Investing in Regulatory Industries The Qumas Story David Grimes Co-Founder and COO

1. Investing in Regulatory IndustriesThe Qumas StoryDavid Grimes Co-Founder and COO Local Solutions to Global Problemsfourth annual it@cork conference

2. What does Qumas do? Qumas delivers Enterprise compliance software products for the life sciences sector Local Solutions to Global Problemsfourth annual it@cork conference

3. OUR VISION Deliver Value to our Shareholders, Employees and Clients in providing Solutions Designed to Seamlessly Integrate Regulatory Best Practices Across the Enterprise Local Solutions to Global Problemsfourth annual it@cork conference

4. OUR CULTURE Each Employee to beat best practices of Competition • Innovation, Quality, Teamwork, Risk taking • Training, information, communication • Innovation! not Imitation • Challenge traditional values , practices & concepts to add value Local Solutions to Global Problemsfourth annual it@cork conference

5. OUR MOTTO Add Value or Die! • If your not adding value stop now (seek/challenge objectives!) • If your throwing away value your on life support Local Solutions to Global Problemsfourth annual it@cork conference

6. The Commercial Climate Uncharted waters – seismic shifts in market dynamics Stock Market Life Sciences Under Pressure Globalization Deregulation Recession Competitor Chaos Opportunities! Opportunities! Opportunities! Local Solutions to Global Problemsfourth annual it@cork conference

7. Why Qumas Choose Life Sciences? • Ability to pay • Deep compliance need • FDA fines • Need for speed to market with new products • Large sector • Pharma,Med device, Biotech, CRO and related contractors Local Solutions to Global Problemsfourth annual it@cork conference

8. Business Drivers • Consistent Approach to Regulatory Compliance Across the Full Enterprise • Make Compliance Easier Through Integration of Compliance Best Practices in Normal Business Operations • Deliver New Products to Market Faster • Reduce New Product Development Cycle Times • Decrease Regulatory Compliance Risk • Improve Delivery of Regulated Content Across the Enterprise • Decrease Cost of Compliance Local Solutions to Global Problemsfourth annual it@cork conference

9. The QUMAS Difference Local Solutions to Global Problemsfourth annual it@cork conference

10. Qumas History • 1995 - founded • 1997 - first round funding • 1999 - second round funding • 2000 - key breakthrough clients – Merck, J&J; turnover doubles • 2001 - third funding round and turnover doubles • 2002 - focus on new products and strong profitability Local Solutions to Global Problemsfourth annual it@cork conference

11. Financial Backers! • Delta Partners • Enterprise Ireland • ACT Ventures • AIB Ventures • Accenture Ventures • BOI Ventures • CIBC Canada • Private US Investors • Stake Holders Execs Local Solutions to Global Problemsfourth annual it@cork conference

12. Worldwide Executive TEAM • Brian Sweeney, Chairman • Paul Hands, Co-Founder & Chief Executive Officer • David Grimes, Co-Founder & Chief Operating Officer • Michael Hennessy, Chief Financial Officer • Kevin O’Leary, President Qumas Inc, Global Alliances • David Cronin, Director – Global Sales • Valarie King-Bailey, Chief Marketing Officer • Sean Griffin, VP Research • Nigel Porter, VP Development • Kevin Fitzgerald VP EU Sales • Jeff Sager, VP US Sales Local Solutions to Global Problemsfourth annual it@cork conference

13. Awards & Honors • Ranked in Global Software 500 • Deloitte & Touche Fast 50 • Deloitte & Touche Fast 500 EU • Top 10 indigenous Software Exporter 2001 • Runner-up Company of the Year 2001,2 • Runner-up Marketing innovation 2001,2 Local Solutions to Global Problemsfourth annual it@cork conference

14. 2002 Frost & Sullivan Market Engineering Award • Frost & Sullivan recognizes outstanding industry achievements by presenting Market Engineering Awards to top companies in a variety of regional and global markets • QUMAS Received Life Sciences Vertical Market Penetration Award • 26% Global Market Share Local Solutions to Global Problemsfourth annual it@cork conference

15. Qumas Locations • Cork, Ireland • R&D Centre • Services & Support Centre • Finance, Admin,IT, HR • EU Sales and Marketing • Florham Park, New Jersey • US Sales Office • US Services & Support • Chicago • Global Marketing Local Solutions to Global Problemsfourth annual it@cork conference

16. Strong Client Base • Merck • J&J • Roche • Astra Zeneca • Baxter • Hollister • …over 100 clients in total Local Solutions to Global Problemsfourth annual it@cork conference

17. QUMAS Technology Partners US DATA MANAGEMENT Local Solutions to Global Problemsfourth annual it@cork conference

18. MARKET VALUE DYNAMICS Capture value through strategic corporate planning Learn from and co-operate with the Market Market assessment sets VALUE Strategy aligned to the fluid nature of The Environment Alliances Manage like a “Adventure” Capitalist. Understanding the Value creation milestones Setting and continually monitoring internal and external milestones against market expectations Local Solutions to Global Problemsfourth annual it@cork conference

19. MARKET VALUE DYNAMICS Greatest leaps in value achieved through Removal of major uncertainties over commercial success! Client acceptance Market size validation Competitive performance Quality of management team Proven performance Local Solutions to Global Problemsfourth annual it@cork conference

20. ANY QUESTIONS Local Solutions to Global Problemsfourth annual it@cork conference