MSC.Software announced today that it has called for redemption on June 16, 2006 (the "Redemption Date"), all of its outstanding 2 1/2% Senior Subordinated Convertible Notes due 2008. There are currently $67 million in aggregate principal amount of Notes currently outstanding. Holders will have their Notes redeemed at a redemption price of 100% of principal outstanding, plus interest accrued and unpaid thereon to, but not including, the Redemption Date. The Notes called for redemption may be converted at any time before the close of business on the last business day before the Redemption Date. Holders of the Notes may convert their Notes to shares of MSC Software Corp. common stock, at a conversion rate of 117.4398 shares of MSC Software Corp. common stock per $1,000 principal amount of the Notes. Notice of redemption will be mailed to all registered Holders of the Notes.