HKS and Elysium Announce Technology Licensing Agreement Providing Interoperability for Advanced Simulation

Robust technology for geometry exchange extends ABAQUS/CAE capabilities

Torrance, Calif. and Pawtucket, R.I. – April 23, 2002 – Elysium Inc., developers of CADporter data translation software today announced an agreement with Hibbitt, Karlsson & Sorensen, Inc. (HKS), makers of the ABAQUS® suite of software for advanced mechanical simulation. HKS will integrate, license and market Elysium technology for the direct, seamless exchange of CAD geometry into ABAQUS/CAE, the interactive environment for creating, running and evaluating results from ABAQUS analyses.

This agreement will extend the capabilities of ABAQUS/CAE to enable native geometry import from major CAD products including CATIA, I-DEAS, Pro/ENGINEER, and Parasolid-based systems such as Unigraphics and SolidWorks.

“HKS customers look to ABAQUS/CAE when they need a complete, stand-alone environment for finite element modeling, solution and visualization using ACIS, STEP or IGES geometry import,” said Mark Goldstein, President and CEO of HKS. “Elysium technology will streamline the creation of ABAQUS finite element models by accessing native CAD geometry directly. Direct geometry transfer not only improves ease of use but also facilitates data integrity when sharing geometry between CAD and ABAQUS.”

“The integration of CADporter with ABAQUS/CAE establishes reliable interoperability for advanced simulation,” said Ken Tashiro, Vice President and COO of Elysium. "HKS customers will benefit from the proven robustness and quality of our software, which has matured over 18 years of use as a solution for CAD import and healing.”

About Hibbitt, Karlsson & Sorensen, Inc. (HKS)

Founded in 1978 and headquartered in Pawtucket, R.I., Hibbitt, Karlsson & Sorensen, Inc. (HKS) develops, markets and supports the ABAQUS® suite of advanced simulation software. The company also provides related implementation and engineering process services. ABAQUS software is used worldwide by leading manufacturers to simulate the performance of mechanical products and to achieve best engineering practices for mechanical design automation. Customers include automotive and off-highway manufacturers and suppliers; aerospace and defense firms; makers of consumer, electronics and medical products; raw material providers; and companies in the oil and civil engineering industries. HKS maintains sales and support offices throughout the USA, Europe and Asia. For more information about HKS and ABAQUS, visit www.abaqus.com.

About Elysium Inc.

Founded in 1984, Elysium (www.elysiuminc.com) develops, distributes and markets data translator software to enable collaborative engineering environments. Elysium has a successful track record with several major software companies including Adobe Systems, Autodesk, CoCreate, PTC, Spatial Corporation and SDRC. Its CADporter software exhibits superior 3-D geometry handling, management of different topology representations and the automatic healing of inconsistencies that regularly occur during the conversion of surface and solid CAD models. CADporter allows true interoperability between ACIS-based applications, CATIA, I-DEAS, Pro/ENGINEER, SolidWorks and Unigraphics with the industry's highest translation success rate. It enables accurate conversion of original source data, which makes sharing information among several widely used CAD applications an easier process. This rapid exchange facilitates improvement in designer productivity and reduces cost associated with incompatible translation tools. CADporter features the ability to read and write true native file formats.

ABAQUS® is a registered trademark of Hibbitt, Karlsson & Sorensen, Inc. All other company product or service names mentioned may be trademarks or service marks of others.