Qumas named in Top 10 list

Dateline: 22 July 2003

QUMAS (www.qumas.com), the leading provider of Enterprise Compliance Management solutions for the life sciences industry, has been named as one of Ireland’s Top 10 software exporters for 2002 by Irish Computer Magazine for the second consecutive year. QUMAS improved on its 2002 listing by finishing in 8th position with annual revenues of €10 million.

Paul Hands, QUMAS Chief Executive Officer and co- founder, stated, “To be recognized by Irish Computer Magazine for a second time is indeed a great honor. 2002 has been our most successful year to date, with each of our export markets making a significant contribution to increased revenues.” He continued, “With our latest round of new product releases, the company continues to gain market momentum. We envision 2003 to be another recordbreaking year for QUMAS.”

In its analysis of QUMAS’ performance, Irish Computer Magazine referenced numerous milestones achieved over the last year, including receipt of the Frost & Sullivan Vertical Market Engineering Award, which identified QUMAS as the global market leader in Enterprise Compliance Management solutions to the life sciences industry.

The magazine cited the opening of QUMAS ’ new corporate headquarters in Cork, Ireland, and the establishment of a European sales office in Hemel Hempstead, UK. Also highlighted were the firm’s recent product releases, CAPACompliance®, QUMAS Visa, SubmissionsExpert, and e-DocCompliance™ for the Oracle platform , as well as roducts slated for release during the remainder of 2003, including a version of e-DocCompliance® for Microsoft®
SQL Server™ and 21 CFR Part 11-compliant online training management program, e- RegulatoryIQ®.

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