Dynadec Expands International Operations with New Office in Europe

Company Responds to Growing Demand for Its Next-Generation Optimization Technology

Providence, R.I., June 17, 2009 – Dynadec, a developer of next-generation optimization solutions that maximize enterprises’ decision-making abilities, today announced the opening of a European office located in Louvain-la-Neuve, Belgium. The expansion is part of Dynadec’s strategy to serve its fast-growing client base in both the domestic and European markets.

Dynadec develops advanced optimization solutions that help companies solve their most complex operational problems under uncertainty – the next frontier of optimization. Using Dynadec’s solutions, organizations can harness real-time data to make business decisions that improve resource allocation, enhance customer service, reduce risk, and maximize revenues.

The Providence, R.I. -based company recently completed a full-day training session on the most recent version of its hybrid optimization system, Comet™, in Louvain-la-Neuve. The fully subscribed training course was attended by technical professionals from both academia and industry.

"We are excited to enhance our presence in the European marketplace," said Christian Heidelberger, Chairman of Dynadec. “Our investment in Europe reflects the growth we see in demand for our optimization technology and solutions, and will allow us to more effectively grow our European customer base.”

"Louvain-la-Neuve is a dynamic city, with one of the oldest and most prestigious universities in Europe. As home to more than 135 innovative companies, it is a natural fit for a company like Dynadec,” said Dynadec technical advisory board member Yves Deville, professor of computing science and engineering at UCLouvain. "Here, Dynadec has access to state-of-the-art research and a significant pool of technical talent, both of which should serve the company well as it continues to enhance its next generation platform.”

About Dynadec
Dynadec develops next-generation business decision optimization solutions that enable enterprises to solve their most challenging and complex operational problems. Dynadec’s hybrid optimization solutions for workforce management, vehicle routing, and resource scheduling are based on the company’s proprietary Comet™ platform, which includes patent-pending dynamic stochastic combinatorial optimization algorithms developed by world-renowned optimization expert Pascal Van Hentenryck, Dynadec’s founder. Comet™-enabled solutions are used by both large enterprises and mid-market companies in a variety of industries including transportation, CPG, healthcare and energy. For more information, visit www.dynadec.com.

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SVM Public Relations
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laura.nelson@svmpr.com
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