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Instem Nets Prestigious Award

August 2002

Instem is celebrating after being ranked 6th in the Midlands Region of the Deloitte & Touche Technology Fast 50 Awards.

Instem, formed in 1969 increased its turnover by an impressive 288% at the end of the last financial year. The company provides software solutions and consultancy to the worlds leading pharmaceutical, chemical and Contract Research Organisations and employs over 130 staff at its UK and USA offices. Speaking from Instem's Headquarters in Stone, Staffordshire, Chief Executive, Phil Reason comments "We are delighted to receive this award. Our recognition as one of the region's fastest growing technology companies is testament to our commitment to developing the business and providing a first class service to our clients. It is also a great reflection of the commitment of our staff."

The Fast 50 Programme, now in its fourth year, tracks the growth rates of technology companies operating in the telecommunications, hardware, software and biotechnology markets across seven regions of the UK and Ireland. It is co-sponsored by UK Law Firm and Technology specialist Pinsent Curtis Biddle and techMARK, the London Stock Exchange market for technology companies.

Chris Robertson, partner in charge of the Technology, Media and Telecommunications sector at Deloitte & Touche comments "Our Fast 50 Programme has been a huge success since its inception and has quickly become a recognised benchmark for performance in the technology sector."

About Instem

Instem is a world-leading information solutions provider for the Life Sciences - accelerating drug and chemical development by increasing client productivity and enhancing the processes that lead to safer, more effective products.

Established in 1969, Instem has offices in the United States and Europe with its solutions supported in thirteen countries. Instem serves large multi-national corporations and smaller organizations in overcoming the challenges of managing information and provides solutions that help them further their missions while creating a competitive advantage. For more information on Instem and its solutions, please visit www.instem.com or contact them by email at info@instem.com.

Press Contact:

Gary E. Mitchell, VP Global Marketing, Instem US HQ
Tel: (610) 941-0990
Email: gary.mitchell@instem.com

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