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Altair Names Dhirendra Verma as Vice President of India Services Operations

New role and appointment to drive Altair’s off-shore business strategy TROY, Mich., Jan. 13, 2010 – Altair Engineering, Inc., a leading global provider of simulation technology and engineering services that empower client innovation and decision-making, has named Dr. Dhirendra Verma as vice president of Altair ProductDesign India. In this newly created role, Dr. Verma will have primary responsibility for Altair’s consulting services operations in India and support the company’s global product development consultancy business with off-shore capacity.

“Dr. Verma represents Altair’s vigorous commitment to invest in its Indian engineering services operation to achieve best-in-class status for this center,” said James R. Scapa, chairman and CEO of Altair Engineering. “He will lead the development and execution of Altair’s Indian and off-shore business strategy and work to ensure the subsidiary’s growth and high quality delivery.”

Dr. Verma has more than 15 years of experience in building and managing effective engineering teams to develop highly engineered products. He joins Altair ProductDesign from Wipro Technologies, where he was responsible for engineering design services delivery. Prior to his role at Wipro, Dr. Verma held management positions at Chrysler Corporation, Covisint and PTC Corporation.

"Dhiren is an outstanding addition to our executive management team,” said Mike Heskitt, vice president of global services delivery for Altair ProductDesign. “His prior management experience in OEM product development, information technology and consulting services aligns perfectly with our core business and brings a wealth of knowledge that will benefit our strategic planning, customer service and growth globally. His deep understanding of successful off-shore business models and the Indian market will increase the proportion of high-quality, off-shore engineering services we can offer on all client engagements to deliver more value.”

About Altair ProductDesign
Altair ProductDesign is a global, multi-disciplinary product development consultancy of more than 500 designers, engineers, scientists, and creative thinkers. As a wholly owned subsidiary of Altair Engineering, Inc. (www.altair.com), this cross-functional organization is best known for its leadership in simulation driven innovation. Altair ProductDesign firmly advocates a user-centered, team-based design approach and uses proprietary simulation and optimization technologies to help clients bring innovative, profitable products to market faster. To learn more, please visit www.altairproductdesign.com.

About Altair
Altair Engineering, Inc., empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,300 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software, advanced computing technologies and enterprise analytics solutions, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.

Media contact--India:
Rajneesh Shinde
Altair Engineering, Ltd.
Tel.: Tel.: +91 2024014190

Media contact--Corporate:
Jennifer Ristic
Airfoil Public Relations for Altair
Tel.: +1.248.304.1421

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