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Altair Engineering Partners with Permedia Research Group to Integrate PBS ProfessionalTM with MPath Geosciences Simulator

Grid technology manages HPC workload to help scientists be more efficient in finding petroleum resources. TROY, Mich., (June 22, 2006) - Altair Engineering, Inc., a leading global provider of technology and services that strengthen client innovation and decision-making, today announced that it has formed a partnership with Permedia Research Group, Inc., the developer of MPath, to integrate Altair’s PBS ProfessionalTM grid technology into MPath’s Distributed Risk Module (DRM). The partnership will ensure PBS Professional’s ongoing support of DRM and provide a road map with which Permedia can take advantage of advanced workload management technology.



MPath is the industry-leading petroleum migration and reservoir filling simulator, capable of handling very high-resolution models of complex petroleum systems. Using MPath’s built-in risking capability, upstream companies can generate and rank hundreds of realizations to constrain cases where large uncertainties exist in the input parameters, which is typical for any exploration scenario. Integrated with PBS Professional, DRM can generate more realizations in less time by running multiple simulations concurrently on a distributed computing grid.



PBS Professional is an open workload management solution for high-performance computing (HPC) environments. The software maximizes the utilization of computing resources by intelligently scheduling and managing computational workload in a number of industries. By increasing the efficiency of the hardware and software resources, PBS Professional reduces total cost of ownership and provides true business value to grid computing customers.



"Petroleum companies rely on HPC resources to make mission-critical exploration decisions," said Permedia Managing Director Dr. Dan Carruthers. "Their processes require massive compute resources and long runtimes. Powerful, easily accessed compute resources are essential to exploration decisions that have significant monetary consequences. By integrating PBS Professional with MPath, our customers can run more simulations with their existing hardware and make better decisions. We are delighted to have partnered with Altair to make this happen."



"PBS Professional was designed specifically for HPC environments like oil and gas exploration, where large amounts of data must be processed across a broad spectrum of input parameters to ensure a successful project outcome," said Michael Humphrey, vice president of Altair’s PBS GridWorks business unit. "Altair is pleased to partner with Permedia, because that partnership will allow our customers to make better-informed decisions through simulation technology."



About Permedia Research Group

The Permedia Research Group was founded in 1998 to develop MPath. Based on research by Dan Carruthers, Ph.D., MPath was the first commercial solver to use modified invasion percolation algorithms to simulate migration and reservoir filling. Today, MPath is used by leading petroleum exploration companies worldwide. To learn more, please visit www.permedia.ca.




About PBS GridWorks

PBS GridWorks provides a suite of technologies that allows enterprise clients to maximize their ROI on computing assets through policy-based grid technology. The suite includes OpenPBS, PBS Professional, e-compute, Scali Manage and a variety of professional services. PBS GridWorks products are widely deployed within a number of industries, including manufacturing, government, academia, life sciences, energy, digital media and finance. Altair’s mature partner network ensures seamless integration and ease of deployment.




About Altair Engineering

Altair Engineering, Inc. strengthens client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 800 employees, Altair has offices throughout North America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software and grid computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.

Diane Forbes

Altair Engineering, Inc.

(248) 614-2400, ext. 464

dforbes@altair.com