GECCO Under New Ownership - June 20, 2008

More Resources for GECCO Development - Same Great Team GECCO

Extedo GmbH announced today that Extedo and ING Group (ING Corporation, Tokyo, Japan and ING America, West Chester, Pennsylvania) have entered into a strategic partnership agreement to share technology and resources. ING and Extedo have complementary products for the life sciences industry.

As a definitive first step, in this strategic business partnership, ING Group and Extedo have agreed to merge ING America into to Extedo North America. The popular GECCO eCTD Viewer/Validator software from ING Group will become part of Extedo's suite of ePharma products.

Mr. Harv Martens, CEO of ING America, will become Extedo's Vice President of Operations for North America and Japan and will continue in his role as chief architect of the GECCO product. ING Corporation will continue to provide support for GECCO and will become Extedo's strategic partner in the Japan marketplace.

ING Corporation in Tokyo, Japan has established a leadership position in Japan over the past 15 years providing professional services to major pharmaceutical companies. ING Corporation and ING America have been instrumental in supporting the JPMA delegation to the ICH M2 Expert Working Group for over 10 years, and have leveraged this expertise to provide cutting edge software technology and related services to help pharmaceutical companies in meeting the increasingly challenging requirements of ePharma.