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Altair Announces Completion of CFO Transition

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TROY, Mich., March 17, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data analytics and artificial intelligence, today announced the completion of its previously announced CFO transition. Matthew Brown, who joined Altair in January 2021, has succeeded Howard Morof as Altair’s chief financial officer.

Altair also announced today that Brian Gayle, a senior vice president with more than 5 years of service with Altair’s accounting team, has been designated to succeed Mr. Morof as Altair’s principal accounting officer.

About Altair (Nasdaq: ALTR)

Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics and artificial intelligence. 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

Altair Media Contact
Corporate
Jennifer Ristic
+1.216.849.3109
jristic@altair.com

Altair Investor Relations
The Blueshirt Group
Monica Gould +1 212.871.3927
ir@altair.com


Altair Engineering Inc.

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About ALTR

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 2,500 employees, altair has more than 45 offices in 24 countries throughout north america, south america, europe and asia/pacific. with a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defense, and consumer products verticals. altair also has a growing client presence in the life sciences, financial services and energy markets.