Base4 Receives Market Exclusivity from Open Text; Base4's PharMatrix Product Manages Pharmaceutical R&D Knowledge Building on Open Text's Livelink.TORONTO--(BUSINESS WIRE)--July 6, 1999-- Base4 Bioinformatics Inc. announced today that it has signed an agreement with Open Text Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OTEX OTEX Open Text Corporation (stock symbol) OTEX Orientation Technico-Economique de l’Exploitation ; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) to be the exclusive vendor of Open Text's Livelink technology to the R&D organizations of companies in the pharmaceutical sector. This technology is incorporated in Base4's PharMatrix(TM) software suite for pharmaceutical R&D project management. PharMatrix is a comprehensive collaborative, project and knowledge management solution for pharmaceutical discovery and development. Current corporate users include research-based pharmaceutical, vaccine, biotechnology, proteomics, pharmaceutical manufacturing and healthcare companies, as well as institutional research organizations. "The international, collaborative, high risk and long timeframe characteristics of modern drug discovery have made electronic project management essential," stated Dr. Martin Sumner-Smith, Base4 President. Under the terms of the agreement, Base4 gains the exclusive right to sell Livelink technology to the R&D groups of all companies in the pharmaceutical and related sectors that perform any R&D in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. or Canada. Base4 maintains non-exclusive sales rights to all other companies and organizations in its target market. John Shackleton John Shackleton (? - 14 or 16 March 1767, London) was a British painter and draughtsman who produced history paintings and portraits. His parents and origins are unknown. Output , Open Text President, commented, "Base4 has demonstrated unparalleled, in-depth understanding of the needs of pharmaceutical researchers and the substantial benefits that they can derive using knowledge management solutions to speed drug discovery and development. This agreement advances Open Text's strategy to partner with world leaders For a list of heads of state, see . World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia. in high value industrial sectors." Base4 Bioinformatics Inc. is a pharmaceutical informatics company that develops and applies data and knowledge management tools to improve research and development processes within the pharmaceutical and biotechnology industries. The Company's U.S. head office is located in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. and its Canadian head office is located in Mississauga, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen . Base4 also maintains offices in the New Jersey area, Philadelphia and Vancouver. Further information about Base4, its products and services, and its partners and customers can be found at www.base4.com. Open Text has pioneered the development of intranet, extranet and corporate portal solutions that allow organizations to innovate at a consistently faster rate. Open Text has become the largest supplier of collaborative Web-based solutions for the enterprise with over 3 million users in 31 countries and 12 languages throughout the world. Recent studies by International Data Corporation and the Delphi Group found Open Text to be the leader in both installed base growth and market share. Further information about the company and its solutions can be found at www.opentext.com. PharMatrix is a trademark of Base4 Bioinformatics Inc. and Livelink is a trademark of Open Text Corporation. |
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