Mathsoft Expands Operations in Europe to Provide Direct Sales and Services to Engineering and Product Development Organizations

Skilled distributors sharpen focus on single-user and education customers

CAMBRIDGE, Mass.—(BUSINESS WIRE)—April 4, 2005— Mathsoft, the leader in calculation management, today announced it is expanding its operations in Europe to sustain its sales growth and satisfy demand for its calculation management solutions.

The U.S.-headquartered company has recently established permanent offices providing direct sales and support for engineering organizations in Italy, Denmark, Germany, Austria, the United Kingdom, Sweden and Benelux (Belgium, Netherlands and Luxembourg). Meanwhile, it is strengthening relationships with business partners who will handle all sales in France, Switzerland and Spain, as well as single-user/academic sales in the UK, Italy, Denmark and Sweden.

Mathsoft began establishing operations in Europe late last year to satisfy growing worldwide demand for medium- and high-volume installations of its Mathcad(R) calculation software as well as strategic implementations of its new Calculation Management Suite(TM).

"Business software is so strategic these days it is imperative to maintain a close, direct relationship with the maker," said Bent Feddersen, chief, expertise development, at The Ramboll Group, the Nordic region's leading engineering company, headquartered in Copenhagen. "This ensures we creatively extract maximum business benefits and that constructive suggestions show up as software enhancements. With Mathsoft's direct support, Ramboll is practicing full-fledged calculation management and extending its implementation to become the standard for more than 2,000 engineers."

Mathsoft, the choice of 1.7 million engineers worldwide, continues to use valued business partners in the following regions:

-- Denmark: Adept Scientific Aps, single-user and academic sales and services

-- France: Integral Software (Mathsoft division), all sales and services

-- Italy: GSML S.r.l., single-user and academic sales and services

-- UK: Adept Scientific plc, single-user and academic sales and services

-- Spain: Addlink Software Cientifico, all sales and services

-- Sweden: Ravenholm LinSoft AB, single-user and academic sales and services

-- Switzerland: Redacom AG, all sales and services

To mark the establishment of its European presence, Mathsoft is hosting informative events throughout the continent for customers, prospects and the press, focusing on "Faster Innovation in the Engineering Enterprise." The events will feature first-person customer success stories and access to Mathsoft executives. The events take place in:

-- Copenhagen, Denmark on April 19

-- Essen, Germany on April 20

-- Heidelberg, Germany on April 21

-- Hamburg, Germany on April 27

-- Milan, Italy on May 10

-- Rome, Italy on May 11

-- Aberdeen, England on May 18

-- Delft, Netherlands on June 15

-- Bristol, England on June 15

For more information on events and/or to register, please visit www.mathsoft.com/events. For press registration, please contact Mathsoft@fireflycomms.com.

"Our sales growth in Europe and around the world reflects the growing recognition that it is critical for engineering organizations to carefully manage their valuable engineering information to enhance productivity, compliance and risk management," said Stig Jensen, vice president of EMEA sales for Mathsoft. "Our enhanced presence in Europe promises to further boost sales while helping existing customers extract even more value from their calculation solutions."

About Mathsoft Engineering & Education, Inc.

Mathsoft Engineering & Education, Inc. pioneered calculation management solutions that protect engineering innovation, investments and intellectual capital while improving organizational efficiency and productivity. Mathsoft software is the internationally recognized standard for technical calculations and applying mathematics. Ninety percent of Fortune 1000 companies, 500 government agencies and 2,000 colleges and universities around the world use Mathsoft to capture the strategic value in their engineering calculations. More information on Cambridge, Mass.-based Mathsoft is available at www.mathsoft.com.

Mathsoft and Mathcad are registered trademarks and Calculation Management Suite and Designate are trademarks of Mathsoft Engineering & Education, Inc. All other names are trademarks of their respective manufacturers. (C) 2005 Mathsoft Engineering & Education, Inc.



Contact:
Mathsoft Engineering & Education, Inc.
Bernie Buelow, 617-444-8040

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