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Apr 14, 2006

Moldflow Misses

Moldflow had expected its Q2 revenue to be around US$17.8 million. It's now figuring on as much as 9% less -- $16.2-$16.4 million -- due to reduced sales in Europe and North America, particularly in the Manufacturing Solutions division.

The company at the same time announced that the vp of the the Manufacturing Solutions division, Tim Triplett, is stepping down "to pursue personal interests."

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