Answer:
Yes, it is possible to create the nodal releases via the COM interface. Here is an example:
Sub nodal_release()
Dim iApp As RFEM5.Application
Dim iModel As RFEM5.model
On Error GoTo e
Set iApp = GetObject(, "RFEM5.Application")
iApp.LockLicense
test = iApp.GetModelCount
Set iModel = iApp.GetModel(0)
Dim iModeldata As RFEM5.iModeldata
Set iModeldata = iModel.GetModelData
' for setting a nodal release a member hinge is needed
' the object for the axis system could not be the same with the released one
Dim nodRel As NodalRelease
nodRel.Location = OriginalLocationType
nodRel.AxisSystem = LocalFromLine
nodRel.AxisSystemFromObjectNo = 2
nodRel.Comment = "test nodal release"
nodRel.MemberHingeNo = 1
nodRel.NodeNo = 1
nodRel.ReleasedMembers = 1
iModeldata.PrepareModification
iModeldata.SetNodalRelease nodRel
iModeldata.FinishModification
e: If Err.Number <> 0 Then MsgBox Err.Description, , Err.Source
iApp.UnlockLicense
End Sub
Please note that the local axis system may not refer to the same elements as the ones that are released.