BASF Selects IDBS to Supply Enterprise Research Data Management Platform

E-WorkBook Suite to Provide Informatics and Process Improvements Across Multiple Disciplines

Guildford, UK, and Burlington, Mass., May 4, 2011 - IDBS, a global provider of innovative data management, analytics and modeling solutions, today announced that BASF, the world’s largest chemical company, has selected IDBS to deliver a data management and process development platform across its global research organization.

BASF wish to increase productivity by improving their data management and workflow solutions in the research area, with the ability to secure, integrate and access research data worldwide. This will improve and facilitate the global collaboration between labs and Competence Centers. IDBS E-WorkBook Suite, a flexible framework with pluggable domain specific extensions, will enable BASF to capture and analyze all their data as it is generated across these diverse disciplines. E-WorkBook will be deployed across BASF as a replacement for a number of legacy systems so that information exchange between their research groups can be optimized and the number of interfaces can be minimized. It will be used across organic synthesis, polymer, process and catalytic chemistries, bioprocessing and materials testing.

E-WorkBook is an enterprise data management and process improvement system. Activating the E-WorkBook for Chemistry extensions, it displays advanced ‘cheminformatics’ technology and provides a unique single platform enabling domain specific workflow automation and data management that is easy to deploy, train and use. E-WorkBook is used as a foundation of R&D data management in leading industrial sectors such as pharmaceuticals, energy, engineering and consumer products.

On announcing the engagement with BASF, IDBS founder and CEO Neil Kipling said: “Being selected by a world leader like BASF is a great accolade for IDBS. It recognizes our ability to provide and deploy high value solutions that span multiple disciplines of R&D. The power of data in organizations such as BASF is immense and our passion is in unlocking that value on behalf of our customers.”

“During our selection process IDBS demonstrated to be a strong partner regarding expertise in chemistry research and ability to deliver on promise; these were key factors for our decision. We expect IDBS to be capable to deliver solutions for the heterogeneous research processes of BASF that improve efficiency and knowledge sharing in the labs,” said Dr. Thomas Lorenz, Vice President, BASF Group Information Center.

About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com or in its Social Media Newsroom at newsroom.basf.com.

About IDBS

IDBS is a global provider of innovative enterprise data management, analytics and modeling solutions. The company’s uniquely sophisticated platform technologies are used by more than 200 pharmaceutical companies, major healthcare providers, global leaders in academic study, and high tech companies to increase efficiency, reduce costs and improve the productivity of industrial R&D and clinical research. IDBS is clearly differentiated by its unique combination of award-winning enterprise technologies and domain knowledge in R&D.

IDBS’ solutions help scientists, hospitals and R&D businesses produce the world’s newest therapeutics, diagnostics and personalized treatments, faster, cleaner engines and fuels, breakthroughs in productive agriculture, healthy, safer food products, and high tech materials and consumer products.

Founded in 1989 and privately held, IDBS is headquartered in Guildford, UK with a direct sales and support presence worldwide. IDBS is a Profit Track 100 company and the recipient of multiple awards including the Frost and Sullivan ‘Enabling Technology’ Award in R&D data management for 2010 and Queen’s Award for International Trade 2011. Further information can be found at www.idbs.com, or follow us on Twitter @IDBSsoftware.