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All Press Releases for January 22, 2002 Subscribe to this News Feed    
 

CDC Solutions Management Team Gears up for Growth in Life Sciences Sector -- Life Sciences Software Company Posts Strong Finish in 2001 --

UK Headquartered CDC Solutions has announced record annual revenues which amount to an increase of 49% from the prior year. new clients in the Pharmaceutical sector also revealed

PHILADELPHIA, PA and CHIPPENHAM, U.K. -- January 16, 2002 -- CDC Solutions Ltd. (www.cdcsolutions.com), a global leader in regulatory and enterprise content publishing, today announced record annual revenues which amount to an increase of 49% from the prior year. In addition, CDC Solutions posted record high sales in Q4 2001, with exceptionally strong revenues in Europe.

CDC Solutions has earned consistent growth each year since its inception in 1994 by co-founders Dave Cornwell and Jim Cook. At this time of continuing success, however, the company also announced that Cornwell has decided to leave the company to pursue other business interests. Cornwell will surrender his post as Senior Vice President International Business Development as well as his seat on the companys board of directors. Jim Cook will continue to serve as Chief Technology Officer with the company.

Philip Padfield, Chief Executive Officer at CDC Solutions said, We are indebted to Dave Cornwell for spearheading CDCs journey to its current position of industry leadership. Together with Jim Cook, Dave was instrumental in nurturing the company and securing significant funding through its early years. Following a record quarter and the signing of 14 new clients, CDC Solutions is poised to make tremendous strides forward in 2002." The list of new clients includes Ares Serono, Aventis Behring, King Pharmaceuticals, Nestle, and Pfizer.

To support its planned growth in the Pharmaceutical, Medical Devices, and Biotechnology spaces in 2002, CDC Solutions has also announced organisational restructuring in both its European and U.S. offices.

Mark Kesti, formerly Director of Sales & Business Development at Clarkston Group, has been appointed to the position of U.S. Vice President Sales & Marketing in CDCs Conshohocken, PA office. Prior to his position at Clarkston Group, Kesti also served as Vice President of Sales at Skila Corporation.

Paul Moorhead has also joined the CDC Solutions team. Moorhead previously served as Chief Executive Officer at High Alpha Ltd. He assumes the position of Vice President Global Customer Services in CDCs home office in Chippenham, U.K.

CDC Solutions also recruited additional personnel in product marketing in France, Japan, and Germany to accelerate the expansion of the company in global markets

About CDC Solutions Ltd.
Founded in 1994, CDC Solutions is the leading provider of enterprise-scale document solutions for the Life Sciences industry. CDC Solutions is trusted by pharmaceutical and life sciences companies worldwide, and is poised to set the standard for the production of new drug applications (NDAs), reports, bids, proposals, technical documentation, and other mission critical information. The companys flagship software, EZsubs Publishing Suite, offers unmatched flexibility and dexterity and is built on proven, world-class technology that transforms proprietary content into open formats such as XML and PDF. Offering both out-of-the-box solutions and seamless integration with leading document management systems and virtually any source or repository, CDC Solutions open, flexible technology enables information assets to be assembled, published, and re-purposed for optimum value.

CDC Solutions has offices in Philadelphia, PA U.S.A., Chippenham England, and Chepstow Wales. For more information, call +44 1291 635400 (United Kingdom) or 610.834.9021 (CDC Solutions Inc., North America), or visit the CDC Solutions website at www.cdcsolutions.com.

CDC Solutions, CDC Solutions Inc., EZsubs Publishing Suite, PDFfusion, PDFrender, PDFaqua, PDFtools, PDFcontrol, Xport and Xtensia are trademarks or registered trademarks of CDC Solutions Ltd. All other product and company names mentioned herein are trademarks of their respective holders.

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