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NAG and Waterloo Maple Inc. announce next phase in partnership

New initiatives to deliver substantial increases in numerical functionality to Maple users

Oxford, UK – February 2003 – The world's leading provider of mathematical and statistical algorithms, the Numerical Algorithms Group (NAG), announce the next phase in their technology partnership with Waterloo Maple Inc, the leading provider of comprehensive mathematical exploration and application software for research, education, and industry. Building on an already strong and productive partnership, the two industry leaders will collaborate to integrate respective numerical algorithms. Upon completion, users will be able to solve a significantly greater range of mathematical problems at state of the art speeds.

In 1997 NAG and Waterloo Maple began a partnership designed to bring together the best symbolic software with the best numeric software to create a series of world-leading products. The first product release to deliver tight integration between NAG and Maple technology was Maple 6 in 2000. This collaboration had a major focus on fundamental matrix computation, one of the most demanding application areas for speed and efficiency. The next phase will expand coverage into other important areas such as specialized matrix computation such as sparse matrices and equation solving.

Dr Tom Lee, Vice President of Marketing and Executive Product Director of Waterloo Maple, states, "Our goal is to offer the most complete system for doing any type of computation that involves mathematics. Our partnership with NAG ensures that users receive the highest quality and the most trusted algorithms available. Collectively, our two organisations represent a formidable brain pool with the singular focus of creating ways to do mathematics better and faster."

Dr. Brian Ford, Managing Director of NAG adds, "Our partnership continues to deliver the most innovative and useful technology to the market. Through Waterloo Maple’s far-reaching user base, an ever-growing number of users will enjoy the immense benefits embodied in the NAG libraries."

Waterloo Maple states that users can expect to see tangible results of new initiatives within this calendar year.

About NAG
With over thirty years of experience in developing mathematical and statistical components, compilers and tools plus 3D data visualization software, NAG and its products have a worldwide reputation for accuracy, robustness and reliability. Over 10,000 organisations spanning the globe rely on NAG’s software and services to enhance their applications. NAG software is used by business, industry and education to solve problems, however complex, in areas such as research, engineering, life and earth sciences, and financial analysis. NAG has its headquarters in the UK and has offices in Germany, Japan and North America, plus distributors worldwide.

About Waterloo Maple Inc
Founded in 1988, Waterloo Maple is a world leader in mathematical and analytical software. Its suite of products includes Maple 8, the standard among interactive mathematical software, MapleNet a comprehensive mathematical infrastructure for the Web, and MapleTA a system for automated grading of mathematics tests. Maple products embody advanced technology such as symbolic computation, infinite precision numerics, innovative Web components, extensible user-interface technology, and an unrivalled suite of mathematical algorithms for intelligent management of complex mathematics. Over 5 million users benefit from advanced Maple technology. Virtually every major university and research institute in the world, including MIT, Stanford, Oxford and Waterloo, has adopted Maple products to enhance their education and research activities. Waterloo Maple's industrial customer base includes Boeing, Bosch, Canon, and NASA. For more information visit www.maplesoft.com.

© NAG is the registered trademark of the Numerical Algorithms Group Ltd. 2003.

Please understand that product prices, specifications and other details are current on the day of issue of the press release. These details, however, may change thereafter without notice.

© 2003 Waterloo Maple Inc. MapleNet, Maplets, and MaplePrimes are trademarks of Waterloo Maple Inc. Maple is a registered trademark of Waterloo Maple Inc. All other trademarks are property of their respective owners.

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