Moldflow Listed in the Boston Globe's "Best of Massachusetts Business'' Ranking

WAYLAND, Mass.--May 21, 2002--Moldflow Corporation (NASDAQ: MFLO), the world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced that The Boston Globe has named Moldflow Corporation on its annual "Best of Massachusetts Business" ranking. This report also lists Moldflow Corporation in its "Top 100 Return on Equity" category for Massachusetts businesses for the calendar year 2001. To be considered one of the Globe's "Best of Massachusetts" a company must have been publicly traded at the end of 2001, have revenues of at least $10 million, have reported a net profit in both 2000 and 2001, and have a long-term debt-to-equity ratio of less than 4:1.

"We are proud to be selected by The Boston Globe for this honor and to be named with other prominent Massachusetts companies such as the TJX Co's, Raytheon, FleetBoston Financial and many more," said Marc Dulude, Chairman and CEO of Moldflow. "As the leading software vendor to the plastics industry, Moldflow has remained focused on maximizing shareholder value in today's challenging and competitive economy. This distinction recognizes our success in those efforts."

About Moldflow Corporation

Moldflow (NASDAQ: MFLO) is the world's leading provider of software products and services to increase the speed, efficiency, quality and cost savings of the design and manufacture of injection molded plastic products. Companies use Moldflow's complete suite of products to address plastic part design issues at the earliest possible stage as well as to maximize productivity and profitability on the manufacturing floor. Its collaboration with academia, industry, and customers around the world has led to a reputation for constant innovation in the complete design-to-manufacture process. Headquartered in Wayland, Massachusetts, Moldflow has offices and research and development centers in the United States, Europe, Australia, and Asia. 

www.moldflow.com

 

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