Founded in 1985 in Montreal, Canada, and currently headquartered in Austin, Texas, Metrowerks designs, develops, markets and supports professional software development tools used by programmers to create software applications. Our flagship product line, Metrowerks®, CodeWarrior®, consists of a suite of programming tools used by developers worldwide to create software in the C, C++, Java™, Pascal and low-level (assembly) programming languages. These languages are the most powerful languages available and are designed to accomplish the most difficult programming tasks. CodeWarrior has more than 100,000 registered users in 75 countries. Revenue for fiscal 1996 was $10.6 million and $18.3 million in fiscal 1997. In July 1996, Metrowerks' common stock began trading on the NASDAQ national market under the symbol "MTWKF". As of April 8th, 1999 Metrowerks' symbol on Nasdaq changed to "MTWK" from "MTWKF".
At Metrowerks, we think the key to success is the people who make it happen. We have a fantastic group of people who share one vision: to bring to market the best programming tools in the world. Our employees have changed the industry by extending the CodeWarrior Integrated Development Environment ("IDE") and development tools to support a wide variety of desktop and embedded systems platforms. Their incredible hard work has enabled Metrowerks to transition itself into a major multi-language, multi-platform programming tools vendor in a very short period of time. We now employ more than 180 people, with more than 100 engineers in research and development, with offices in Austin, Silicon Valley, Montreal, Tokyo, and Boston.
When we started the CodeWarrior project in 1991, our long-term goal was to build a large, profitable software company. To do this, we knew we would have to develop tools beyond our first product, CodeWarrior for Macintosh®. Launched in 1994, CodeWarrior for Macintosh has been a runaway success, garnering a worldwide market share of more than 75 percent.
Metrowerks now develops and sells programming tools in four major market segments: the desktop Windows® and Macintosh market, the embedded proprietary operating systems market, the real-time operating systems ("RTOS")/Windows® CE market and the Java technology market.
Metrowerks continues to strengthen its position as an industry leader by pursuing strategic partnerships with major industry players such as Apple Computer, Microsoft® Corporation, Sun Microsystems®, Be™ Inc., Motorola®, 3Com®, Microware®, Advanced RISC Machines (ARM™), Hitachi, and Sony Computer Entertainment, Inc. CodeWarrior's front-end, back-end architecture allows new languages and computing platforms to be added to its IDE with relative ease. As a result, emerging markets benefit from the large number of developers already using CodeWarrior. Metrowerks plans to expand its product line and will continue to pursue other markets.
To learn more about Metrowerks and its products, send email to info@metrowerks.com, call (512) 873-4700, or visit the company home page at http://www.metrowerks.com.
