The MathWorks Opens Office in Sydney, Australia; Company to Provide Sales, Training, and Support Services for MATLAB and Simulink

Business Wire, April 3, 2006

SYDNEY, Australia -- The MathWorks announced today that it has opened an office in Sydney, Australia, The MathWorks Australia Pty Ltd, that will be responsible for selling and supporting the Company's MATLAB(R) and Simulink(R) product platforms throughout the country. The MathWorks will now offer direct support and services for technical computing and Model-Based Design to the expanding Australian customer base in the aerospace and defense, automotive, and financial industries along with government R&D organizations and academia.

"The Sydney office will provide the Australian engineering and scientific community with easier access to sales, training, and support services and create a direct connection to the established resources of MathWorks 1,400 staff worldwide," said Jeanne O'Keefe, chief financial officer, The MathWorks. "A presence in Australia also improves The MathWorks ability to support the extensive growth of technical computing and Model-Based Design throughout the Asia Pacific region and underscores the Company's commitment to accelerating the pace of engineering and science globally."

The MathWorks also has direct offices in France, Germany, Italy, the Netherlands, South Korea, Spain, Sweden, Switzerland, the United Kingdom, and the United States. In countries where the Company does not have a direct presence, it continues to be served by authorized MathWorks distributors and resellers.

The MathWorks Australia Pty Ltd is located at Level 5, Tower 1, 495 Victoria Avenue, Chatswood NSW 2067, Australia. For more information on The MathWorks Australia office, please visit our web site at http://www.mathworks.com.au.

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 1,400 people worldwide, with headquarters in Natick, Massachusetts. For additional information, visit www.mathworks.com.

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