TROY, Mich., April 20, 2017 (GLOBE NEWSWIRE) -- Altair’s product development services division Altair ProductDesign is honored to receive a 2016 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. To qualify for the award, Altair maintained a silver composite performance rating for each month of the 12-month performance period, from Oct. 1, 2015, to Sept. 30, 2016. Altair has received this award for outstanding achievement for the fourth year in a row and for the fifth time in the last seven years.

Altair ProductDesign Team members

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b4239ac7-61aa-42e8-bc89-71fa2aaa9eba.

“Altair ProductDesign is honored to receive this award for a fifth time”, said Mak Gilbert, Program Manager at Altair ProductDesign. “We truly value Boeing’s appreciation and recognition of the consistently smart, hard work our engineers conduct daily to support their design of lightweight, high performing aircraft,” he said.

The Altair ProductDesign approach to aerospace design includes an aggressive application of simulation technologies upfront in the development process. This 'Simulation Driven Innovation' philosophy allows us to find the optimal balance between weight, performance and cost for products being developed and results in a program with reduced risk and shorter cycle times to deliver an aircraft, helicopter or spacecraft that meets functional attributes and mass targets on time.

“We are delighted to have been chosen once again by Boeing. We strive to help Boeing produce great products that are engineered for performance, efficiency, and safety. This award is an outstanding recognition of the exceptional Altair engineers that support Boeing engineering goals and objectives,” said Brett Chouinard, Chief Operating Officer, Altair. 

For more information on the full range of Altair ProductDesign design solutions and services please visit www.altairproductdesign.com.

About ALTAIR

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,600 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 50 offices throughout 22 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.

Media Contacts Altair:

Corporate / Americas / Asia Pacific
Biba A. Bedi
+1.757.224.0548 x 406
biba@altair.com

Europe / The Middle East / Africa
Evelyn Gebhardt
 +49 6421 9684351
gebhardt@bluegecko-marketing.de