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                      January 19, 1994
                    FOR IMMEDIATE RELEASE
                Contact:    Marcia Murakami
                       (519)725-4040
                      Hypercube, Inc.
                              

               Hypercube to Market HyperChem:

               Re-acquires Rights from Autodesk


WATERLOO, ONTARIO -  Hypercube Inc. today announced that it
had negotiated a mutual release from its comprehensive
Development and License Agreement with Autodesk Inc., dating
from July of 1990.  The release returns the sales and
marketing rights for HyperChem, which had been held by
Autodesk, to Hypercube.  The mutual release is effective
immediately.  "We are really excited about getting our
products back," said Dr. Neil Ostlund, founder and CEO of
Hypercube.  "Autodesk helped us get started as a scientific
software company, but their focus is really on Computer
Automated Design (CAD).  We recently launched a companion
product to HyperChem called ChemPlus; its success helped
convince me that it now makes more sense for us to market
our own products."

HyperChem is Hypercube's flagship molecular modeling
product.  Under the previous Development and License
Agreement, Autodesk held an exclusive sales and marketing
license to HyperChem.  Release 2 of HyperChem was first
shipped by Autodesk in March of 1992.  The current Autodesk
version of HyperChem, called Release 3, is sold world wide
through distribution and reseller channels.  Autodesk will
continue to sell HyperChem Release 3 for a short interim
period.  Dr. Ostlund indicated that Hypercube should begin
shipping its new Release 4 of HyperChem within 60 days and
that it is expected to be sold through the same channels.
"We've worked with Hypercube Inc. before." said John
Offerman, the President of National Biosciences, a HyperChem
distributor.  "We're happy to see them take over the
marketing of HyperChem.  Their involvement and expertise
could really help us."


As a result of the new arrangement, Hypercube Inc. will be
expanding its range of products and the range of platforms
that are supported.  "We are now free to market a number of
products that we have been working on internally", said Dr.
Robert Whiteside, VP of Engineering at Hypercube.  "These
may include networking, Unix, and NT versions of HyperChem
as well as completely new products such as our about-to-be-
released HyperNMR, an application for predicting the nuclear
magnetic resonance spectra of molecules."

Background
==========

Hypercube is a privately held scientific software company
incorporated in 1985.  It previously built and sold turn-key
molecular modeling systems that incorporated parallel
processing.  Its most recent software product is ChemPlus, a
set of extensions to HyperChem, released in December of
1993.  The company's technical expertise  is centered at the
boundary between computational chemistry and computer
science.  As the developer of HyperChem, Hypercube set new
standards for ease of use and molecular modeling power on PC-
based systems.  Hypercube's goal is to bring scientific
computing to tens of thousands of new customers.

Autodesk is a public company with its headquarters in
Sausalito, California.  Its flagship product is AutoCAD, a
computer-aided design product for engineers, architects and
other designers.

HyperChem is a molecular modeling software product noted for
its ease of use.  It is a comprehensive desktop productivity
tool for visualizing, analyzing and communicating
information about molecular structures.  It is the most
widely-used molecular modeling software for the Microsoft
Windows environment of IBM-compatible PC's.



HyperChem is a trademark of Hypercube, Inc. All other trade
and product names mentioned are the service marks,
trademarks or registered trademarks of their respective
holders.


-- 
Tom Slee
Hypercube, Inc., #7-419 Phillip St., Waterloo, Ont. N2L 3X2 
Internet:  slee@hyper.com		Tel. (519) 725-4040

Modified: Thu Jan 27 17:00:00 1994 GMT
Page accessed 4626 times since Sat Apr 17 21:40:17 1999 GMT