How to compile a python package as standalone application using Matlab

In specific I have modified the crisp boundary detection by Phillip Isola, Daniel Zoran, Dilip Krishnan, and Edward H. Adelson. I would like to compile this package into standalone application for python development. Issue is it has a lot of user defined classes. I need to also compile all the inidividual files in each folder in order to initialize all these functions so that I do not waste too much time while running the algorithm through python. I am having a hard time compiling this package using the matlab compiler. Also I am running it quite a lot of issues while calling from python.

Though I am able to do this using matlab.engine. Issue is I cant initialize all the functions using the matlab.engine. Also, I need a standalone application for python (which I am assuming would not require a matlab license to run on python)

The main sample code is present here

http://web.mit.edu/phillipi/pmi-boundaries/