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Mitsubishi Space Software Co. Ltd Enters into Distributorship Agreement with Waban Software, Inc.

Mitsubishi to Sell and Support Waban Software’s Products in Japan

CAMBRIDGE, MA & TOKYO, Japan (September 11, 2006) - Mitsubishi Space Software Co. Ltd (MSS), a Systems & Information Technology firm that provides services, solutions and systems for government and enterprise in areas such as Space systems, Defense Systems,Bioinformatics, Security , Business Information Systems, Medical Systems etc., and , Waban Software, Inc. the leading provider of software products for the capture, management,integration and analysis of clinical and genomics data, today announced that they have entered into an exclusive distributorship agreement under which MSS will sell Waban’s Data Integration, Analysis and Reporting Systems - Waban Explorer PGx and Waban SCE - in Japan.

“The rapid global growth of the field of Clinical Pharmacogenomics, Biomarker Development and Personalized Medicine and the increased demand in Asia meant that we needed to develop and support the Waban user community, particularly in Japan," said Himanshu Oberoi, President, Waban Software. “Mitsubishi's commitment and domain understanding of the emerging area of Clinical Pharmacogenomics and the experience in implementing enterprise software systems led us to select Mitsubishi as our partner in Japan.”

"Waban’s products have the most successful track record in the Clinical Pharmacogenomics and Biomarker Development space. In addition, we needed to partner with a well established company with multiple global installations at pharmaceutical, biotechnology and CRO companies in Europe and the US,” stated Yoshinori Sato, Manager, Bioinformatics Department at Mitsubishi Space Software Co., Ltd. “There is considerable interest in Japan for Waban’s product and we are excited to be Waban’s chosen distributor in Japan."

Waban Explorer PGx provides a secure 21CFR11 compliant platform for integrating multiple data sources such as genotyping, gene expression, demographic, drug safety etc. and enables exploring, browsing, querying and running analyses using multiple analysis tools. Waban SCE (Statistical Computing Environment) provides a controlled environment for the management of analyses and reporting in a 21CFR11 manner with full audit trail and traceability. Waban SCE is fully integrated with multiple analysis tools such as R, S+® and SAS®.

About Mitsubishi Space Software Co., Ltd
Mitsubishi Space Software Co., Ltd. (MSS) is a Systems & Information Technology firm that provides services, solutions and systems for government and enterprise, under the corporate philosophy of contributing to a better society through advanced technologies. Responding to customer's needs, MSS has been expanding its businesses in new fields. Areas covered include Space Systems, Defense Systems, Bioinformatics, Disaster Prevention & Security, Government Information Systems, Business Information Systems, Medical Systems, Public Infrastructure, Environmental Assessment and Internet Communication. MSS is headquartered in Tokyo, Japan. For more information, visit www.mss.co.jp.

About Waban Software
Waban Software provides life sciences information management software products that enable pharmaceutical and biotechnology companies to easily capture, integrate access, manage and analyze life sciences and clinical trial data easily on a single platform. Waban's 21CFR11 and HIPAA compliant products help control, manage and track Biological Samples, Patient Information and Confidentiality and help integrate Clinical and Genomic data for Analysis and Reporting. Waban is the leading provider of software products in Clinical Pharmacogenomics with marquee customers such as Johnson & Johnson, Bristol Myers Squibb, Boehringer Ingelheim, Genzyme Corporation, Cogenics (Genaissance Pharmaceuticals) 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 Contacts:
Yoshinori Sato
Business Development Manager, Bioinformatics Department
Mitsubishi Space Software Co., Ltd.
+81-6-4961-8861
jin-sato@cbo.mss.co.jp

Pratap Malik, Ph.D.
Vice-President, Corporate Strategy and Business Development
Waban Software, Inc.
+1 617-868-8911 ext. 201
pmalik@wabansoftware.com

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