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    Home : Company : News Releases : Maplesoft wins national innovation award

Maplesoft wins national innovation award recognizing outstanding university-industry collaboration in research and development
Receives Synergy Award for Innovation sponsored by Science and Engineering Research Canada (NSERC)

WATERLOO, CANADA, November 1, 2004 – Maplesoft™, the leading provider of high-performance software tools for engineering, science, and mathematics, announced today that it has won the Synergy Award for Innovation. The award, sponsored by Science and Engineering Research Canada (NSERC), recognizes lasting partnerships in research and development between universities and industry. The University of Waterloo’s Symbolic Computational Group (SCG) received the award alongside Maplesoft.

Since the incorporation and spin off of Maplesoft 17 years ago, Maplesoft and the University of Waterloo have maintained a strong and rich partnership. While SCG concentrates on developing mathematical algorithms, Maplesoft translates SCG’s prototypes into products that render all tasks that depend on mathematics easier, more efficient, and more effective. SCG in turn, uses Maplesoft’s product suite to develop and document its initiatives. The partnership has enabled SCG and Maplesoft to focus on their individual strengths and to benefit jointly from each other’s results.

When accepting the award, Laurent Bernardin, Vice President of R&D at Maplesoft, thanked NSERC and the University of Waterloo, "Over 3 million mathematicians, scientists and engineers world-wide use our software today. This would not have been possible without the support from NSERC and it would not have been possible without our partners and friends at the University of Waterloo."

Academic and commercial organizations have applied Maplesoft technology in nearly every field, including physics, engineering, aerospace, finance, telecommunications, data analysis, quantum mechanics, and many others.

The Synergy award is awarded based on both industry and university’s innovation, creativity and entrepreneurship; effective use of university and industry human and technical resources; high-quality research; superior management skills and processes; and effective training of graduate students.

About Maplesoft
Maplesoft is a world leader in mathematical and analytical software. Its suite of products includes Maple 9.5, the standard among interactive mathematical software; MapleNet, a comprehensive mathematical infrastructure for the Web; Maple T.A., a system for automated assessment; and the Maple Professional Toolbox Series for specialized application areas. Maplesoft products embody the most advanced and integrated technology for both numeric and symbolic solution of complex problems. Its standards-compliant algorithms are renowned for their speed, accuracy and reliability. In addition, Maplesoft leads the market with innovations that make the management of technical knowledge – whether in industry or in a classroom – more effective and efficient. Over 5 million users benefit from advanced Maple technology. The Maplesoft industrial customer base includes Boeing, Bosch, Canon, and NASA. Also, virtually every major university and research institute in the world, including MIT, Stanford, Oxford and Waterloo, has adopted Maplesoft products to enhance their education and research activities. For more information, visit www.maplesoft.com.

For more information, please contact:
Maria Bo
Maplesoft
519.747.2373 ext.289
mbo@maplesoft.com