After some more research, I found that this is possible and is mentioned in release notes of MATLAB Builder NDE Version 3.0 R2008b accessible. Sharing it for other users' benefit.
Can a MATLAB Builder NE build a Dot Net component which uses Matlab Distributed computing server
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I want to call a Matlab Dot Net Component from a C# program and want the component to do parallel computing on a Amazon cluster. Is this possible?
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