MTI Systems awarded contract from major aerospace OEM to provide Should-Cost Estimating Services.

MTI Systems, Inc. announced today that it has entered into an agreement to provide cost engineering services for a leading global manufacturer of aircraft engines.

"This award is indicative of the type of experience and value that the cost engineering side of our business provides OEM's," said Tom Charkiewicz, CEO of MTI Systems. "By working closely with our customers we are able to provide the cost data they need to analyze and ultimately lower product costs."

ShouldCost Estimating Service (SES), a division of MTI Systems, provides cost engineering services for mid-to-large sized manufacturing organizations worldwide using the company's proprietary cost estimating software solution, Costimator OEM. The service provides costing data that supports the development of parts and assemblies throughout the product lifecycle - from design to production.

About MTI Systems

MTI Systems, Inc. is a world-leader in the development of innovative cost-estimating software and cost engineering services, providing competitive-edge solutions for manufacturing since 1982. For more details on the company's products and services, contact David LaJoie at MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, Ph 413-693-0617, Fax 413-739-7250, email: david.lajoie@mtisystems.com, or visit HYPERLINK "http://www.mtisystems.com" www.mtisystems.com.