. Business 131V Success Matthew and Jan Engelbert Two University of Michigan graduates are tyting' into the software market. RUTH UTIMANN STAFF WRITER he arithmetic won't look familiar to the layman: MA + 2BA = B2/A2. But for the Engel- bert brothers, the equation denotes success. Jon and Matthew Engelbert, both Uni- versity of Michigan alumni, have applied their respective mas- ter's (MA) and bach- elor's (BA) degrees to a thriving software business they started soon af- ter graduating in 1990. Beige Bag Software (B 2) is located near the campus of the Engelberts' alma mater in Ann Arbor (A2). Last year, the venture grossed more than $75,000. Clients include NASA, Bell Laboratories, Sony and about 50 universi- ties worldwide. Beige Bag Software offers low-cost computer programs enabling users to design and simulate computer circuits. Unlike products preceding it, Beige Bag Software is geared to students, as well as busi- nesses. The venture began when Jon, 26, was working toward his master's in electrical engi- neering and Matthew, 24, was completing the bachelor's pro- gram at the U-M business school. Both received job offers from major corporations, but they decided to take a calcu- lated risk and become entre- preneurs. Together, they capitalized on Jon's engineering talent and Matthew's business savvy. The brothers became their own bosses. While working as a teach- ing assistant in the engineer- ing department, Jon had devised a computer program to facilitate the learning of Dig- ital Circuit Design, concepts every electrical and computer engineering student must un- derstand. The Engelbert parents, David and Lynn, encouraged Jon to market his idea. After consulting professors, he did. But not without the help of Matthew, who serves as di- rector of marketing and sales for Beige Bag. "Jon was always more con- cerned with his studies and I was always president of my class," Matthew said. "He can spend 16 hours in front of the computer and I can spend 16 hours talking." The brotherly partnership has reaped profits — mone- tarily and otherwise. Beige Bag Software originally was designed for the Macintosh computer. When Beige Bag came out with its user-friend- ly software package for IBM compatible personal comput- ers, its software started sell- ing quickly. The company offers two pro- grams: B2 Logic for digital cir- cuit design simulation and B2 Spice for analog design and simulation. Valdis Liepa, a sci- entist and adjunct professor at U-M, uses. B2 Spice in the classroom and for research. Mr. Liepa said the Engelberts sell an effective product and care about their customers. " B2 Spice is extremely easy to use," he said. "And when I have a problem, I can always call their number and there's always someone there who an- swers the phone." Professor Eugene Henry at the University of Notre Dame uses the B2 Logic program for his beginning engineering stu-