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MSA Providing Meltshop Blending Optimization System to Carpenter Technology Corporation PITTSBURGH, PA - August 20, 2007 - Management Science Associates, Inc.'s (MSA) Metals and Advanced Manufacturing Division is providing a Meltshop Blending Optimization System (BOS) to Carpenter Technology Corporation (NYSE: CRS) of Wyomissing, Pennsylvania. According to Patrick J. Gallagher, MSA Metals Division Vice President, the BOS includes several blending optimization models applicable to the meltshop facility, including an individual heat charge model, a planning model, and an alloy addition model. The optimization models used in these applications will determine the most cost effective mix of raw materials required to meet the identified chemical, schedule, and residual constraints. The BOS will be integrated with Carpenter's new Primary Melting Manufacturing Execution System (MES), a larger initiative that will integrate primary melting operations production information with an execution control and data acquisition system. "We are very excited to work with Carpenter Technology on this project," stated Gallagher. "They are an excellent candidate for MSA's state-of-the-art optimization models. Carpenter's long experience with optimization models in its facility enables them to fully comprehend and take advantage of some of the sophistication and abilities of our models, which employ the latest techniques in mathematical programming," stated Gallagher. MSA's Metals and Advanced Manufacturing Division is a Pittsburgh, Pennsylvania-based group that specializes in providing complete turnkey computer systems, process control and modeling services, system design, and facility-wide management systems to a variety of process and manufacturing industries. It is perhaps best known for its work in automating steel mills and its Raw Material Data Aggregation Service™ (RMDAS) for steel scrap, but it also provides services for e-commerce, chemical processes, pulp and paper industry, environmental services, laboratory information management, business intelligence, and other applications. The Division, and the groups within it, have provided such services since 1982. ABOUT MANAGEMENT SCIENCE ASSOCIATES, INC. (MSA) Management Science Associates, Inc. engineers and commercializes information-based models, processes and systems for industry and government. Since being incorporated in 1963, MSA has partnered with customers to identify areas in which innovative analyses and uses of data can foster growth or drive efficiency. Combining its expertise with the tools of information management, analytics, data management, software and systems technology, MSA develops, integrates, implements and maintains products and services in various functional and vertical domains. It helps customers put their data to work. With 850 employees, MSA provides solutions for over 300 clients, including many of the largest U.S. and foreign corporations and institutions. Headquartered in Pittsburgh, it also has offices in New York; Chicago; High Point, Atlanta; Cardiff, UK; Shanghai & Kuala Lumpur, Malaysia.