Sunday, November 11, 2007

BIOBASE Enters into a Custom Curation Service Agreement with Procter & Gamble

BIOBASE Corporation in cooperation with Procter and Gamble announced the signing of an agreement for the continuation of a custom curation project between the two companies. Adding to the rapid growth of their database development and custom curation service business, BIOBASE will provide Procter and Gamble customized regulatory pathway research data created by their highly skilled, expert manual curation teams.

BIOBASE has long-term expertise in high-quality manual literature curation in the areas of gene regulation, signal transduction and protein annotations. To meet the growing demands of its customers for custom services, in addition to its offices in Germany and Boston, BIOBASE established its own office in Bangalore, India last year.

"The extension of this partnership clearly demonstrates the versatility of BIOBASE and it's high quality content", said Michael Tysiak, CEO of BIOBASE. "As a customer focused organization, we are proud to offer custom curation solutions tailored to the specific needs of our industry-leading partners such as Procter and Gamble."

Drs. Andy Fulmer and Robert Binder, Principal Scientists at P&G Global Biotechnology, have said: "We have been very pleased with our working relationship with BIOBASE and the quality of the product they produce."

About BIOBASE GmbH

BIOBASE (www.biobase-international.com), based in Wolfenbuttel (Germany), with branch offices in Beverly, MA (USA) and Bangalore (India) is the leading provider of expertly-curated biological databases and sophisticated software tools. The BIOBASE Knowledge Library(TM) includes but is not limited to the TRANSFAC(R), TRANSPATH(R), YPD(TM )and HumanPSD(TM) databases. In combination, the systems biology analysis platform ExPlain(TM) offers the identification of molecular networks and key molecules critical to discovery research. BIOBASE also provides a growing portfolio of databases of third parties such as BRENDA(R) and HGMD(R). Our customers include the leading pharmaceutical and agricultural companies, including academic and research institutions around the world. For more information, please visit our website at www.biobase-international.com.

About P&G (NYSE: PG)


Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), and Braun(R). The P&G community consists of 138,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

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