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Altair Picks Malaysia As Hub In Southeast Asia

-- Regional Office in Kuala Lumpur to Focus on Innovative Product Design

TROY, Mich., Aug. 28, 2014 /PRNewswire/ -- Altair Engineering Sdn Bhd, a wholly-owned subsidiary of leading US-based simulation technology and engineering services company Altair, has chosen Kuala Lumpur as its new regional headquarters to spearhead its expansion plan in Southeast Asia. The new office in Plaza Sentral will also serve as Altair's training and technical support center for the region.

Altair's Managing Director for the Association of Southeast Asian Nations (ASEAN) region, Australia and New Zealand, Srirangam Srirangarajan, explained, "The new office in Kuala Lumpur is significant to Altair's future growth in Southeast Asia. We are confident that this expansion will enhance our local presence and help us penetrate new market segments such as electronics and aerospace. Malaysia's robust infrastructure, open policy to foreign business, strong talent pool and connectivity with other ASEAN markets makes it the ideal location for Altair's regional operation. In addition, Malaysia has the potential to produce innovatively designed products that can compete at an international level, and Altair is happy to lend its experience and expertise towards achieving this goal," he said.

Altair Engineering Sdn Bhd is a MSC-status company and number one in computer-aided engineering (CAE) in Southeast Asia, providing both software and engineering services. Altair has served the Malaysian market since 2012, providing a rich portfolio of advanced engineering software and on-demand computing technologies to both private and public sector clients.

Commenting about the company's expansion plans, Srirangam continued, "According to our market research, the CAE market is growing rapidly in Malaysia and throughout Southeast Asia. We are seeing CAE technologies moving aggressively into non-traditional domains like consumer products, architecture, civil engineering, and construction, to name a few."

Local businesses are feeling increasing global competitive pressure to deliver reliable products quickly while keeping costs low. CAE solutions bridge the gap by reducing product design and development cycle time as well as testing and analysis time.

"As Malaysia moves towards establishing itself as a high-technology manufacturing hub, companies in the aerospace, biotechnology, electronics, and information and communications technology industries are turning to CAE software to improve the quality of innovation and maintain cost-efficiency. CAE software enables companies to analyze and test a product for reliability, durability and quality, which helps increase their competitive edge," he added.

Commenting on local growth areas, Srirangam said, "In Malaysia, we see very good prospects in the automotive, manufacturing, and oil and gas sectors. Malaysia also has the capacity to become a major player in aerospace and electronics. Altair is committed to bringing innovation to our clients. We believe that sharing our expertise and technical know-how to help clients develop a design-based innovation culture within their organizations delivers increased return on investment and performance," he concluded.

Altair Engineering Sdn Bhd's new ASEAN regional headquarters is located at 3B-10-7, Tower 3B, Level 10, Plaza Sentral, Jalan Stesen Sentral 5, KL Sentral, 50470 Kuala Lumpur.

About Altair Engineering Sdn Bhd

Founded in 2012, Altair Engineering Sdn Bhd is a MSC-status company providing enhanced engineering solutions, on-demand computing technologies and enterprise analytic solutions for companies across a range of industry sectors such as automotive, defense, oil and gas and consumer goods, all of which play a dominant role in Malaysia's economy. Altair Engineering Sdn Bhd is a wholly-owned subsidiary of US-based Altair.

About Altair

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,300 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 40 offices throughout 22 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.


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ISO-TECH High-reliability and Cost-effective Clamp Meters from RS Components Enable Safe and Fast Current Measurements

Ideal for use by electricians and maintenance professionals, ergonomically designed and easy-to-use multimeters also provide highly accurate voltage and resistance measurement and continuity testing ...

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Frost & Sullivan: PXI Lowers Cost and Time to Market, First Choice in Test & Measurement Industry

-- Market participants devise various strategies to lower the burden of integration on customers

MOUNTAIN VIEW, California, Aug. 19, 2014 /PRNewswire/ -- Original equipment manufacturers (OEM) across industries are adopting PCI extensions for instrumentation (PXI)-based instrumentation as its measurement speed, small footprint, low power consumption, and flexibility reduce the time to market and overall cost of tests. In particular, companies in the wireless communications space are turning to these solutions to satisfy new test requirements for radio frequency (RF) wireless technologies.

New analysis from Frost & Sullivan, PXI Market to Change the Face of the Test and Measurement Industry, finds that the market earned revenues of $563.3 million in 2013 and estimates this to reach $1.75 billion by 2020.

