Firehole Technologies Partners with SmartCAE to Launch Advanced Composites Simulation Software in Europe

Italian company becomes a Firehole Certified Reseller of Helius:MCT™

Laramie, WY — May 27, 2009 — Firehole Technologies, Inc. (www.fireholetech.com), a leader in advanced composite analysis and simulation, announced a partnership with SmartCAE (www.smartcae.com) to market and sell Firehole’s Helius brand of advanced composites simulation software. The Prato, Italy based company is the first company chosen as a Firehole Certified Reseller.

"We are very excited about expanding our reach into Europe, and specifically into Italy with SmartCAE," said Jerad Stack, CEO of Firehole Technologies. "In many respects, Europe is years ahead of the US in their use of composite materials and SmartCAE is the perfect partner to help us capitalize on this market."

"The staff at SmartCAE has extensive experience in composites analysis and they truly understand the value that improved simulation results can provide to a wide variety of industries. We are looking forward to jointly solving the composites design challenges of their Italian customers," added Emmett Nelson, Firehole’s COO.

"We are proud to have been selected by Firehole to support their technology in Italy. This new partnership confirms our focus and competence in the analysis and simulation of composite materials," said Francesco Palloni, SmartCAE’s Business Development Manager.

SmartCAE has a long history of quality customer support to a broad range of composite users across Europe. Their dedication to composite analysis expertise led to their selection as a Firehole Certified Reseller - tasked to provide the highest level of service to the end users of Helius products.

"A simple, robust and predictive simulation tool, able to accurately identify the failure and the post-failure behavior of general composite structure was an analyst’s dream until now. The innovative Firehole multi-scale approach provides an outstanding value to our customers because of its proven effectiveness and sound physical basis," concluded Simone Ragionieri, SmartCAE’s General Manager.

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About Firehole Technologies Inc.

Firehole Technologies supplies innovative computer-aided simulation software and services for composite materials to the aerospace, defense, automotive and energy industries. Firehole’s Helius:MCT™ software enables the design of composite structures without the numerous expensive testing cycles traditionally deployed, allowing for a faster time-to-market and more reliable designs. The company’s mission is to enable wide-spread use of composite materials leading to lighter, stronger and more fuel efficient applications. For more information, visit www.fireholetech.com.

About SmartCAE srl

SmartCAE supplies innovative CAE "solutions", by means of combining state-of-art software products, training and consulting services. Today SmartCAE provides to its customers over 40 man-years of expertise in the CAE, and a complete software portfolio for the simulation of a wide range of engineering problems. In addition to Firehole’s Helius products, SmartCAE is also a reseller of other Computer Aided Engineering (CAE) packages such as NEi NASTRAN and Laminate Tools, as well as a provider of consulting services for some of Italy’s top composites users like Formula 1 race cars and America’s Cup yachts.

Contacts:

Jason Gies
Firehole Technologies Inc.
+1-307-460-4763

Francesco Palloni
SmartCAE srl
+39-0574-404642