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Altair Expands Offering to Include Illumination Design & Analysis Software

Lambda Research Corporation Joins Altair Partner Alliance TROY, Mich. – February 6, 2019 – Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing and data intelligence, is pleased to welcome Lambda Research Corporation to the Altair Partner Alliance (APA).

Altair offers on-demand, complementary access to a broad spectrum of software applications from over 55 companies in Altair’s Partner Alliance. Altair’s customers are able to leverage a wide range of software tools from a centralized source, helping them reduce time to market, increase intelligent design, and make smarter decisions faster.

Lambda’s TracePro is used in a broad range of industries. Almost any application that uses light can take advantage of TracePros design, analysis, optimization, and virtual prototyping capabilities. TracePro can be applied to lighting, consumer electronics, automotive, aerospace, defense, medical, and energy industries.

“We are pleased to offer this tool to our customers as part of our new partnership with Lambda,” said Uwe Schramm, chief technical officer, Altair. “Light and optics simulation has become more and more important and this offering will round out our multi-physics portfolio.”

TracePro is a powerful illumination and non-imaging optical design and analysis program with an easy-to-use graphical interface. Its solid modeling, Monte Carlo ray tracing, and optimization features make it a versatile tool for illumination designers and optical analysts.

“Lambda is pleased to be able to offer TracePro to Altair HyperWorks users through the Altair Partner Alliance,” said Edward Freniere, president of Lambda Research Corporation. “It will also be exciting to see what Altair users can accomplish with TracePro using its powerful optical design environment to accelerate product development.”

An introductory webinar for TracePro will be held on February 28 at 10 a.m. EST. For more information about the software, please visit the product page for TracePro. APA-enabled HyperWorks customers can download TracePro here.

About Lambda Research Corporation
Lambda Research Corporation sets itself apart as a cost effective, single source solution for optical and illumination design. Lambda sells TracePro®, opto-mechanical software differentiated by its ease-of-use, CAD interface and accuracy in illumination design and RayViz™, an add-in for SOLIDWORKS that provides a bridge to TracePro and optical ray tracing in SOLIDWORKS. To learn more, please visit www.lambdares.com.

About Altair (Nasdaq: ALTR)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product lifecycles. Our broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation™ for our customers. With more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates 82 offices throughout 25 countries. Altair serves more than 5,000 customers across broad industry segments. To learn more, please visit www.altair.com.

Media Contacts:
Altair Corporate/North America/Asia Pacific
Biba A. Bedi
+1.248.614.2400 x 392

Altair Europe/the Middle East/Africa
Evelyn Gebhardt

Lambda Research Corporation
Edward Freniere