For complimentary access to more information on this study, please follow this link: http://bit.ly/1tfkKSt.

"Besides the uptake in RF wireless communications, the global PXI market will get a leg up from new programs in aerospace and defense and integration of wireless technologies in the industrial and consumer electronics industries," said Frost & Sullivan Test & Measurement Industry Director Jessy Cavazos. "Additionally, it is finding opportunities in the semiconductor automatic test equipment market."

However, test engineers' trust in traditional box instruments they have used effectively for decades is slowing down the transition to PXI test systems. In due course, the emergence of a new generation of test engineers that is more comfortable with computers will mitigate this challenge.

"Meanwhile, the more complex process of integrating PXI test systems, in comparison to rack-and-stack test systems, can be a challenge for customers," pointed out Cavazos. "To ease the process of integration, market participants across the globe are offering different levels of integration services and tools that enable customers to assemble PXI test systems quickly with minimal effort."

Additionally, participants are offering subsystems, hardware/software bundles, and box solutions that use PXI in their internal architecture to lessen the burden of integration on customers.

Via organic means and partnerships, PXI manufacturers deliver multiple options ranging from individual components to fully integrated test systems. Furthermore, they are looking to expand the total addressable market by rolling out new PXI instruments with enhanced capabilities and increasing customer awareness on the benefits of PXI-based instrumentation.

PXI Market to Change the Face of the Test and Measurement Industry is part of the Test & Measurement (http://www.testandmeasurement.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Global Radio Frequency Testing Market, Analysis of the Global Oscilloscopes Market, Quantifying the Global Opportunity for LXI, and Global Wireless Test Equipment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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PXI Market to Change the Face of the Test and Measurement Industry
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BBC Selects Mindtree for Digital Testing Services

BANGALORE, India and LONDON, Aug. 12, 2014 /PRNewswire/ --

- Multi-year, multi-million contract awarded as part of the BBC digital services framework initiative

Mindtree, a global information technology services company, announced that it has been selected by BBC to test a range of its digital products.

(Logo: http://photos.prnewswire.com/prnh/20140416/681203)

As part of this non-exclusive engagement, Mindtree will deliver and support testing of digital products and applications. Digital products include applications and websites that run on a wide variety of digital and broadcast platforms. Some of them are desktop computers, mobile devices, cloud, integrated digital TV, internet protocol TV, terrestrial, cable, satellite TV and the web.

Mindtree testing services will include functional, non-functional, test management, exploratory, automation and load testing. BBC selected Mindtree for its testing capabilities, test tools expertise and the ability to effectively deliver the engagement.

Ramesh Menon, Senior Vice President and Head of Technology & Media, Mindtree said, "We are excited to be part of the BBC digital services framework. Millions of citizens globally benefit from BBC and we hope to enrich their experience with our superior digital testing capabilities."

Richard Smith, Head of Market Engagement, BBC covers the program details on digital services framework at his blog.

About Mindtree 

Mindtree [NSE: MINDTREE; CIN: L72200KA1999PLC025564] delivers technology services and accelerates growth for Global 1000 companies by solving complex business challenges with breakthrough technical innovations. Mindtree specializes in e-commerce, mobility, cloud enablement, digital transformation, business intelligence, data analytics, testing, infrastructure, EAI and ERP solutions. We are among the fastest growing technology firms globally with more than 200 clients and offices in 14 countries.

Visit us at http://www.mindtree.com.

For more information, contact:

Sweta Mohanty
Mindtree
+91-98865-20141
Sweta_Mohanty@mindtree.com

Kiran Farooque
PPR Worldwide
+44(0)207-300-6181
Kiran.Farooque@pprww.com

Siddhartha Tanti
Genesis Burson-Marsteller
+91-99863-62435
Siddhartha.Tanti@bm.com

Pamela Fieldhouse
PPR Worldwide
+44(0)207-300-6181
Kiran.Farooque@pprww.com

David Barkoe
Max Borges Agency
+1-305-374-4404 x167
davidbarkoe@maxborgesagency.com

Mindtree Limited, Global Village, RVCE Post, Mysore Road, Bangalore-560059; CIN: L72200KA1999PLC025564; Phone: +91-80-6706-4000; Fax: +91-80-6706-4100; E-mail: info@mindtree.com / investors@mindtree.com; Website: http://www.mindtree.com

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