MathSoft Extends Global Reach With New Office in Japan

New Director to Service Major Growth Opportunities in Engineering Design & Collaboration in Asia-Pacific Markets

CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 20, 2002--MathSoft Engineering and Education, Inc., the leading provider of interactive math, science, engineering and educational software, content and Web services, today announced the opening of a new office in Tokyo, Japan, on May 1, 2002. MathSoft opened the office in response to steadily increasing demand from corporations and higher education institutions in the Asia-Pacific region for MathSoft's engineering software products and solutions. Kiyoshi Shikakura, who joins the company as the new director of Asia-Pacific sales and marketing, will manage this new office. MathSoft is headquartered in Cambridge, Massachusetts, U.S.A., with additional offices in the U.K. and Germany and distributors in more than 50 countries.

"MathSoft recognizes that engineering design and collaboration is a global industry," said Chris Randles, CEO of MathSoft Engineering & Education, Inc. "The company's software is already widely used in the Asia-Pacific region and the new Japan office will help to further extend MathSoft's technical solutions to major engineering and higher education organizations in this market. Furthermore, Shikakura provides the leadership and experience to increase our penetration in the Asia-Pacific region."

"MathSoft's products offer great value for applying mathematics and providing a technical calculation environment that is optimized for collaborative engineering productivity, efficiency and innovation," said Shikakura, director of Asia-Pacific sales for MathSoft. "These benefits are in demand at technical organizations in the Asia-Pacific region."

As director of Asia-Pacific sales and marketing, Shikakura is responsible for leading MathSoft's sales initiatives in the Asia-Pacific. Prior to joining MathSoft, Shikakura worked for Cybernet Systems Co, Ltd., a company that specializes in sales and support of scientific and engineering software. During his 14 years of service at Cybernet, Shikakura's responsibilities also included sales, marketing and operations. Shikakura received a B.A. in economics from Waseda University in Tokyo.

For more than 15 years, MathSoft has contributed to technical innovation in engineering throughout a broad range of markets and industries, including defense and aerospace, telecommunications, electronics and electrical equipment, civil engineering and construction, engineering services, government and higher education. With more than 1.5 million users, Mathcad® is the most widely used solution for applying mathematics and provides a technical calculation environment that is optimized for both engineering efficiency and innovation. International sales represent a growing portion of the company's revenues.

About MathSoft Engineering & Education, Inc.

MathSoft Engineering & Education, Inc., is the leading provider of interactive math, science, engineering and educational software products and content. The company's Mathcad® and StudyWorks!® product lines use patented technology to combine rich, interactive content with powerful tools for learning, communicating and applying mathematics in real-world technical applications. Mathcad, the internationally recognized standard for technical calculation and applying mathematics, is deployed at 90% of the Fortune 1000 companies, over 500 government installations, and more than 2,000 colleges and universities. StudyWorks, a market leader with over one million licensees, enhances the teaching and learning of math and science online and in secondary education, helping students explore and understand key subjects. Based in Cambridge, Mass., MathSoft Engineering & Education, Inc., has additional offices in the U.K. and Germany and distributors in over 50 countries. The company can be found on the Web at www.mathsoft.com.

Mathcad and StudyWorks are registered trademarks of MathSoft Engineering & Education, Inc. All other names or marks may be registered trademarks or trademarks of their respective owners.


Contact:
     MathSoft Engineering & Education, Inc.
     Bernie Buelow
     (617) 444-8040
     
Email Contact
        or
     Schwartz Communications, Inc.
     Siobhan Gallagher/David Bowker
     (781) 684-0770
     
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