXpert to global discrete manufacturing customers.
These MSC solutions allow aerospace and industrial manufacturing companies to achieve improved product development efficiencies, accelerate new product introductions and reduce time-consuming redesign cycle periods from weeks to just days.
"Our initial agreement with MSC.Software provided such value for our discrete manufacturing customers, that we elected to expand our relationship with a more comprehensive set of enterprise simulation services and provide customers even greater business value," said Dr. TSK Murthy, Satyam's Global Head of Engineering. "By expanding the alliance to include the company's new, robust products, Satyam will provide a managed simulation environment that automates processes, manages data pedigrees, is fully scalable, and captures and reuses best practices. The result of all of these attributes will be more accurate and efficient analysis for our customers."
"We are pleased to partner with Satyam to bring these SimEnterprise service offerings to the global marketplace," said Frank Kovacs, Vice President, Global Partners and Alliances, MSC.Software. "Satyam's unique combination of deep CAE skills and PLM expertise, combined with our SimEnterprise products, provide immediate, tangible business benefits for both company's clients."
About Satyam
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 66* countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 51,643* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 670* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of June 30, 2008
About MSC Software
MSC.Software (Nasdaq: MSCS) is the global leader of enterprise simulation solutions, that help 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 1100 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.
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