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GeneOS licenses Waban Software’s Biological Sample and Laboratory Information Management System

IBM to Host GeneOS Servers

CAMBRIDGE, MA and HELSINKI, Finland (August 5, 2005) – Waban Software, the leading provider of software solutions for clinical and genomics data management and analysis, today announced that GeneOs, Ltd, a Finnish BioHealthcare Information company selected Waban’s solution to form the core of operational as well as patient database.

GeneOS will leverage Waban’s Biological Sample and Laboratory Management, and Data Analysis and Reporting System for building and coupling patients' longitudinal healthcare data with information from blood samples.

Waban’s Biological Sample & Laboratory Information Management System will be used to support the clinical and operational need of GeneOS for collecting the patient's medical history,drug history and genetic information into specific biohealth database, which serves as a comprehensive repository of retrospective and prospective data.

Waban’s solution will form the centralized database to store information in an integrated environment that originated from various registries making the analysis of the clinical outcomes easier and more efficient. The software will be deployed on GeneOS’ servers managed by IBM Hosting Services in Helsinki, Finland. IBM will provide technical and operation support, security enhanced networking to GeneOS and hospitals, and control the servers.

“Waban is delighted to work with GeneOS and provide a software solution that would enable the company to meet its mission of the combining expanded genomic and molecular information with Finland’s comprehensive healthcare system and record keeping to unlock the promises of Stratified Medical Outcome,” said Himanshu Oberoi, Ph.D., President of Waban Software.

According to Steve Lehrer, CEO of GeneOS, “After an exhaustive market search we found that Waban’s products are unique in providing the kind of functionalities that meet the specialized needs in patient information management, bio-sample management and data querying, and analysis and reporting. Our previous knowledge of the Waban team combined with the fact that several leading global pharmaceutical companies have extensive experience of using effectively Waban’s products for several years for managing and analyzing sensitive patient information was an important part of the our decision making process”.

About GeneOS
“GeneOS Ltd. is a BioHealthcare Information Company, based in Finland and the U.S., focuses on developing new medical tools, protocols and treatments to improve healthcare delivery.GeneOS leverages its unique access to the Finnish population, associated medical records,detailed clinical diagnostic data, outcomes data and genealogy records to: accelerate recruitment for clinical trials, assist pharmaceutical companies in better understanding how their products are used, identify, validate and commercialize biomarkers for use in drug development, molecular diagnostics and improved patient care and to enable pharmaco-economic and other disease

About Waban Software
Waban Software, Inc., provides life sciences information management solutions that enable pharmaceutical and biotechnology companies to easily capture, integrate, access, manage and analyze life sciences and clinical trial data on a single platform. Waban's solutions help companies such as Johnson & Johnson, Bristol-Myers Squibb, Genaissance Pharmaceuticals, Human Genome Sciences and PPD to significantly streamline the management of data from drug discovery and development processes, enabling more rapid analysis and submission to regulatory authorities. The privately held company is based in Cambridge, Massachusetts. For more information, visit www.wabansoftware.com.

Press Contact:
Pratap Malik, Ph.D.
Waban Software, Inc.
617-868-8911 ext. 201
pmalik@wabansoftware.com

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