Matrix and Sparta Inc. agree on cooperation for US market
February, 2004 - SPARTA Inc. an employee-owned company with headquarters in Lake Forest, California and Matrix Advanced Solutions, a European based technology company, have recently agreed to establish a consortium that will provide advanced data analysis and modeling to the US and European defense and commercial industries.
SPARTA's unique data modeling technology and expertise in the defense industry together with Matrix's novel Artificial Intelligence data analysis technology presents a completely new service and technology for both defense and commercial industry players. The consortium will offer the ability to solve problems that have until now been considered unsolvable. Data modeling addresses several vital needs of industry.
The consortium's novel technology can be applied to almost any problem ranging from missile defense to medical devices and even material and drug development.
Matrix CEO, Sion Balass - 'The establishment of such cooperation with a company like SPARTA represents a significant advancement for Matrix in its attempt to penetrate the US market. This is a major step forward for Matrix and we are delighted to have the opportunity to work with SPARTA. Together, we have established a scientific team with a strong vision. Our goal is to provide solutions and breakthroughs that will change the way people think today. I truly believe the team is destined to reach great heights.'
SPARTA Inc. provides systems engineering and advanced technology products/services to the Department of Defense, other government agencies, and large commercial businesses. SPARTA has over 1000 employees, with sales of $203 million in 2003. www.sparta.com
