Maplesoft Commemorates 30 Years of Incorporation

Marks the year with extended partnerships to enhance development and impact of technology in education, research and engineering

Waterloo, Ontario: April 23, 2018: Maplesoft, a leading provider of mathematics-based software solutions for science, technology, engineering and mathematics (STEM), is celebrating 30 years of incorporation. Born out of the University of Waterloo, the company has now grown into an international corporation with staff, customers, academic and technology partners, and resellers around the world.

Throughout its 30th anniversary year, Maplesoft continued to connect and partner with customers and industry leaders to advance STEM education and to revolutionize engineering design processes. On the academic front, the company utilizes partnerships and outreach initiatives to improve STEM education, develop and enhance digital learning tools and foster online education. Maplesoft is an Affiliate Member of the Fields Institute, Educational Outreach Champion of Perimeter Institute, and Technology Partner of the American Math Society's "Who Wants to be a Mathematician" student competition. On the engineering side, Maplesoft is leading the Digital Twin and system-level modeling revolution through partnerships with prominent companies such as Rockwell Automation, B&R, Altair and more.
Maplesoft continues to improve its technology offerings through the development of new products and the enhancement of existing technology. The recently-released Maple 2018 offers new and improved features to benefit all users, no matter what they use Maple for. It provides an environment where students and instructors can enrich the classroom experience, researchers can accelerate their projects and engineers can refine their calculation management processes. Möbius, the online courseware platform enables instructors to author rich content, explore important STEM concepts using engaging, interactive applications, visualize problems and solutions, and test students' understanding by answering questions that are graded instantly.
Maplesoft has also revolutionized the engineering design process using Digital Twins, which are virtual machine designs created in MapleSim, Maplesoft's modeling and simulation software. By taking a virtual approach to machine-level system integration, engineers can commission faster, earlier, and with less risk. Maplesoft works closely with its commercial partners to seamlessly integrate its technology with complementary tools.
"This anniversary is a tremendous milestone for Maplesoft as it attests to our ability to grow along with changing market conditions, continually enhance the quality of our offerings and strengthen our partnerships with industry leaders," said Jim Cooper, President and CEO of Maplesoft. "Maplesoft was built on a foundation of creativity and passion for mathematics and we have worked hard to preserve that legacy. The growth experienced over the past 30 years, along with the drive of our global employee and partner base, will ensure Maplesoft continues to be a driving force in the world of online education and design engineering long into the future."
For a snapshot of Maplesoft's history and major milestones, please visit our website.

About Maplesoft
Maplesoft has provided mathematics-based software solutions to educators, engineers, and researchers in science, technology, engineering, and mathematics (STEM) for over 25 years. Maplesoft's flagship product, Maple, combines the world's most powerful mathematics engine with an interface that makes it extremely easy to analyze, explore, visualize, and solve mathematical problems. Building on this technology, the product line includes solutions for online assessment, system-level modeling and simulation, and online STEM courseware. Maplesoft products provide modern, innovative solutions to meet today's challenges, from exploring math concepts on a smartphone to enabling a model-driven innovation approach that helps companies reduce risk and bring high-quality products to market faster. Maplesoft products and services are used by more than 8000 educational institutions, research labs, and companies, in over 90 countries.
Maplesoft is a subsidiary of Cybernet Systems Group. For further details, please visit www.maplesoft.com.

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