February 28, 2002
FOR IMMEDIATE RELEASE

VISUAL NUMERICS ADDS THREE NEW EXECUTIVES

BOULDER, Colo. -- Visual Numerics, Inc., a developer of web-enabled data visualization, numerical analysis and enterprise software solutions, today announced that it has added three senior executives to its worldwide management team, including the head of U.S. operations.

Phil Fraher has been named executive vice president of U.S. operations. He has direct responsibility for North American sales, product development, technical services, financial management, marketing, and corporate services.

Fraher has more has than ten years of executive management experience in the software industry. Prior to joining Visual Numerics, he served as the chief operating officer and chief financial officer of Brightmail, Inc., a leading provider of e-mail, message management, and content-filtering solutions.

Earlier in his career, Fraher held financial management positions at Pilot Software, a developer of online analytical processing (OLAP) tools, and Exxon Production Research Co., which develops oil exploration software, among other products.

Fraher earned an MBA from the University of Rochester William E. Simon School of Business Administration and completed his undergraduate studies in Computing Engineering at Auburn University.

"Joining Visual Numerics is like returning to my professional roots," Fraher said. "My previous experience at Pilot and Exxon is directly related to the work being done at Visual Numerics, namely the development of decision-making software tools. It is exciting to join a company that has already established a great position in the industries of the future, where our products will continue to assist our customers' mission-critical data analysis requirements."

Fraher said he was also attracted to Visual Numerics' "tremendous" corporate assets, such as strong brand recognition, product quality, long-term employees, and a large customer base.

In related news, Visual Numerics named two other executives to its senior management team: Sean Fitzgerald and Maura McGinnity.

Fitzgerald has been named vice president of development and technical services. Fitzgerald's primary responsibility is to lead the development and implementation of Visual Numerics' strategy and vision for current and emerging technologies and services. Prior to joining Visual Numerics, Fitzgerald worked for the Masters Institute, where he was executive vice president of product development.

McGinnity has been named director of marketing and business development. She is responsible for managing product marketing, business development, and marketing communications. Formerly, McGinnity was the director of corporate development at Tumbleweed Communications, a provider of software solutions for managing secure Internet communication and collaboration. While at Tumbleweed, she was responsible for marketing and strategic technology partnerships with companies such as BroadVision, Siebel Systems, Sun Microsystems, and Hewlett-Packard.

About Visual Numerics

Privately held Visual Numerics (www.vni.com) has provided technical software solutions for over 30 years. The company's software products help users understand complex data from a variety of data sources. Visual Numerics provides its data visualization and numerical analysis software tools to major corporations, academic institutions, and research laboratories worldwide. Typical users include scientists, researchers, engineers, and financial analysts at organizations such as Bear, Stearns & Company; Sandia National Laboratories; Boeing Company; and Coleman Research Corp. This large and diverse customer base is supported through a direct sales force, wholly-owned international subsidiaries, and international distributors.

Visual Numerics' product line includes the IMSL Libraries for mathematical and statistical analysis; the PV-WAVE Development Environment for desktop visual data analysis applications; the PV-WAVE Web Development Environment for network-based visual data analysis applications; and PV-WAVE Applications and Toolkits for time-series data analysis, image processing, and signal processing.

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Editor's Notes:
PV-WAVE and IMSL are registered trademarks and JWAVE is a trademark of Visual Numerics.
All other company, product or brand names are the property of their respective owners.