SimuTech Group Acquires Software Distribution Business Unit from Belcan Corporation

SIMUTECH GROUP (a dba of STI Technologies, Inc., Rochester, NY) recently announced that it has acquired a software distribution business unit from Belcan Corporation (Cincinnati, OH). The primary component of the Chicago-based business unit is a channel partner distributor of ANSYS, Inc. (Nasdaq: ANSS), a global innovator of engineering simulation software and technologies designed to optimize product development processes. The new business unit (SimuTech Group – Chicago Office) will join eight existing SimuTech Group offices throughout North America that focus on distributing and supporting engineering simulation software from ANSYS. In addition, the companies provide engineering consulting and training in finite element analysis (FEA) and computational fluid dynamics (CFD) techniques based on tools from ANSYS.

While all SimuTech Group offices historically have provided high-end service and support for ANSYS engineering simulation software to their respective customers, the addition of another location with its associated engineering expertise will allow for greater synergy with respect to internal areas of expertise, a broader customer base and even better customer support services. The combined staff now offers customers a wealth of technical expertise (such as structural or CFD) as well as industry-specific proficiency (such as electronics, turbomachinery or aerospace). Ken Lally, CEO of SimuTech Group stated, "The combination of engineering expert resources that has been added with this acquisition will allow us to further increase our value to customers with a broader range of engineering consulting services and greater application expertise to support the latest product additions from ANSYS." SimuTech Group – Chicago will retain its local sales and engineering capabilities to provide the highest levels of customer sales, service and support while leveraging the resources and capabilities of the other office locations.

As part of the transaction, SimuTech Group and Belcan Corporation have entered into a partnering agreement to provide services to each other. Belcan routinely uses advanced analysis techniques, including simulation software from ANSYS. Both companies have mutual interests and capabilities that can result in quicker services for their clients.

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SimuTech Group office locations:

Rochester, NY www.sti-tech.com

Chicago, IL www.simutechgroup.com

Toronto and Montreal, Canada www.roieng.com

Seattle, WA and Denver, CO www.jlrcom.com

Cleveland and Cincinnati, OH www.ohiocae.com

Atlanta, GA www.aetechnology.com

About SimuTech Group, Inc.

SimuTech Group, Inc. is the largest reseller in North America of engineering simulation software from ANSYS. To complement sales and support of this technology, the company provides training, mentoring, consulting, and testing services. With more than 65 employees, over 50 percent of staff hold advanced degrees in fields such as engineering and sciences; many also have extensive industry expertise, including the aerospace, turbomachinery, automotive, electronics packaging and medical industries. Headquartered in Rochester, N.Y., U.S.A., the company has nine offices in North America. Visit www.SimuTechGroup.com for more information.

About ANSYS, Inc.

ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 40 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ approximately 1,400 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit www.ansys.com for more information.

ANSYS, ANSYS Workbench, AUTODYN, CFX, FLUENT and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

About Belcan Corp www.belcan.com

Belcan Corporation provides full-service engineering, design and build, application technology, technical and temporary staffing, information technology, and multimedia services worldwide. Headquartered in Cincinnati, Ohio, Belcan currently has fifty-eight offices and locations around the world and continues to grow with annual sales nearing $400 million and more than 6000 employees worldwide. Belcan's focuses on helping businesses get better results from their resources. They provide worldwide engineering services specializing in design engineering, engineering analysis, computer modeling and advanced manufacturing techniques. Belcan provides a diverse set of integrated specialty equipment engineering services focused on developing and enhancing our clients manufacturing capabilities. Belcan also helps with the staffing, multimedia and IT technology needs of businesses in any industry.