Business Editors

CLIFTON PARK, N.Y.--(BUSINESS WIRE)--April 15, 2002

Simmetrix, Inc. the leading provider of component software technology for simulation based design, today announced the appointment of Joe Walsh as Vice President of Business Development.

Walsh who has 24 years of experience related to design and simulation applications will be responsible for all OEM business activities related to the Simmetrix component software technology.

"We are very pleased to have Joe join our team. It is extremely rare to find a business executive with a solid understanding of our technology and market," said Dr. Mark Beall, Simmetrix' President. "Joe's extensive background in the areas of design/analysis integration, and component software uniquely positions him to provide direction to leverage our superior technology into significant business growth."

"Simmetrix' unique approach of component software enabling direct access of CAD geometry for analysis modeling positions them as the premier enabler of simulation based design," said Walsh. "I am excited about the opportunity of working with the excellent team at Simmetrix as they move forward to make simulation based design a reality."

Prior to joining Simmetrix Walsh served as Vice President of Worldwide Sales for IronCAD, LLC., a CAD software company, Vice President of North American Sales for Spatial Corp, a supplier of component software technology, Technical Services Director for New Renaissance, a supplier of custom solutions for analysis modeling, President of FEGS, Inc., a CAE software company and President of PAFEC, Inc., a CAD/CAE software company.

About Simmetrix, Inc.

Simmetrix, Inc. is a leading provider of OEM component technology for simulation-based design and CAD/CAE integration. Customers are simulation modeling software developers that provide a broad range of analysis applications including mechanical, electro-magnetic, fluids and MEMS simulation. Simmetrix' flagship product is MeshSim, a fully automatic mesh generator providing meshing directly from solid models with support of mesh curving, mesh adaptivity and anisotropic boundary layer mesh generation. MeshSim generates meshes suitable for finite element, finite volume and boundary element analysis. Simmetrix also provides custom Simulation-Based Design system development for manufacturing corporations. Simmetrix, founded in 1997, has offices in Clifton Park, NY, Detroit, MI and Atlanta, GA. For more information, visit the Simmetrix web site at http://www.simmetrix.com or call 518-348-1639.