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The MathWorks Announces New Distributor in Israel

Systematics, Ltd. to provide distribution and support of the MathWorks product line


NATICK, Mass. - (13 Feb 2007)

The MathWorks today announced it has established a new partnershipwith Systematics, Ltd. based in Tel-Aviv, Israel. Starting on January 1, 2007, Systematics will be responsible for product sales and services of The MathWorks MATLAB® and Simulink® product platforms in that region. Systematics will offer a wide range of sales, support and training for technical computing and Model-Based Design to Israel ’s leading industries: aerospace and defense, communications, semiconductors, biotech and medical devices.

“Systematics brings a wealth of experience and success in the sales and distribution of technical software,” said Jeanne O’Keefe, chief financial officer, The MathWorks. “The MathWorks partnership with Systematics will be essential in keeping pace with the growing adoption of technical computing and Model-Based Design throughout Israel, providing local engineers and scientists with easier access to services and support.”

Systematics, Ltd. is located at 4 Raoul Wallenberg Street, Tel-Aviv, Israel. For more information on Systematics, Ltd., please visit www.systematics.co.il.

About MathWorks

MathWorks is the leading developer of mathematical computing software. MATLAB, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a graphical environment for simulation and Model-Based Design of multidomain dynamic and embedded systems. Engineers and scientists worldwide rely on these product families to accelerate the pace of discovery, innovation, and development in automotive, aerospace, electronics, financial services, biotech-pharmaceutical, and other industries. MathWorks products are also fundamental teaching and research tools in the world's universities and learning institutions. Founded in 1984, MathWorks employs more than 2,000 people in 15 countries, with headquarters in Natick, Massachusetts, USA. For additional information, visit www.mathworks.com.

MATLAB and Simulink are registered trademarks of The MathWorks, Inc. See www.mathworks.com/trademarks for a list of additional trademarks. Other product or brand names may be trademarks or registered trademarks of their respective holders.

About Systematics, Ltd.

Systematics, Ltd. is the leading distributor and integrator of IT solutions in the Israeli market, with customers in varying sectors of the Israeli economy such as public, private, military and defense, manufacturing, education and finance. Systematics, Ltd. works with renowned international vendors to provide its customers with state-of-the-art solutions and assist them in harnessing these technologies to improve their productivity and competitiveness. Systematics, Ltd. was founded in 1979 and employs more than 100 people at its office in Tel-Aviv, Israel. For more information, please visit http://www.systematics.co.il

Press Contacts

Len Dieterle
MathWorks
Tel: (508) 647-4404
Fax: (508) 647-7001
E-mail: len.dieterle@mathworks.com
Sean Audet
Text 100
Tel: (617) 723-1044
E-mail: mathworks@text100.com
Web: www.text100.com

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