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February 13, 2007

MathWorks finds Israeli partner

Natick-based MathWorks has entered into a distribution agreement with Systematics Ltd. of Tel-Aviv, Israel.

Under terms of the agreement, Systematics will be responsible for product sales and services of two MathWorks software products in the Israeli region. Specifically, the products will be marketed to the region's leading industries, including aerospace and defense, communications, semiconductors, biotech and medical devices.

Financial terms of the deal were not disclosed.

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