Press Release: February 4th, 2008

Molegro Joins Microsoft in BioIT Alliance

Aarhus, Denmark, February 4th, 2008 - Molegro today announced that they have joined the BioIT Alliance formed by Microsoft. The BioIT Alliance is a world-wide cross-industry group which unites the pharmaceutical, biotech, hardware, and software industries with the aim to explore new ways to share complex biomedical data and collaborate among multi-disciplinary teams to speed the pace of discovery in the life sciences.

Molegro CEO René Thomsen is excited about the collaboration: "We look forward to working with Microsoft and others in the BioIT Alliance and to explore new ways to integrate our software with advanced technologies, such as the high-performance computing (HPC) platform provided by Microsoft. Integrating these solutions with our software products for virtual screening and molecular docking will speed up the drug-discovery process significantly".

BioIT Alliance Manager Rudy Potenzone adds: "We are delighted to welcome Molegro as a new member of the BioIT Alliance. Their expertise in drug-discovery and data mining and their experience with software development for the pharmaceutical industry further strengthens the core competences of our Alliance."

About the 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 bioitalliance.org.

About Molegro

Molegro is a Danish company founded in 2005. Molegro concentrates on developing high-performance drug discovery solutions leading to a faster drug-development process. Our goal is to provide scientifically superior products focusing on both state-of-the-art algorithms and an intuitive graphical user interface experience.

Contact

For further information, please contact:

René Thomsen, CEO
Molegro
Hoegh-Guldbergs Gade 10, Bldg. 1090
DK-8000 Aarhus
Denmark
E-mail: rt@molegro.com
Phone: (+45) 89 42 31 65

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