December 07, 2010 08:26 ET

EXTEDO Hires Two New Managing Directors

MUNICH/ OTTOBRUNN, GERMANY--(Marketwire - December 7, 2010) - EXTEDO, a key eRegulatory Affairs solutions provider for life sciences firms, today announced an extension of the existing Management Board by adding Martin Schmid and Joseph Dude.

Martin Schmid joins EXTEDO as the President and now shares day-to-day operational responsibilities with Tore Bergsteiner, CEO of the EXTEDO group. This decision will assure the continuous growth of EXTEDO business worldwide.

To advance EXTEDO's strategy of extending its global growth, the shareholders of EXTEDO decided to hire a local Managing Director based in the United States to take over the responsibility for business activities for EXTEDO Inc. Joseph Dude will fill this position.

Martin Schmid will head up the global marketing and sales organization as well as the Product Management Unit, which are key areas for EXTEDO. EXTEDO's aim is to become the worldwide leader in eRegulatory Affairs for the life sciences and crop sciences industries.

Martin Schmid has more than 15 years of experience in the areas of management consulting, marketing and sales. He also has a successful track record of managing complex projects for international firms in the industrial sector. Mr. Schmid will work from the EXTEDO office in Ottobrunn, Germany. Prior to coming to EXTEDO, Martin Schmid was an independent consultant for several customers within the Consultancy and Technical Services branch. He also worked for Parametric Technology Corporation, a leading provider for product data management, technical documentation and publishing services in the Sales Organisation.

"EXTEDO has enjoyed consistent growth since the company was founded," stated Martin Schmid, Managing Director and President of EXTEDO. "Our clients include most of the major global pharmaceutical and crop science companies, which is a testament to the quality and capabilities of our solutions. I am looking forward to making sure that the business will continue to grow by extending the product suite and expanding the marketing and sales organizations."

Joseph Dude is coming on board as the Managing Director of North America and will be responsible for overseeing operations and sales for North America. He will be based in West Chester, PA (USA). He has over 20 years of experience in the IT services and software industries.

Prior to joining EXTEDO he worked both as a senior executive and as a consultant with several companies in the early or growth stages of their development. He played a key role in positioning these companies for future growth by improving internal processes.

Previously he worked at Prime Technology Group, Glemser Technologies, First Consulting Group and Thomson Financial.

Mr. Dude graduated with a BA in Accounting from Temple University and has an MBA in Finance from Drexel University.

"I am excited to be a part of such a dynamic company," said Joseph Dude, Managing Director of North America for EXTEDO. "EXTEDO has a great set of products and is poised for rapid growth in North America as well as globally."

"Martin and Joe will be key members of the executive management team, next to the well proven existing VP team," said Tore Bergsteiner, CEO for EXTEDO. "They have the right mix of skills and vision to help the company fulfill its mission to become the leading supplier of eRegulatory solutions for life sciences organizations."


EXTEDO is the key solutions and services provider in the field of eRegulatory Affairs. The complete EXTEDOsuite is unique in all that it covers: Product Registration Planning & Tracking, Submission Management, Pharmacovigilance Management, Labelling Management, and Document Management.

EXTEDO provides configurable off-the-shelf products, as well as customized and integrated solutions. EXTEDO also provides EURS is Yours, the validation, review and approval system for the EMA and more than 25 Regulatory Authorities worldwide.

Today EXTEDO serves more than 700 customers in 57 countries ranging from small companies with less than 25 employees to large multi-national organizations. EXTEDO operates in the following markets for human, veterinary and crop protection: Life sciences, including pharmaceutical, biotech and biopharma, generics, homeopathics and medical devices, healthcare, and public sector. EXTEDO is recognized as the worldwide leader in each of its areas of operation.

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