Artelys to distribute
KNITRO in Europe
Today, April 12th
2002, Artelys is delighted to announce an agreement with the
American company Ziena Optimization to distribute the KNITRO
nonlinear optimization software package in Europe.
KNITRO
implements state-of-the-art mathematical algorithms to solve
the toughest nonlinear optimization problems arising in industry.
The core technology of KNITRO is the result of ten years of
research into optimization algorithms at Northwestern University.KNITRO
is now being commercialized and marketed by Ziena Optimization,
a spin-off company of Northwestern University.
"Nonlinear optimization technology is crucial in numerous
areas such as network design and operations, finance, chemical
engineering, material design, and dynamic pricing," said
Arnaud Renaud, President and CEO of Artelys. "KNITRO's
numerical excellence makes it the ideal software package to
tackle the difficult problems arising in these industries".
"Artelys's strong experience in nonlinear optimization
will allow KNITRO customers in Europe to get an outstanding
level of support and services," said Jorge Nocedal, President
and CEO of Ziena. "Also Artelys's experience in marketing
optimization products will help Ziena to position KNITRO in
the growing market of nonlinear optimization applications
in Europe."
In addition to distributing and supporting Ziena's KNITRO,
Artelys will provide services to help their customers draw
the best out of nonlinear optimization technology within their
organization.
About Ziena Optimization
Ziena Optimization is committed to develop high performance
nonlinear optimization software to satisfy the emergent and
growing market of nonlinear optimization-based applications.
Ziena also provides consulting services to model and solve
the hardest optimization problems of all kinds. Ziena is a
spin-off of Northwestern University.
Richard Waltz
Ziena Optimization
2615 Hartzell Street
Evanston, Illinois 60201
United States
E-mail: rwaltz@ziena.com
Web: www.ziena.com
About Artelys
Artelys specializes in optimization and offers a wide range
of services to help companies use the best of optimization
technologies. Besides KNITRO, Artelys distributes the linear
and integer programming package Xpress-MP (Dash Optimization).
Artelys offers consulting services to model the most challenging
optimization problems and develops customized software to
solve these problems. Artelys also offers training programs
in optimization for R&D engineers and executives.
For more information about Artelys please
contact:
Arnaud Renaud
Artelys
12, rue du Quatre Septembre
75002 Paris
France
E-mail: info@artelys.com
Tel: +33 1 44 77 89 00
Fax: +33 1 42 96 22 61
Web: www.artelys.com
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