MOLDFLOW AND SOLIDWORKS ANNOUNCE MOLDFLOWXPRESS

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MOLDFLOW AND SOLIDWORKS ANNOUNCE MOLDFLOWXPRESS
15 June 2004 - Moldflow Corporation

Moldflow Corporation and SolidWorks Corporation, today announced MoldflowXpress for SolidWorks 2005. Fully integrated with SolidWorks 2005 and based on Moldflow Plastics Advisers technology, MoldflowXpress is an entry-level plastics design validation tool that predicts whether a 3D solid model of an injection molded plastic part will fill based on geometry, injection location, type of material and processing conditions.

"The release of MoldflowXpress introduces the benefits of design analysis directly to the desktops of the worldwide SolidWorks user base," said Roland Thomas, president and CEO of Moldflow Corporation. "Adding the power of Moldflow technology to the SolidWorks 2005 product offers users a plastics design validation tool that can be used as a first step in determining the manufacturability of their injection molded plastic part designs. We believe that once users experience the benefits of analysis early in the part design stage, they will make it an indispensable step in their product creation strategy."

Users of the MoldflowXpress technology will be offered an easy upgrade path to Moldflow Plastics Advisers for SolidWorks software to allow them to perform more in-depth analyses of their SolidWorks 2005 3D solid models. Utilizing analysis technology in the early stages of part and mold design allows manufacturers to more easily optimize production and monitor conditions to control quality, maintain yield and maximize value in an economy where the overriding driver is the pressure to deliver new products with more features at higher quality.

"SolidWorks is pleased to work with an industry leader such as Moldflow Corporation," said John McEleney, CEO of SolidWorks Corporation. "We developed SolidWorks software with the vision to deliver 3D tools to everyone involved in the engineering and design process. MoldflowXpress continues that vision even further and is a natural progression in extending our commitment to providing powerful 3D tools for all. We believe this strategic combination of technologies will directly benefit our customers' product creation process and provide a path to utilize analysis in their overall product design strategy."

Charles Foundyller, CEO of Daratech, Inc. commented, "In order to achieve efficiencies and accelerate product delivery in today's competitive global market, manufacturers are being driven to employ an analysis strategy into their worldwide operations. Products like MoldflowXpress provide companies the information necessary to integrate the functional specialties involved in a product development cycle early enough to have a positive impact on their bottom line."

http://www.moldflow.com

About: Moldflow Corporation
Moldflow is a global provider of optimisation and automation software, enabling hardware and hot runner process control solutions for the plastics injection moulding industry. Companies use Moldflow's complete suite of products to address plastic part design issues at the earliest possible stage as well as to maximize productivity and profitability on the manufacturing floor. Moldflow Plastics Labs (MPL) offers state-of-the-art material testing and consulting services. Its extensive materials database is also used in Moldflow software products. Headquartered in Wayland, Massachusetts, Moldflow has offices, manufacturing and research and development centres in the United States, Europe, Australia and Asia and collaborates with academia and industry around the world.

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