Genedata and Axxam Announce High Throughput Screening Data Analysis Collaboration

Basel, Switzerland and Milan, Italy, July 3, 2008

Genedata, a leading provider of in silico solutions for the pharmaceutical and life science industries, and Axxam, a leading biotechnology research organization offering early-stage discovery research services for the life science industry, have signed a multi-year contract for the implementation of the Genedata Screener® data analysis and management platform into Axxam`s high throughput screening process.

With an increasing number of pharma and life science companies outsourcing entire stages of their research cycle, the contributions of contract research organizations (CROs) to drug development have never been more crucial. Faster development, earlier decisions on project failures, and higher approval success rates are becoming the norm. To continuously meet those high standards, Axxam relies on Genedata Screener. Screener’s high-quality, high-performance modular system rapidly and flexibly analyzes, integrates and manages all assay data and then combines it with chemical, pharmacological and in vivo information to support Axxam scientists in prioritizing compounds and identifying quality lead structures with the highest confidence. Screener`s open and scalable architecture integrates with existing infrastructures, which allows it to be tailored to specific discovery processes, maximizing value.

Dr. Stefan Lohmer, CEO of Axxam, said, ”Establishing flexible and efficient working practices to ensure client satisfaction is our top priority as a reputable service provider. Genedata`s consistently high performance and data quality along with their expertise and profound scientific knowledge enable us to meet that goal on a daily basis, with rigorous quality control covering every detail, as well as keeping to deadlines and budget terms. Thus, our focus extends beyond the actual license agreement with Genedata, towards a comprehensive, long-term partnership in high throughput screening.”

Dr. Othmar Pfannes, CEO of Genedata, stated, “We are proud to have met Axxam`s high selection standards. Genedata as leading research informatics provider and Axxam as ‘best-in-class’ contract research organization for life science discovery research are creating a powerful synergy here that lets us look with excitement to the future.“

About Axxam
Axxam is a science-driven biotechnology company, which offers early-stage discovery research services for the life science industry. The company applies its comprehensive from genes to leads activities to Discovery Services that we provide for customers and to internal Discovery Research. Activities include assay development, high-throughput screening (HTS) and compound profiling. A team of almost 70 qualified personnel is committed to advance the discovery projects of our partners. The scientific know-how of our team is built upon years of experience as part of the assay development group of the Bayer HealthCare, Research and Development organization prior to the late 2001 inauguration of Axxam as an independent private company. The growing list of our collaborations in the life science industry is recognition of our success in areas such as the pharmaceutical, agrichemical, fragrance, cosmetic, flavour, food and beverage branches. Axxam is a privately-owned company with offices and state-of-the-art laboratories located in the San Raffaele Biomedical Science Park, Milan. For more information visit: www.axxam.com.

About Genedata
Genedata transforms data into intelligence with a portfolio of advanced software solutions for drug discovery, industrial biotechnology, and life science research. Used by a majority of the world’s top 50 pharmaceutical companies and leading research organizations, Genedata solutions make research data accessible and understandable, enabling scientific discovery that fights disease and improves health and quality of life worldwide. Founded in 1997, Genedata is headquartered in Switzerland, and has offices in Japan, Germany, and the US. www.genedata.com

Contact
Allison Kurz
Genedata
Marketing & Communications
Phone: +41 61 511 8459
communications@genedata.com

Jackie Thrasivoulos
Genedata
Public Relations
Phone: +1 508 881 3109
jackie.thrasivoulos@genedata.com

Axxam SpA
Corp Communications
Elisa Buzzi
Phone: +39 02 2105664
Fax: +39 02 2105602
elisa.buzzi.eb@axxam.com
www.axxam.com

Disclaimer
The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties related to contract cancellations, developing risks, competitive factors, uncertainties pertaining to customer orders, demand for products and services, development of markets for the Company's products and services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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