Altair Announces Winners of 8th Annual Altair Enlighten Awards

TROY, Mich., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, is pleased to announce the winners of the 2020 Altair Enlighten Awards. Presented jointly with the Center for Automotive Research (CAR), the 8^th Annual Enlighten Awards acknowledge the world’s best initiatives to reduce vehicle weight and meet emissions targets, inspiring breakthrough advancements that push the industry towards a more sustainable future.

“As we sit at the crossroads of science, engineering, art, and design, creating a more sustainable future is the essence of Altair as we are a pioneer in lightweighting technologies and methodologies,” said James Scapa, founder and chief executive officer of Altair. “I am proud to see that the Altair Enlighten Awards have become a sought-after recognition that acknowledges the world’s greatest automotive lightweighting innovations, while inspiring interest from industries, engineers, policymakers, educators, students, and the public.”

Presented in four categories, the Enlighten Awards recognize commercial automotive lightweighting achievements and technologies. The 2020 winners include:

“We are proud to offer the automotive industry’s only award dedicated to vehicle lightweighting and are thrilled to see how many advancements are made through the use of optimization technologies,” said Richard Yen, Altair senior vice president, global industry verticals. “Each year the entries are more and more impressive, making it increasingly difficult to select the winners as entrants are making great strides in lightweighting, and using inventive approaches through simulation and materials.”

“On behalf of myself and the Toyota North American Research and Development team, it is an honor to accept this Altair Enlighten Award for the resin back-frame in the new Toyota Sienna 3^rd row seat. We are excited to release this industry-leading seat back that focuses on customer satisfaction with lighter touch and ease of operation,” said Todd Muck, senior principal engineer, Toyota TSPO – Advanced Development Group. “Strong teamwork and collaboration allowed us to accept the monumental challenge of lightweighting and improved performance while still achieving a lower cost. The final design, which demonstrates a reduction in ​both weight and cost, is a testament to our entire Toyota development team and the invaluable support of our supplier partner, BASF. We turned a dream into reality by creating something entirely new for this vehicle segment.”

“Design optimization is critical for every new product in the automotive industry and lightweighting is a key component. We are honored to collaborate with Altair in acknowledging these design innovations in the automotive sector,” said Carla Bailo, president and chief executive officer at CAR. “CAR’s multidisciplinary approach gives us a clear viewpoint on critical issues facing the global automotive industry and it is thrilling to see advancements in lightweighting making an immediate impact.”

Winners will be announced in an awards ceremony on August 4, 2020 at 7:30 a.m. ET, which can be viewed for free here: https://www.cargroup.org/mbs/2020-enlighten-award/. For more information on the Enlighten Award, please visit https://www.altair.com/enlighten-award/.

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 analytics. 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.

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