Company Announcement

HYPERCUBE, INC. ANNOUNCES UNIQUE ANNUAL LICENSING FOR ACADEMIC INSTITUTIONS

August 23, 1998

Boston, MA (ACS Conference) – Hypercube, Inc., developer of the popular molecular modeling package HyperChem, announced a unique annual license offer for academic institutions in the Untied States and Canada. This annual license allows an unlimited number of users to have access to the software, from a single server for a period of one year. It can be renewed for the same price each subsequent year for a period up to three years. When the license is renewed for the third year the institution is then granted a non expiring perpetual license .

Currently available in US and Canada only, plans are to expand this program globally in the near future. Annual license fees for HyperChem unlimited use from a single server are shown below:

HyperChem Suite = $10,750.00

HyperChem Professional = $7,700.00

HyperChem Standard = $ 4,500.00

Annual maintenance is available for the perpetual license at 17 % of the combined 3 year license fees.

“This innovative licensing program allows academic customers to distribute the capital outlay over a multi year period while maintaining the most current release of the software. It also helps universities budget their expenditures in advance without loosing their investment in a single annual license fee.”, said Millard Pate, director of sales and dealer relations at Hypercube, Inc.

Background
Hypercube, Inc. is a privately held scientific software company incorporated in 1985 and headquartered in Waterloo, Ontario, Canada. Their principal business location is now in Gainesville, Florida. Hypercube’s principal product is HyperChem for Intel-based PCs running Microsoft Windows 95 or NT and machines from Silicon Graphics, Inc. Other products include HyperChem Lite, an introductory version of HyperChem; ChemPlus, a set of extensions to HyperChem; and HyperNMR, a package that performs a priori quantum mechanical simulation of NMR spectra.

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 as well as for performing the calculations of computational chemistry. It is the leading molecular modeling software for the Microsoft Windows environment of IBM-compatible PCs.

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