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Altair and DIIT Sign Channel Partner Agreement for the Aerospace Industry in China


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ir@altair.com


Expanding business to provide better services to the aerospace industry

Troy, Mich. – June 3, 2020 – Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, today announced it signed a new channel partner agreement for China region with Beijing Digital Insight Information Technology Co., Ltd (DIIT). Having collaborated with Altair for many years, DIIT will assume Altair’s sales responsibilities for the aerospace industry in China region.

The agreement-signing ceremony coincided with the Altair 2020 Global Experience. Altair invited representatives from DIIT to watch the opening keynote from James Scapa, Altair founder, chairman and chief executive officer. The global experience showcased the most significant update release of software in Altair’s history, introducing the latest technologies and applications of its products. After the ceremony, representatives from both Altair and DIIT further discussed the cooperation for the future.

Altair’s comprehensive, open-architecture solutions for computer-aided engineering (CAE), HPC, and data analytics, enables design and optimization for high performance, innovative, and sustainable products and processes in an increasingly connected world. In April 2012, DIIT became a reseller for Altair PBS Works™, providing better solutions in high-performance computing for customers. The new agreement not only helps each company expand its business, but also helps to accelerate China's aerospace industry, providing better services and more advanced technologies to more aerospace users.

"The comprehensive cooperation with DIIT will further promote our complete solutions from CAE, HPC, data analytics, and IoT, which will meet the countless unique demands of aerospace customers,” said Dr. Liu Yuan, general manager, Altair, Greater China.

“We are excited to continue our cooperation with Altair. DIIT has always committed itself to the informationization construction in the aerospace industry in China, and the cooperation will definitely provide more accurate technologies and consulting services for aerospace customers," said Jin Haicheng, chairman of DIIT.

About Beijing Digital Insight Information Technology Co., Ltd (DIIT).
Beijing Digital Insight Information Technology Co., Ltd was founded in 2007, is a senior software solution supplier in China. The business of DIIT mainly focuses on comprehensive HPC solutions and CAE simulation solutions. Following the "user-centered" development strategy, DIIT always pay attention to technical management and professional service input and have advanced technical support system and rich project implementation experience, which can provide users with professional comprehensive solutions and product development services.


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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