Visual Numerics Inc., a leading provider of numerical analysis and visualization software, announced the availability of the JMSL Numerical Library Version 3.0 for Java applications, a comprehensive, 100 percent Java numerical analysis package.  JMSL 3.0 offers a broad collection of mathematical, statistical, financial and charting classes and is designed to provide a fast, scalable framework for tailored analytical applications, enabling users in the fields of finance, business intelligence, bioinformatics and life sciences to easily create customized applications for data mining and predictive analysis of complex data.

New features in the JMSL Library 3.0 include neural network engines for advanced forecasting and data mining; algorithms for easy pre- and post-processing of data; added multiple linear regression and non-linear regression algorithms for producing predictive models; hierarchical cluster analysis for classifying and analyzing data and a new heat map chart.

"Our latest JMSL Library offering with the addition of neural network algorithms now provides analysts with the most powerful forecasting functionality available on the Java platform.  It is ideal for a number of business analytics applications including portfolio optimization and risk management, manufacturing yield analysis and process control, as well as conducting customer and market analysis," said Phil Fraher, COO of Visual Numerics. 

The JMSL Library 3.0 is available immediately from Visual Numerics.


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