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Exa Appoints Michelle Woods Burnett as Vice President of Human Resources

BURLINGTON, Mass., Oct. 6, 2014 (GLOBE NEWSWIRE) -- Exa® Corporation (Nasdaq:EXA), a global innovator of fluid simulation solutions for product engineering, announced today the appointment of Michelle Woods Burnett as Vice President of Human Resources effective today. In this role, Ms. Burnett will report to the Chief Financial Officer, Richard F. Gilbody, and be responsible for the company's global HR function.

With over 18 years of senior human resources leadership and experience in high growth organizations operating globally, Ms. Burnett brings both a strategic and operational human capital perspective to the company. She joins Exa from Kiva Systems, a subsidiary of Amazon, where she was the senior Human Resources executive. Prior to Kiva she led the HR departments for Lemaitre Vascular and Arbor Networks as well as various roles across all HR functions in both the technology and healthcare sectors.

"Michelle joins Exa at an exciting and important time for the company. Her experience and leadership in managing growth cycles will be extremely valuable as the company scales," remarked Richard Gilbody, Chief Financial Officer of Exa. "Our human capital continues to be a success factor for Exa and Michelle's experience will contribute significantly to our strategy and execution in this important area."

"Exa's team of highly educated employees is critical to executing their growth strategy. I am pleased to join the company at this important time and look forward to working with management and employees at all levels to bring a new HR perspective to Exa," stated Michelle Burnett.

Ms. Burnett earned her Bachelor of Science degree in Management from Siena College in New York.

About Exa Corporation

Exa 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® with PowerCLAY®, PowerVIZ®, PowerSPECTRUM®, PowerACOUSTICS®, PowerINSIGHT®, PowerCOOL® and PowerTHERM® along with professional engineering consulting services. A partial customer list includes: 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: info@exa.com; URL: www.exa.com; (Nasdaq:EXA)

Exa, PowerFLOW, PowerCLAY, PowerTHERM, PowerCOOL, PowerSPECTRUM, PowerDELTA, PowerVIZ, PowerACOUSTICS and PowerINSIGHT are registered trademarks of Exa Corporation.

CONTACT: For more information about Exa Corporation or images please contact: Michelle Murray-Ross, Exa Corporation, 1.781.564.0251; michelle@exa.com

Source:Exa Corporation

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