Nov 12, 2008

The MathWorks Opens Office in Bangalore, India

Company Continues Asia Expansion to Increase Direct Service and Support to Growing MATLAB and Simulink Customer Base

Bangalore : The MathWorks, the world's leading developer of software for technical computing and Model-Based Design, today announced the opening of a new office in Bangalore, India, that will be responsible for selling and supporting the Company's MATLAB and Simulink product families throughout the country.

The new office will enable The MathWorks to provide direct support and services to its rapidly growing customer base in India, particularly in the aerospace/defense, automotive, industrial automation and machinery, technical services, and academic sectors. The Company intends to maintain its distributor relationship with Cranes Software, which will continue to serve some customers in the government and educational sectors.

"With its rich talent pool of engineers and scientists, India is a significant market for The MathWorks and is second only to China in graduating engineers on a global basis," said Jeanne O'Keefe, chief financial officer, The MathWorks. "Many of our customers now have research and development facilities in the region and will gain increased direct service and support from The MathWorks in their use of our tools for technical computing and Model-Based Design."

The new Bangalore location, which will initially employ approximately 30 people, strengthens the presence of The MathWorks in Asia, adding to its offices in Seoul, South Korea and Beijing, China. The MathWorks also has direct offices in Australia, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, the United Kingdom, and the United States. In countries where the Company does not have a direct presence, customers continue to be served by authorized MathWorks distributors and resellers.

The address for The MathWorks India office is Salarpuria Windsor Building, Third Floor, 'A' Wing, No.3 Ulsoor Road, Bangalore – 560042, Karnataka, India. The phone number is +91 80 6632 6000. For more information about The MathWorks India office, please visit http://www.mathworks.in

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 2,000 people worldwide, with headquarters in Natick, Massachusetts. 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.