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OpenEye Scientific Software Applications To Be Integrated with Altair Engineering’s PBS Professional

Grid technology will manage HPC workloads for molecular modeling and cheminformatics. TROY, Mich., (May 15, 2007) - Altair Engineering, Inc., a leading global provider of technology and services that strengthen client innovation and decision-making, today announced that it has formed a partnership with OpenEye Scientific Software to integrate several of OpenEye’s applications with Altair’s PBS Professional grid technology. The partnership will ensure that applications such as Fast Rigid Exhaustive Docking (FRED), Omega and Rapid Overlay of Chemical Structures (ROCS) run efficiently with PBS Professional. Joint customers will benefit from an enhanced ability to solve complex research problems more quickly and efficiently by distributing their computational workload across a grid managed by PBS Professional.

OpenEye provides molecular modeling and cheminformatics software to the pharmaceutical industry. FRED is a leading protein-ligand docking program that exhaustively scores all possible positions of each ligand in the active site. Omega is a general purpose conformer-generation program that is specifically designed for use with the large libraries required for computer-aided drug design. ROCS is a shape-comparison program that enables large-scale 3D database searches and finds similar but non-intuitive compounds. These programs, combined with PBS Professional, allow scientists to rapidly analyze huge libraries of molecules.

"We are pleased to have our software integrated with PBS Professional. Having the speed and flexibility to manage and process massive amounts of drug development and research data is essential to the success of life science companies. This integration with PBS Professional will give our customers a great option for the effective use of their computational resources." said Dr. Mathew Stahl, senior vice president and head of Strategic Development for OpenEye Software.

PBS Professional is an open workload management solution for high-performance computing (HPC) environments. The software maximizes the utilization of computing resources by intelligently scheduling and managing computational workload. By increasing the efficiency of the hardware and software resources, PBS Professional reduces total cost of ownership and provides true business value to grid computing customers in a variety of industries.

"Working with innovative software companies like OpenEye allows us to provide the solutions that the life science customers are seeking," said Dr. Bill Nitzberg, chief technology officer of Altair’s PBS GridWorks business unit. "Pharmaceutical and biotechnology companies have realized that grid computing can be an important source of competitive advantage in drug development and research."

About OpenEye Scientific Software

OpenEye Scientific Software was founded in 1997 to develop large-scale modeling applications and toolkits. Primarily geared towards drug discovery and design, areas of application include structure generation, docking, shape comparison, charge and electrostatics, chemical informatics and visualization. The software is designed for scientific rigor, as well as speed, scalability and platform independence. OpenEye makes most of its technology available as toolkits - programming libraries suitable for custom development. OpenEye software typically can be distributed across multiple processors with PVM, supports 64-bit processing, and runs on Linux, Windows and Mac OS X, as well as HP/Compaq, IBM, SGI and SUN flavors of UNIX. For more information, please visit www.eyesopen.com.

About PBS GridWorks

PBS GridWorks provides a suite of technologies that allows enterprise clients to maximize their ROI on computing assets through policy-based grid technology. The suite includes OpenPBS, PBS Professional, e-Compute and Scali Manage. PBS GridWorks products and services are widely deployed within a number of industries, including manufacturing, government, academia, life sciences, energy, digital media and finance. Altair's mature partner network ensures seamless integration and ease of deployment.

About Altair Engineering

Altair Engineering, Inc. strengthens client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,200 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 and grid computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.

Diane Forbes
Altair Engineering, Inc.
+1.248.614.2400, ext. 464

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