02.03.06

EXTEDO is the new name of IABG Life Sciences Solutions in North America

 

Stratham, NH, USA and Munich, Germany – February 21, 2006 – IABG Life Sciences Solutions announced today that it has changed its name to EXTEDO in North America. The new name reflects its identity as a leading international provider of turnkey solutions and high quality services that accelerate the research and documentation process of bringing life sciences products into the marketplace.

Based on EXTEDO’s successful business over the last ten years its experts and products are known throughout the world for the design and integration of turnkey solutions within the field of electronic based regulatory affairs and integrated document management. The products and expertise of EXTEDO are focused on the Pharmaceutical and Crop Sciences industry. Already servicing 7 out of the 10 worldwide leading crop sciences companies, EXTEDO has a well established client base upon which to dynamically continue its business development and growth in North America.

"The new brand will help convey the important message of the complete commitment we have on the business in the USA and Canada," said Tore Bergsteiner, one of the two Managing Directors and founder of IABG Life Sciences Solutions GmbH. “Mr. Knoch and EXTEDO will receive all the support they require to be successful in this dynamic and important market and we are sure that the innovative potential of EXTEDO will be quickly enriched by this step.”

Commenting on the EXTEDO approach to customer-oriented solutions, Andreas Suchanek, one of the two Managing Directors of IABG Life Sciences Solutions GmbH said “Time-to-market is still the major success driver for the pharmaceutical and biotech industries. The new brand will help establish an easy-to-remember name that will be associated with customer satisfaction, business agility and customer needs driven products for the life sciences market.”

“The new brand is an important step going forward. It recognizes the company’s success and international growth and will help us uniquely identify with customers,” commented Lee Knoch, North American Regional Manager of EXTEDO. “The new branding will allow us to focus more of our energy on working with our customers to help them bring their products to market faster with EXTEDO’s comprehensive eSubmission products such as eCTDmanager and DOCvalidator.”