For Immediate Release

MathType and WIRIS Join Forces

LONG BEACH, Calif. and BARCELONA, Spain — September 19, 2017 — Maths for More, makers of WIRIS™, today announced that they acquired Design Science, makers of MathType™.

MathType is the leading mathematical equation editor for Microsoft Office on Windows and Mac, and WIRIS Editor is the leading equation editor for web-based platforms including LMS, CMS and assessment platforms.

The acquisition allows the combined company to begin offering a single equation editor product for all platforms on the desktop, online, tablets and mobile devices. "We will soon announce a new 'MathType Everywhere' that provides our users with universal equation editing on all platforms, and works with Microsoft Office Online, Windows and Mac, and Google Docs," said Ramon Eixarch, Maths for More's CEO. "Our products and technologies complement each other. By combining our teams we will now be able to offer education, scientific and publishing communities newer products at a fast pace," said Bruce Virga, Design Science's CEO.

WIRIS recently introduced handwriting input for math and chemistry notation. WIRIS Quizzes enhances assessment products and Learning Management Systems (LMS), such as Moodle, Blackboard, Canvas, Schoology, etc., offering automated grading, randomizing, handwriting and more.

The acquisition was funded by "Inveready Technology Investment Group", a venture capital fund specialized in technology, and structured by the advisory firm of "Crea Inversion". Details of the acquisition were not made public.

About Maths for More

Maths for More is a math and science software company based in Barcelona, Spain. Their products for math and science editing and assessment are used by leading EdTech companies. Founded by a team of mathematicians from Barcelona Tech, the company's strong growth is led by a young and energetic team inspired by inventing new products and moving technologies forward. www.wiris.com

About Design Science

Design Science is a worldwide leader in software for scientific and technical communication. The company's MathType, MathFlow and MathPlayer products are used by scientists, engineers, educators, students, and publishing professionals, for authoring and publishing mathematical notation in print and online content. DSI also licenses components and technology to OEM partners who want to math-enable their own products, and aggressively research new products and technologies, particularly those that extend their commanding lead in MathML technology. www.dessci.com

###

Contact: