Redasoft, SoftHome International Sign Distribution Agreement for Visual Cloning Software in Taiwan.

Redasoft, SoftHome International Sign Distribution Agreement for Visual Cloning Software in Taiwan.

Toronto, ON - August 6, 2002 - Redasoft, a global provider of drug discovery productivity enhancement software for the life science research community and SoftHome International, a leading distributor of scientific, technical, and engineering software, today announced an agreement for the non-exclusive distribution of Redasofts desktop software product, Visual Cloning, for the Taiwanese market.

"We are extremely pleased to form this partnership with SoftHome International for the distribution of our industry leading desktop software product, Visual Cloning, in an important developing market," said Danny Reda, Redasofts President and Chief Executive Officer. "SoftHome Internationals leadership position in the Taiwanese market will be instrumental in expanding our customer base in this area."

Redasoft Visual Cloning is an industry leading software suite that enables increased efficiency and productivity in drug discovery research. Key features of the software include exceptional graphics, extensive web integration, advanced restriction analysis, open reading frames search, primer design, a sequence viewer, subsequence search, and an intuitive user interface.

About SoftHome International
SoftHome International is a leading Taiwanese distributor of scientific, technical, and engineering software. The company was founded in 1994 and has an impressive customer list from both the corporate and academic communities. SoftHome International has 5,000,000 NTD in capital and uses a range of promotional activities to support their products. Additional information about SoftHome International can be found at http://www.softtech.com.tw.

About Redasoft
Based in Toronto, Canada, Redasoft is a global provider of drug discovery productivity enhancement software for the life science research community. Founded in 1997, Redasofts mission is to be an enabling solutions provider of intuitive, easy to use integrating software and services for drug discovery research. Redasoft's software empowers life science researchers to visualize genetic data, analyze biomolecules, and develop experiment strategies to learn more about the fundamental building blocks of life. Additional information about Redasoft can be found at http://www.redasoft.com.

Redasoft and the Redasoft logo are trademarks of Redasoft Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Note to editors: If you are interested in viewing additional information on Redasoft, please visit the Redasoft Web page at http://www.redasoft.com/corporate/ on Redasoft's corporate information pages.

Contact
For further information, contact Evan Carmichael at ecarmichael@redasoft.com.