Image Solutions, Inc. | Press Releases

Image Solutions, Inc. Announces the Acquisition of the Software Business Unit of Infodata Systems

Whippany, NJ USA (September 16, 2005) - Image Solutions, Inc., (ISI) a leading global technology company providing software and service solutions to clients in the Life Sciences, Government and other regulated industries, announced today the acquisition of the Software Business Unit of Infodata Systems, a wholly-owned subsidiary of McDonald Bradley Inc., based in Herndon, Virginia. With the acquisition of the Infodata Software Business Unit, ISI brings together both intellectual property and talented people representing more than a decade of expertise in the ECM document and compliance management space.

This acquisition will further enhance ISI’s already strong technology position within the Life Sciences industry, as well as advance ISI’s expansion into new markets. The acquisition also adds a powerful set of sophisticated annotation software products and industry-leading compliance management capabilities to ISI’s suite of products. The combined offering will represent a unique solution for organizations seeking to facilitate secure, compliant, enterprise-wide document content management across their collaborative environments.

With this acquisition, ISI inherits three significant enterprise content management (ECM) technologies. The first, AnnoDoc ® annotation technology, is currently deployed in over 50% of the top tier Pharmaceutical and Life Sciences companies worldwide. A second technology is Compose ® , a document publishing solution owned by over 6,000 global customers, across eight vertical markets. The third, Signet ®, is an emerging document rights management technology that enables seamless control and access to documents across ECM environments. All these technologies operate on a single foundation server architecture, significantly enhancing ISI’s ability to offer an enterprise grade suite of products and services.

“We are extremely excited that our steady growth has enabled us to complete our first acquisition” said Jinsoo Kim, ISI’s CEO and President and founder. “It will enable ISI to better serve both our existing customers and those who’ll join the ISI family through this acquisition, now and in the future. ISI remains committed to bringing products and services to market that solve client business problems through the continued dedication to our core values of Integrity, Satisfaction and Innovation.”

About Image Solutions, Inc.

Founded in 1992, Image Solutions, Inc (ISI) is a proven market leader in providing submissions solutions, process services and consulting to Life Sciences companies as a way to improve clinical and regulatory processes that bring new medicines to market. ISI was among the first professional services firm to deliver electronic submissions to the industry and since has delivered thousands of submissions. The company has a 49 percent market share among Top 50 global pharmaceutical for its flagship submission product, eCTDXPress, and 4 of the top 10 pharma now have ISIPublisher.

ISI is a privately held company with headquarters in Whippany, New Jersey and operations throughout the U.S., Europe and Asia. ISI also remains committed to giving back to society and sharing its success with others by donating 10 percent of annual net profits to over 20 recognized charitable organisations. For more information, visit the company website at: www.imagesolutions.com.