Flagship Mathematics Engine Now Used at 81 of Top 100 R&D Spenders Worldwide.
WATERLOO, CANADA, December 21, 2005 — Maplesoft™, the leading provider of high-performance software tools for engineering, science and mathematics, announced today the explosive growth and far-reaching adoption of Maple 10, the company’s flagship product, in the worldwide commercial and government markets. Driven by the product's successful launch, Maplesoft's domestic revenue in the first half of FY06 from the commercial and government sectors climbed 19.6 percent over the previous half year, and international revenue skyrocketed 59.2 percent.
With the explosion of Maple 10 onto the market, Maplesoft technology is currently deployed at the top 10 R&D spenders worldwide , and 81 of the top 100. Maple 10’s user base spans most major industries, including aerospace, automotive, chemicals, electronics, government and life sciences.
Along with the acceptance by commercial and government users, Maple 10 has also received high praise from many leading technical publications, including Desktop Engineering, Evaluation Engineering, eWeek, PC Magazine and Scientific Computing World. In a review for the October 2005 issue of PC Magazine, reviewer Barry Simon wrote: “It takes a lot to impress most jaded software reviewers, especially with a product that we first reviewed in 1989. But we were totally blown away by Maplesoft’s Maple 10 mathematical package.”
Maple 10 has also won several awards, including the Desktop Engineering Editor’s Pick of the Week and the Scientific Computing 2005 Mathematics Product of the Year. The product is currently a finalist for the Product Design and Development 11th Annual Engineering Awards. Since its debut in May 2005, Maplesoft has recorded more than 1.85 million Maple 10 users.
“The widespread market acceptance of Maple 10 is proof positive that Maplesoft is ushering in a new age of industrial strength mathematics – one in which the most powerful and comprehensive computation tools reduce risk by ensuring the best designs are achieved quickly and easily using the mathematically optimized solution,” said Jim Cooper, CEO of Maplesoft. “By providing results that are reliable, repeatable and documented, Maple 10 is helping to unleash engineering knowledge as a corporate asset to drive quality, competitiveness and overall corporate performance.”
Maplesoft is a leading developer and provider of interactive mathematical software. Its suite of products includes Maple, the most powerful and intuitive tool for solving complex mathematical problems and creating rich, executable technical documents; MapleNet, a Web-based platform for sharing Maple content for collaboration and e-learning; and Maple T.A., a Web-based system for creating tests, assignments and exercises, automatically assessing student responses and performance. 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 two million users at thousands of organizations benefit from advanced Maple technology. The Maplesoft commercial customer base includes Boeing, Bosch, Canon and NASA. Additionally, virtually every major university and research institute in the world, including MIT, Stanford, Oxford and Waterloo, has adopted Maplesoft products to enhance its education and research activities. For more information, visit www.maplesoft.com.
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