SOURCE: Symyx Technologies, Inc.

March 03, 2008 08:30 ET

Symyx Joins Microsoft BioIT Alliance

SANTA CLARA, CA--(Marketwire - March 3, 2008) - Symyx Technologies, Inc. (NASDAQ: SMMX) announced today that it has joined the Microsoft BioIT Alliance, a cross-industry group working to enhance collaboration among life sciences organizations to accelerate the pace of drug discovery and development.

"Comprehensive data integration -- making complex life sciences data easier to manage and easier to share -- requires new levels of cooperation between software companies," said Timothy Campbell, President of Symyx Software. "Symyx is delighted to be part of Microsoft's BioIT Alliance initiative. As a technology leader in integrated laboratory workflow systems, R&D software and research services in the life sciences and related industries, we look forward to working closely with Microsoft's partner community to explore new and better ways of capturing, managing and sharing R&D data. Through improved collaboration, multidisciplinary R&D organizations can solve critical life sciences problems more quickly and bring new products to market with less risk."

Rudy Potenzone, Worldwide Industry Technology Strategist for Pharmaceuticals and BioIT Alliance Coordinator, said: "We are very pleased to welcome Symyx to the BioIT Alliance. Their broad experience and contribution to this community will help the Alliance and its members as we look to expand our activities in the coming months."

The BioIT Alliance is designed to enable collaboration among organizations in the life sciences field in order to shorten the time between discovery of new biological data and the application of that knowledge to human health. Symyx will work with other alliance members to consider innovative ways to address the challenges of data integration, collaboration, and knowledge management and use Microsoft technology to reduce costs, streamline research and market products more effectively.

About Symyx

Symyx Technologies, Inc. is the scientific R&D integration partner to companies in the life sciences, chemicals, energy, electronics and consumer products industries. With scientific R&D under tremendous economic and technical pressure, we help companies reduce R&D risk and enhance R&D productivity to help them bring more and better products to market quickly and cost-effectively. Our integrated technology platform combines Symyx Software (electronic laboratory notebooks, content, laboratory logistics and analysis), Symyx Tools (software-driven integrated workflows) and Symyx Research (collaborative research and directed services) to support the entire R&D process. In October 2007, Symyx acquired MDL Information Systems, Inc., a leading provider of innovative informatics software, databases and services that accelerate successful scientific R&D by improving the speed and quality of scientists' decision making. Information about Symyx, including reports and other information filed by Symyx with the Securities and Exchange Commission, is available at www.symyx.com.

About BioIT Alliance

Formed in 2006, the BioIT Alliance is a cross-industry group working to integrate science and technology in order to accelerate the pace of drug discovery and realize the potential of personalized medicine. Founding members include Accelrys Software Inc., Affymetrix, Inc., Agilent Technologies Inc., Amylin Pharmaceuticals, Inc., Applied Biosystems, The BioTeam Inc., Digipede Technologies LLC, Discovery Biosciences Corporation, Geospiza Inc., Hewlett-Packard Development Company, L.P., Illumina Inc., InterKnowlogy, Microsoft Corporation, Sun Microsystems Inc., The Scripps Research Institute, VizX Labs LLC and other key companies in the pharmaceutical, biotech, hardware and software industries. Additional information about the BioIT Alliance can be found on the BioIT Alliance Web site at http://www.bioitalliance.org

About Microsoft

Founded in 1975, Microsoft (NASDAQ: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. For more information, please visit www.microsoft.com

Symyx is a registered trademark of Symyx Technologies, Inc. Microsoft is a registered trademark of the Microsoft Corporation in the United States and other countries. All rights reserved. All other trademarks mentioned in this document are the property of their respective owners.

Contact Information

  • For more information:
    Teresa J. Thuruthiyil
    Vice President, Investor and Public Relations
    Symyx Technologies, Inc.
    (408) 773-4075
    Email Contact