Redasoft and ChemSW Sign Distribution Agreement for Visual Cloning Software.

Redasoft, a global provider of drug discovery productivity enhancement software for the life science research community, and ChemSW, Inc., a leading provider of chemical and biochemical inventory management systems, today announced an agreement for the distribution of Visual Cloning, Redasofts desktop genetic map drawing and sequence analysis software package.

Toronto, ON - January 28, 2003 - Redasoft, a global provider of drug discovery productivity enhancement software for the life science research community, and ChemSW, Inc., a leading provider of chemical and biochemical inventory management systems, today announced an agreement for the distribution of Visual Cloning, Redasofts desktop genetic map drawing and sequence analysis software package.

"ChemSW serves a broad range of customers throughout the world, including those involved in genetic analysis work," explained Brian Stafford, President of ChemSW. "Our relationship with Redasoft enables us to add a sophisticated, highly specialized software capability to our existing inventory management and tracking offerings."

"Life science research is increasingly becoming an interdisciplinary endeavor," said Danny Reda, Redasofts President and Chief Executive Officer. "Researchers need to combine biology and inventory management software to improve their effectiveness in the lab. We are therefore extremely pleased to enter into this agreement with ChemSW for the distribution of Visual Cloning and look forward to future opportunities to unite biology with inventory management applications."

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 ChemSW
ChemSW, founded over a decade ago, is a leading provider of chemical and biochemical inventory management systems, MSDS systems and other chemistry laboratory software and services. ChemSWs wide range of products streamline laboratory processes and reduce chemical purchasing and disposal costs. ChemSW supports over 10,000 customers in more than 40 countries throughout the world. For more information, visit www.chemsw.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.

Contact
Jennifer Dahlgren, Dahlgren Communications, (530) 265-0538, jdahlgren@gv.net
Brian Stafford, President, ChemSW, (707) 864-0845, bstafford@chemsw.com
Evan Carmichael, Redasoft, ecarmichael@redasoft.com