BURLINGTON, Mass., July 19, 2013 (GLOBE NEWSWIRE) -- Exa ® Corporation (Nasdaq:EXA) is pleased to report that in an astonishing 8:13.878 minutes, Peugeot's Sport's 208 T16 Pikes Peak racecar set a new world record at the International Hill Climb race in Colorado on June 30th. This racecar was optimized for maximum downforce solely through PowerFLOW ® aerodynamic simulations.
About Exa CorporationExa Corporation develops, sells and supports simulation software and services to enhance product performance, reduce product development costs and improve the efficiency of design and engineering processes. Our simulation solutions enable our customers to gain crucial insights about design performance early in the design cycle, thus reducing the likelihood of expensive redesigns and late-stage engineering changes. As a result, our customers realize significant cost savings and fundamental improvements in their engineering development process. Our products include, PowerFLOW ®, PowerDELTA ®, PowerCLAY ®, PowerVIZ ®, PowerSPECTRUM ®, PowerACOUSTICS ®, PowerINSIGHT ®, PowerCOOL ® and PowerTHERM ® along with professional engineering consulting services. A partial customer list includes: AGCO, BMW, Ford, Hyundai, Jaguar Land Rover, Kenworth, MAN, Nissan, Peterbilt, Renault, Scania, Toyota, Volkswagen, and Volvo Trucks. Founded in 1991, the company is headquartered at 55 Network Drive, Burlington, MA, USA 01803. Tel: 1.781.564.0200; Fax: 1.781.564.0299; Email: firstname.lastname@example.org; URL: www.exa.com; NASDAQ:EXA For more information on Peugeot Sport: Please visit the Peugeot Sport website at: www.peugeot-sport.com For more information about Exa Corporation or images please contact: Michelle Murray-Ross, Exa Corporation, 1.781.564.0251; email@example.com Exa, PowerFLOW, DIGITAL PHYSICS, PowerDELTA, PowerCLAY, PowerVIZ, PowerINSIGHT, PowerCOOL, PowerTHERM and PowerACOUSTICS are registered trademarks of Exa Corporation