The MathWorks Opens Office in Beijing, China: Company Expands Global Sales, Training, and Support with New China Office

The MathWorks today announced the opening of a new office in Beijing, China that will be responsible for selling and supporting the Company's MATLAB(R) and Simulink(R) product families throughout Mainland China.

NATICK, Mass. (BusinessWire EON) May 18, 2007 -- The MathWorks today announced the opening of a new office in Beijing, China that will be responsible for selling and supporting the Company’s MATLAB® and Simulink® product families throughout Mainland China.

China is an increasingly important market for The MathWorks. Not only does it have the world's fastest growing economy, but it is an emerging R&D center for multinational corporations and the world's largest producer of engineering graduates

The new office will further enable The MathWorks to provide direct support and services for technical computing and Model-Based Design to its expanding Asia Pacific user community, particularly in the automotive, consumer electronics, and academic sectors. The MathWorks will maintain its distributor relationship with HiRain Technologies, which will continue to sell and service MathWorks products to China’s aerospace and defense sector.

“China is an increasingly important market for The MathWorks. Not only does it have the world’s fastest growing economy, but it is an emerging R&D center for multinational corporations and the world’s largest producer of engineering graduates,” said Jeanne O’Keefe, chief financial officer, The MathWorks. “The opening of the Beijing office will further strengthen The MathWorks position as the world’s leading technical computing and Model-Based Design software provider. It opens up a great window of opportunity for both the Company and engineers and scientists in the Asia Pacific region.”

The new Beijing location strengthens the presence of The MathWorks in the Asia Pacific region, adding to its offices in Seoul, South Korea and Sydney, Australia. The MathWorks also has direct offices in 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 China office is Unit 301, 3^rd Floor, Tower C South, Raycom InfoTech Park, No. 2 Kexueyuan South Road, Haidian District, Beijing 100080, P.R. China. For more information about The MathWorks China office, please visit http://www.mathworks.cn.

About The MathWorks, Inc.

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.

MATLAB, Simulink, Stateflow, Handle Graphics, Real-Time Workshop, SimBiology, SimHydraulics, and xPC TargetBox are registered trademarks and SimEvents is a trademark of The MathWorks, Inc. Other product or brand names are trademarks or registered trademarks of their respective holders.