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Altair Expands Presence in Adriatic & Balkan Region with New Reseller, Weiss Simulation

TROY, Mich., June 25, 2019 -- Altair, (Nasdaq:ALTR) a global technology company providing solutions in product development, high-performance computing and data intelligence, today announced that, they signed a new reseller agreement for the entire Balkan & Adriatic region with Weiss Simulation d.o.o. Based in Zagreb, Croatia, Weiss Simulation will take over sales responsibility for the entire Altair portfolio, including Altair HyperWorks, Altair solidThinking, Altair PBS Works, and Altair SmartWorks. Customers of Weiss Simulation include companies in Albania, Bosnia & Herzegovina, Croatia, North Macedonia, Slovenia, and Serbia.

“With Weiss Simulation joining our reseller community we gain a strong partner for the Adriatic and Balkan markets,” said Kimon Afsaridis, regional managing director Eastern Europe, Altair. “I am confident that, with Weiss Simulation on board, we will grow our markets in the entire region and will be able to give our joint existing and future customers direct access to our product portfolio and service offerings.”

“Weiss Simulation is a start-up company committed to promoting Altair’s full range of software solutions in product engineering and industrial design,” said Željko Weiss, general manager Weiss Simulation. “As an official Altair channel partner for the Balkan & Adriatic region, we are supporting our customers with solutions from thermal and electronic simulations, manufacturing to IC and PCB design. With a new team of dedicated professionals who are experienced in sales and technical support Weiss Simulation provides consulting, implementation, and education to our customers to fulfill their needs faster, better and in a cost-effective manner.”

About Weiss Simulation
As an official Altair partner for the Balkan & Adriatic region, Weiss Simulation is supporting its customers with solutions from thermal and electronic simulations, manufacturing to IC and PCB design. In addition to providing Altair’s software solutions, Weiss Simulation offers consulting, implementation, and education to its customers. To learn more please visit http://wsimulation.eu/.

About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC) and data intelligence. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.

Media contacts:
Altair Corporate/ Americas/ Asia Pacific
Biba A. Bedi
+1.757.224.0548 x 406

Altair Europe/ The Middle East/Africa
Evelyn Gebhardt
+49 6421 9684351

Investor relations:
Dave Simon
+1 248.614.2400 x 332