GOVERNMENT

Cambridge, MA – MathSoft Engineering & Education, Inc., a leading provider of interactive math, science, engineering and educational software products and content, today announced that Allen Razdow, an original founder of MathSoft, Inc., has joined its board of directors. MathSoft Engineering & Education, Inc., is a privately held company founded by the successful management-led buyout of the original Cambridge-based MathSoft business. Mr. Razdow was the technical founder of MathSoft and inventor of its patented technology for interactive mathematics. This core technology represents the foundation of Mathcad(R), the industry standard solution for applying mathematics for technical professionals and the technical academic community, and StudyWorks!(R), the top revenue producing math and science educational software line. As chairman, Razdow led the company's IPO in 1993 with co-founder David Blohm. He also held the positions of CEO and CTO at MathSoft before leaving to become CEO of Torrent, a company that pioneered the application of parallel computing to large commercial data processing problems. Razdow is currently co-founder, chairman and CTO of Acallto, Inc., which provides technology that lets Web sites serve telephone contact with people in the enterprise. Razdow holds an undergraduate degree in Plasma Physics from the Massachusetts Institute of Technology. "MathSoft is very pleased that Allen has agreed to join our board," said Chris Randles, president and CEO of MathSoft. "He brings a wealth of experience as an inventor, entrepreneur and technology leader. Allen's intimate knowledge of MathSoft's core technology, his affinity for its customer base and his enduring passion for its business will be a huge benefit to the company." "I am delighted to return to MathSoft as it starts its new life as a private company," said Mr. Razdow. "I share MathSoft's commitment to offering technology that will change the face of math, science and engineering in business and education. This is an exciting time for MathSoft and I'm pleased to be able to contribute to its renewed success." The addition of Mr. Razdow to the board of MathSoft Engineering & Education, Inc., brings the number of directors to six. Other board members are Chris Randles, chairman and CEO; Terry Rochford, vice president of development; John Martinson, managing partner, Edison Venture Fund; Jake LaMotta, formerly president of SkillsBank and president of The Learning Company Schools Division and Michael Donoghue, general partner, Spring Capital Partners.