Oxford, UK (Scicasts) - According to an announcement from the Numerical Algorithms Group (NAG), researchers, application developers and other users of technical computing software seeking a broad range of mathematical and statistical functionality without the considerable expense and bother of sourcing multiple MATLAB toolboxes, can now access 1,415 rigorously tested numerical routines in the Mark 22 Release of the multipurpose NAG TOOLBOX FOR MATLAB.

This one-stop solution for numerical computing needs also allows users to easily and confidently migrate prototype code developed in the MATLAB environment to final production code in advanced programming languages such as C or FORTRAN while still using the same robust algorithms. In addition, this release of the NAG TOOLBOX FOR MATLAB includes more than a dozen quickly accessible MATLAB-based examples of advanced programming for optimization problems, simulations, time series analyses and other functions important to a wide range of applications

NAG TOOLBOX FOR MATLAB is available for both Linux and Microsoft Windows.  For a listing of the new routines included see http://www.nag.co.uk/numeric/mb/newatmark22.asp.

Commenting on the algorithmic quality in the NAG TOOLBOX FOR MATLAB, Dr. Ning Guo of the University of Warwick, UK (an institution with world-renowned Finance, Engineering among other departments) said, “I am especially impressed by the optimization algorithms provided.  One improves my maximum likelihood estimates where sample size is small causing non-concentration likelihood. Ordinary algorithms perform poorly. ”

David Cassell, Product Marketing Manager for the NAG organization comments, “Like all NAG products, the NAG TOOLBOX FOR MATLAB has been developed to help users safeguard and future proof their software investments.  All the routines included in the NAG TOOLBOX FOR MATLAB were written by experts in their fields and rigorously tested for correctness, reliability and robustness.   No other MATLAB toolbox can match the level of expert documentation included or the detailed example programs, - invaluable aids in selecting the right algorithm without wasting time.”

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