QUMAS Ranked in Ireland's Top 10 Software Exporters by Irish Computer Magazine.

Business Editors & Health/Medical Writers

BIOWIRE 2K

FLORHAM PARK, N.J. & CORK, Ireland--(BUSINESS WIRE)--July 22, 2002

QUMAS (www.qumas.com), the leading provider of Enterprise Compliance Management solutions for the Life Sciences industry, has been named one

In its June 24 cover story, Ireland's longest-running computer-related publication noted that, "indigenous Irish software companies have been some of the most spectacularly successful throughout the world." It went on to quote London-based stock exchange analyst, Peter Whiting, who spoke at a recent Irish Software Association conference. He said, "Current trading conditions are clearly challenging, but we remain optimistic that a recovery will become apparent by the end of the year."

Paul Hands, QUMAS chairman and co-founder, stated, "2001 was a stellar year for QUMAS, and we are very pleased to be recognized by Irish Computer Magazine as one of the nation's top software exporters." He continued, "Despite the recent challenges faced by the software industry, our close focus on providing critical regulatory compliance solutions to the Life Sciences industry has kept our momentum strong. As such, last year was our most successful ever, and the past two quarters have continued that trend."

Earlier this year, QUMAS was named to the European Technology Fast 500 by Deloitte Touche Tohmatsu, and for the second consecutive year was included in Deloitte Touche Tohmatsu's Irish Technology Fast 50, a ranking of the fastest-growing technology firms in Ireland.

QUMAS recently previewed several important new compliance products for the Life Sciences industry that it plans to introduce later in the year.

About QUMAS

QUMAS develops, markets, and supports a suite of integrated document and compliance management products designed to help FDA-regulated companies ensure regulatory compliance. Using advanced technology and regulatory domain expertise, the QUMAS solution delivers FDA and ISO-related best practices for the automation of controlled documentation and submissions. QUMAS products are designed for rapid deployment and include validation, training, and technical support. QUMAS is based in Cork, Ireland with US headquarters in Florham Park, NJ and additional offices throughout the United States. For more information, contact QUMAS at (973) 377-8750 (North America) or +353 21 432 0050 (Europe), or visit our website at www.qumas.com.