Accelerator Centre

Accelerator Centre


December 17, 2009 09:00 ET

Accelerator Centre and Maplesoft Announce Partnership

WATERLOO, ONTARIO--(Marketwire - Dec. 17, 2009) - The Accelerator Centre (AC), an award-winning and world-renowned centre for the cultivation of technology entrepreneurship, announced today it has struck a partnership agreement with Waterloo's Maplesoft, to provide the Accelerator Centre and its technology start-up clients with unlimited access to Maplesoft's technology suite, during their tenure with the AC. The partnership will provide participating companies and their employees with access to world-renowned technology tools like Maple, MapleSim, MapleNet and Maple T.A from Maplesoft.

"As a Waterloo-founded and headquartered company, we are excited to work with the Accelerator Centre to foster new start-up success, and empower new technology companies in this region to flourish and grow," says Maplesoft president and CEO, Jim Cooper. "These companies will reinforce Waterloo's reputation as a leading technology city in North America."

Since its opening in April, 2006, the Accelerator Centre has successfully launched into the marketplace five start-up companies, and actively partners with government, technology and industry organizations across the Region of Waterloo and Ontario to provide its start-up clients with the 'best-of-the-best' business advice and mentorship. Maplesoft is the leading provider of high-performance software tools for engineering, science, and mathematics.

"We're thrilled to welcome Maplesoft as a partner to the Accelerator Centre," says Tim Ellis, Accelerator Centre director of operations. "The engineers, mathematicians and educators, who form the fabric of our client base also represent Maplesoft's customer base. They are delighted to have access to such a rich and pedigreed suite of tools."

About the Accelerator Centre

The Accelerator Centre (AC) is a world-renowned, award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario. Made possible through funding from Federal and Provincial Governments, Ontario Centres of Excellence, the Regional Municipality of Waterloo, the City of Waterloo and the University of Waterloo, along with industry and academic partners, the AC was established to accelerate the creation, growth, and maturation of sustainable new technology companies; to promote commercialization of research and technology rising out of academic institutions such as University of Waterloo, Wilfrid Laurier University, University of Guelph, and Conestoga College; and to generate economic benefit and enhance the strategic importance of Waterloo Region within Ontario and Canada's broader economy.

Aptly named, the Accelerator Centre is firmly focused on accelerating the growth and success of its client companies – fledgling start ups from a variety of technology sectors. The Centre's team of advisors and mentors provide a unique range of support services and education programs, enabling AC clients to move to market faster, create jobs and stimulate economic activity. As home to 25+ technology start-up companies, with resident program staff of Ontario Centres of Excellence, National Research Council IRAP and Communitech – the Accelerator Centre has become the nexus for Waterloo's innovation community. To learn more about the Accelerator Centre visit our web site at

About Maplesoft

Maplesoft™ is the leading provider of high-performance software tools for engineering, science, and mathematics. Its product suite reflects the philosophy that given great tools, people can do great things.

Maplesoft's core technologies include the world's most advanced symbolic computation engine and revolutionary physical modeling techniques. Combined together, these technologies enable the creation of cutting-edge tools for design, modeling, and high-performance simulation.

Engineers, scientists, and mathematicians use Maplesoft products to enable them to work better, faster, and smarter. The Maplesoft product suite includes Maple™, the technical computing and documentation environment, and MapleSim™, the high-performance, multi-domain modeling and simulation tool for physical systems. 

Maplesoft also introduced a fundamental shift in technical education through its Clickable Math™ and Clickable Engineering™ initiatives which deliver powerful mathematics through visual, interactive point-and-click methods. The idea behind this shift is to create technology that will allow students and teachers to focus on the concepts, not the tool.

Maplesoft's customers include Ford, BMW, Bosch, Boeing, NASA, Canadian Space Agency, Canon, Motorola, Microsoft Research, Bloomberg, and DreamWorks, covering sectors such as automotive, aerospace, electronics, defense, energy, financial services, consumer products, and entertainment. Over 90% of advanced research institutions and universities worldwide, including MIT, Stanford, Oxford, the NASA Jet Propulsion Laboratory, and the U.S. Department of Energy, have adopted Maplesoft solutions to enhance their education and research activities.

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