PolySpace Wins $390,000 Contract; Leading Japanese Automotive Supplier Selects PolySpace Runtime Error Detection Solutions

PolySpace to be used to improve quality of automotive systems and raise productivity of software development teams

BOSTON, Nov. 9 -- PolySpace Technologies, the leading provider of software testing solutions for embedded software, today announced that it has signed a $390,000 licensing agreement with one of the world's leading manufacturer of automotive technology, systems and components.

Thanks to this agreement, the use of PolySpace Verifier and PolySpace Desktop to detect runtime errors will be standardized at one of the main business units of the company.

The investment will enable the company -- a large Japanese automotive supplier -- to boost the productivity of its software development process by ensuring runtime errors will be detected as early in the development process as possible. Moreover, PolySpace tools will also be used to demonstrate compliance with rigorous customer and standard specifications.

"This agreement speaks volume to the reputation PolySpace now enjoys in the Automotive industry. Seeing our solutions being deployed all over a whole business unit of a major blue-chip company is for us a strong symbol of the value PolySpace has for organizations in the Automotive," says Daniel Pilaud, President and CEO of PolySpace Technologies.

"Automotive development is increasingly sophisticated. Applications must meet stringent performance and quality requirements. The complexity of these systems and software requires state of the art tools to ensure reliability. With so much at stake, PolySpace provides automotive manufacturers and their suppliers with an unparalleled solution to attain the most stringent of reliability and quality requirements, while helping them dramatically improve the productivity of their development process," says Pilaud.

About PolySpace

PolySpace Technologies empowers companies building embedded software applications with the world's first and unique solution for the automatic detection of run-time errors at compile time. It streamlines white-box and other types of conventional software testing to deliver unparalleled cost and time savings while improving the reliability of software applications. PolySpace solutions are currently used by a premier roster of Fortune 500 companies located in North America, Europe and Asia, in such industries as Defense, Automotive, Aerospace, Consumer Electronics, Transports and Medical Devices.

For more information: http://www.polyspace.com/