As of MATLAB 5.1 (R9), you can use the PCODE function to create a preparsed pseudocode file (P-file) from an MATLAB file. The P-file can be run without the MATLAB file that created it, and cannot be viewed or edited. This will allow you to share code with other MATLAB users, while protecting it intellectually and against changes.
For example, if you have created a file called test.m you can use the PCODE function to create a P-file in the current directory as follows:
pcode test
ls
This will give the following result:
. .. test.m test.p
You can then give the "test.p" file to other users to run.
