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

NATICK, Mass.—(BUSINESS WIRE)—April 25, 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(R), 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(R) 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 world's leading developer of technical computing and Model-Based Design software for engineers and scientists in industry, government, and education. With an extensive product set based on MATLAB and Simulink, The MathWorks provides software and services to solve challenging problems and accelerate innovation in automotive, aerospace, communications, financial services, biotechnology, electronics, instrumentation, process, and other industries.

The MathWorks was founded in 1984 and employs more than 1,600 people worldwide, with headquarters in Natick, Massachusetts. For additional information, visit www.mathworks.com

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The MathWorks, Inc.
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