Redasoft, ChemCAD Sign Distribution Agreement for Visual Cloning Software in France.

Redasoft, ChemCAD Sign Distribution Agreement for Visual Cloning Software in France.

Redasoft, ChemCAD Sign Distribution Agreement for Visual Cloning Software in France.
Toronto, ON - December 19, 2002 - Redasoft, a global provider of drug discovery productivity enhancement software for the life science research community and ChemCad, a leading reseller of scientific software, today announced an agreement for the non-exclusive distribution of Redasofts desktop software product, Visual Cloning, for the French market.
"Frances biotechnology industry is the third largest in Europe and is made up of over 250 companies," said Danny Reda, Redasofts President and Chief Executive Officer. "These companies employ 15,000 people and generate turnover of over $2.8 billion. There is also an impressive level of support from both public and private sectors for medical biotechnology and pharmaceutical research as well as a very strong level of funding from the French research councils to promote growth in this sector. We are therefore very pleased to announce this partnership with ChemCAD to represent Redasoft in France."
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 ChemCAD
Created in 1995, ChemCAD is a French company reselling chemistry, physico-chemistry, spectroscopy and material scientific software and databases to French speaking customers. Located in Obernai, near Strasbourg (North east of France), ChemCAD is very well established and has a database of more than 14,000 prospects. Their customer base is mostly in France, Belgium, Spain, and North Africa, and includes large pharmaceutical, chemical and petroleum companies. They also sell to university and governmental research labs. Additional information can be found at http://www.chemcad.com.
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.