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The MathWorks Acquires PolySpace Technologies, Leading Developer of Embedded System Code Verification Tools

CAMBRIDGE, United Kingdom. - (25 Apr 2007)

The MathWorks today announced that it has acquired PolySpace Technologies, a software company based in Grenoble, France that provides embedded software tools for the automatic detection of run-time errors at compile time. 

“For companies building high-reliability and safety-critical embedded systems, high-quality, bug-free software is essential,” said Jack Little, chief executive officer of The MathWorks. “PolySpace tools detect the types of run-time errors that are responsible for 30 to 40 percent of all software errors. This acquisition enables a tighter coupling of the PolySpace automatic verification tools to Simulink®, aimed at reducing the verification bottlenecks in embedded system development workflows.   We’re also fully committed to error detection in hand-written code, supporting embedded system developers who are not users of the MATLAB® and Simulink products.”

“We’re very happy to be joining The MathWorks,” said Daniel Pilaud, chief executive officer of PolySpace Technologies, “and we believe our users will benefit from the resources that The MathWorks brings to improve the development and verification processes for real-time embedded systems. The MathWorks has a very loyal customer base, a proven track record of innovation, and a company culture that matches well with our own.”

PolySpace tools are currently used worldwide in aerospace, automotive, defense, transportation, consumer electronics, telecommunications,and medical devices.PolySpace products include PolySpace for Hand-Written Code, PolySpace for Model-Based Design, and PolySpace for UML.

For additional information about PolySpace products, visit www.polyspace.com.

About The MathWorks

The MathWorks is the leading developer of mathematical computing software. MATLAB, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a graphical environment for simulation and Model-Based Design of multidomain dynamic and embedded systems. Engineers and scientists worldwide rely on these product families to accelerate the pace of discovery, innovation, and development in automotive, aerospace, electronics, financial services, biotech-pharmaceutical, and other industries. MathWorks products are also fundamental teaching and research tools in the world's universities and learning institutions. Founded in 1984, The MathWorks employs more than 2,000 people in 15 countries, with headquarters in Natick, Massachusetts, USA. For additional information, visit www.mathworks.com.

MATLAB and Simulink are registered trademarks of The MathWorks, Inc. See www.mathworks.com/trademarks for a list of additional trademarks. Other product or brand names may be trademarks or registered trademarks of their respective holders.

Press Contacts

Debbie Davies The MathWorks Ltd. Matrix House Cambridge Business Park Cambridge, CB4 0HH UNITED KINGDOM Phone: +44 (0) 1223 226722 Fax: +44 (0) 1223 226710 E-mail: Debbie.Davies@mathworks.co.uk

The Triangle 5-17 Hammersmith Grove London W6 0LG UNITED KINGDOM Tel: +44 (0)20 8846 0700 Email: londonthemathworks@text100.co.uk