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Altair Signs New Reseller in Kiev, Ukraine – JSC ARCADA

Relationship expands Altair offerings in Eastern Europe

TROY, Mich. – December 17, 2019 – Altair, (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing and data analytics, today announced it signed a new reseller agreement for the Ukraine region with JSC ARCADA. Located in Kiev, JSC ARCADA will take over sales responsibilities for the entire Altair portfolio, including Altair HyperWorks™, Altair solidThinking™, Altair PBS Works™, and Altair SmartWorks™.

ARCADA provides design organizations and industrial enterprises with complex technology solutions for all types of design and development projects. It delivers technical preparation of production and manufacturing of products in the fields of construction, engineering, and geoinformation systems. In line with ARCADA’s philosophy of achieving the true practical value of CAD applications, its deeply specialized team also offers excellent support and services, like high-skilled trainings and webinars.

“With JSC ARCADA joining our reseller community we gain a strong partner for the Ukrainian market. I am confident we will grow our regional footprint, as well as provide our current and future customers direct access to our product portfolio and service offerings,” said Kimon Afsaridis, regional managing director Eastern Europe, Altair.

“Today in the era of development of artificial intelligence technologies, generative design, application of new types of materials and design solutions, the role of mathematical modelling and analysis of the behavior of objects in different environments and processes is sharply increasing. Our customers, primarily Ukrainian companies, are increasingly becoming integrated into the global market of high-tech products and need solutions such as those from Altair,” said Victor Ovchynnikov, managing director at JSC ARCADA.

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