PLANO, Texas, October 22, 2013 – Altair Engineering, Inc. (“Altair”), a
leading global provider of software for optimizing the analysis, management and
visualization of business and engineering information, has licensed Siemens’ D-Cubed™
software components for use throughout its product offerings. Altair selected
D-Cubed 2D Dimensional Constraint Manager (DCM) and D-Cubed 3D DCM software from
Siemens’ product lifecycle management (PLM) software business unit to provide
the geometric constraint solving capability that is fundamental to many modern
computer-aided design, manufacturing and engineering (CAD/CAM/CAE) software
applications.

Altair currently uses 2D DCM in its solidThinking Inspire® software, a tool
that generates structurally efficient design concepts. This new agreement
extends the rights to use 2D DCM in applications throughout the Altair
HyperWorks® product line and beyond, and adds the same rights for 3D DCM.

"Having already integrated and released D-Cubed 2D DCM in solidThinking
Inspire®, and being a long-term Parasolid software licensee for solidThinking
Evolve®, we were well aware of the impressive quality of Siemens’ PLM Components
software as well as the outstanding technical support that Siemens provides,”
said Massimo Fariello, Senior Vice President, Software Technology Alliances and
Strategies, Altair. “This new agreement provides the framework to leverage
Siemens software components more broadly in our development of high-quality
digital product design and engineering simulation solutions.”

“We are very pleased that a company of Altair’s caliber has decided to base
future development projects on our D-Cubed 2D DCM and 3D DCM geometric
constraint solvers,” said Paul Sicking, Senior Vice President, Chief Technology
Office, Siemens PLM Software. “This decision by Altair is a significant
endorsement of Siemens’ strategy as a global supplier of open software
solutions. Siemens PLM Software’s position as the leading provider of PLM
component software is based on providing superior technology and developing
long-term mutually beneficial relationships with our customers.”

For more information about Siemens’ PLM Component software solutions, please
visit www.siemens.com/plm/open.

Siemens PLM Software, a business unit of the Siemens
Industry Automation Division, is a leading global provider of product lifecycle
management (PLM) software and services with seven million licensed seats and
more than 71,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM
Software works collaboratively with companies to deliver open solutions to help
them make smarter decisions that result in better products. For more information
on Siemens PLM Software products and services, visit www.siemens.com/plm.

The Siemens Industry Automation Division (Nuremberg,
Germany) supports the entire value chain of its industrial customers – from
product design to production and services – with an unmatched combination of
automation technology, industrial control technology, and industrial software.
With its software solutions, the Division can shorten the time-to-market of new
products by up to 50 percent. Industry Automation comprises five Business Units:
Industrial Automation Systems, Control Components and Systems Engineering,
Sensors and Communications, Siemens PLM Software, and Water Technologies. For
more information, visit www.siemens.com/industryautomation.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG.
D-Cubed and Parasolid are trademarks or registered trademarks of Siemens Product
Lifecycle Management Software Inc. or its subsidiaries in the United States and
in other countries. All other trademarks, registered trademarks or service marks
belong to their respective holders.

Primary Contact

Salim Rahimi
+1 972 987 3206
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