Altair Announces New Reseller Agreement with CYBERNETICS, Expanding Presence in Eastern Europe

News Release from: Altair Engineering
27/03/2008

Altair Engineering, Inc. announced a new reseller agreement with Romanian-based PLM solution provider, CYBERNETICS Srl. The new agreement allows CYBERNETICS to sell the Altair HyperWorks computer-aided engineering (CAE) technology suite to Romania-based companies within the region's growing advanced manufacturing industries including automotive, aerospace, consumer goods, plant & equipment design. In addition to Altair's software solutions, CYBERNETICS will also provide local support and professional consulting services for Altair and its new and existing customers.

“Our main objective is to consolidate our leadership position in selling and implementing complete PLM solutions,” said Eugen Mihaila, CEO, CYBERNETICS Srl. “In order to do this, we have to take into account that Romania is an emergent market, attracting many investors particularly in the automotive industry. As such, we took the initiative to assess our existing software portfolio and technical expertise to ensure that Cybernetics is prepared to support the unique needs and requirements of these rapid growth market segments. After a thorough review of our portfolio and industry vertical needs, it was obvious that by adding HyperWorks we could enhance our product portfolio and level of client service. “

With more than 12 years of history and experience, CYBERNETICS is the leading PLM software distributor and implementation company in Romania, said Cosimo Panetta, Managing Director of Altair Engineering, Italy. “We are very pleased with their decision to join our valued HyperWorks reseller community. Their current high-end PLM product portfolio compliments and is a natural fit with HyperWorks. We look forward to working with CYBERNETICS to jointly support our growing Romanian client base.”

“HyperWorks is a globally recognized, leading CAE solution that will allow us to address many of our clients’ present and future simulation needs,” adds Mihaila. “The fact that Altair has a growing global consulting services division and a strong partner eco-system is also something that we are quite interested in being a part of.”

Built on a foundation of design optimization, performance data management and process automation, HyperWorks is an enterprise simulation solution for rapid design exploration and decision-making. As the most comprehensive, open-architecture CAE solution in the industry, HyperWorks includes best-in-class modeling, analysis, visualization and data management solutions for linear and non-linear structural optimization, fluid-structure interaction, and multi-body dynamics applications.