SOURCE: iMANY

http://www.imany.com/life-sciences.html

March 28, 2011 19:30 ET

iMANY Expands West Coast Presence to Meet Growing Customer Demand

New Facility Reflects Commitment to Research & Development and Customer Satisfaction

PHILADELPHIA, PA--(Marketwire - March 28, 2011) - iMANY, the leading provider of contract performance solutions, announced today the opening of its new research and development facility in the San Francisco Bay Area. The company's expansion reflects continued growth and investment in technologies to meet growing customer demand in the life sciences industry. With the additional increase in space, iMANY has also strengthened its talent base on the West Coast to support the company's growing Contract Lifecycle Management (CLM) solutions for targeted vertical markets.

iMANY's new West Coast facility is located at 7979 Gateway Boulevard in Newark, California in the Pacific Research Center.

"This new facility is part of our global growth strategy and reflects our commitment to developing and deploying world-class solutions and services for contract and revenue management, as well as pricing dynamics," said P. Kevin Kilroy, President and CEO of iMANY. "It also embodies the deep level of integration that we have achieved in bringing multiple disciplines together in one space."

Lawrence Lindsey, iMANY's Chief Development Officer, noted, "This state-of-the-art facility provides an exceptional, collaborative environment for developing and commercializing innovations. We listen carefully to our customers and create new solutions that are responsive to their needs and provide maximum business value."

The new facility will also house an additional iMANY Center of Excellence to explore and create best practices for enterprise contract and revenue management as well as pricing dynamics to drive business results.

The dedicated group in Newark complements the additional iMANY teams throughout North America, Europe and Asia that serve hundreds of clients worldwide.

About iMANY
iMANY is the leader in contract performance -- helping organizations improve the way they manage complex commercial and government contracting and compliance strategies by aligning actionable information with revenue-based transactions. The iMANY ContractSphere platform, the industry's only integrated solution for contract performance, optimizes the entire contract lifecycle, limits gross-to-net margin erosion and ensures compliance in today's heightened regulatory environment. Hundreds of organizations across 21 industries worldwide, including the top 10 life sciences companies, depend on iMANY to reveal insights that drive more profitable business relationships. For more information, please visit www.imany.com.

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