2 Occam Court
Surrey Research Park
Guildford, Surrey
GU2 7QB
United Kingdom
Tel: +44 1483 595 000
Fax: +44 1483 595 001
4th Floor, Pembroke Building
Kensington Village
Avonmore Road
London, W14 8DG
United Kingdom
Tel: +44 207 565 8620
Fax: +44 208 237 8441
18 Rue Pasquier,
Paris, 75008
France
Tel: +33 01 78 41 44 46
1301 Marina Village Parkway
Suite 320,
Alameda, CA 94501
Tel: +1 510 814 4900
Fax: +1 510 814 4910
750 US Highway 202,
Suite 200,
Bridgewater, NJ 08807
Tel: +1 908 429 2900
Fax: +1 908 429 2901
25 Burlington Mall Road
1st Floor, Suite #107
Burlington, MA 01803
Tel: +1 781 272 3355
Fax: +1 781 272 3377
Shibuya Mark City W22F
1-12-1 Dogenzaka Shibuya-ku Tokyo
150-0043 Japan
Tel: +81 3 4360 5344
info-japan@idbs.com
F409/410 Kailas Industrial Complex
Park Site, Vikhroli(W)
Mumbai, 400079
India
David Morris - DMorris@idbs.com
Tel: +912225181705
Room 207, Block A, Innovation Building
NO.333 Cailun Road, Zhangjiang High Tech. Park
Shanghai 201203
China
Tel: +86-21-6468-5535/6469-1770
Fax: +86-21-6468-5366
Conor Higgins
PO box 9079
Brighton
Melbourne
Vic 3186
Conor Higgins - chiggins@idbs.com
Tel: +61 410 708 052
Guildford, UK, April 1 2008 - IDBS, provider of data management, analysis and decision support software, is proud to report double-digit revenue growth and profitability for 2007 despite increasingly challenging market conditions. Sales revenues have increased by almost 50% since 2005, on the back of major developments to core product lines such as the ActivityBase Suite. Much of the revenue also coming from existing customers who have invested in new technologies such as the E-WorkBook Suite, with a consistently high level of renewals and substantial market expansion to new customers.
"The excellent sales performance over the past few years reflects the innovations we have made in the management of discovery data," commented Neil Kipling, founder and CEO of IDBS. "Innovation, supported by a proven ability to deliver and perform according to customer expectations, has made IDBS a trusted partner to an increasing number of, not only pharmaceutical companies, but also other companies who realize the value we can deliver."
IDBS' sustained financial growth has enabled continued investment in both customer support and development. IDBS has complemented its existing consultancy function with more dedicated chemistry and biology specialists in both the EU and US. Investment in software development has resulted in major new product features and expansions to our product line.
Neil Kipling added: "I am delighted at our financial success and am confident this will continue, as long as we continue to deliver first-class products and services. Many other informatics providers are failing because they have become too preoccupied with the balance sheet and have forgotten about the customer. Being customer-focused has brought IDBS growth and given us a reputation as the leading supplier of data management solutions to pharmaceutical and beyond. This is a reputation we are extremely proud of and determined to protect."
IDBS is a leading provider of integrated software solutions to the life sciences industry. Maximising the value of research data by enabling organisations to capture, store, share and use data efficiently and effectively, whilst protecting intellectual property across the spectrum of discovery activities.
Headquartered in Guildford, UK, IDBS has U.S. offices in California, New Jersey and Massachusetts. IDBS partners with CTC Laboratory Systems in Japan and a network of distributors to market IDBS products and services in Asia. Founded in 1989, IDBS employs more than 150 people worldwide.
Danielle Guinebertiere, IDBS Communications Director
Tel: +1 908 429 2933
Email: dguinebertiere@idbs.com
" IDBS products provide a complete view on our data, reducing experiment duplication, sharing data across the organization and freeing scientists from report creation, giving them back vital research hours. "
Hector Sanchez
Senior Director R&D Informatics, UCB