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Contact: Jennifer Wu
Vice President, Marketing and Business Development
(978) 934-8821, Ext. 128
E-mail: jwu@anvilinformatics.com
February 22, 2000
AnVil Informatics, Inc. and Moldyn, Inc. form marketing collaboration to jointly
provide their software and services to Pharmaceutical and Biotechnology Companies
Lowell, MA
-- AnVil Informatics, Inc. and Moldyn, Inc., have signed an agreement to jointly
market AnVil's data mining and visualization capabilities and Moldyn's expertise
in algorithmic tools and systems integration. By combining AnVil's extensive
data mining and visualization ingenuity with Moldyn's innovative algorithm
solutions to complex computational problems, the team will be able to provide
customers with more comprehensive and integrated solutions.
Under the terms of agreement, AnVil and Moldyn will collaborate on certain
consulting and product development projects that can benefit from the
integration of each other's unique expertise. AnVil and Moldyn will also
conduct joint sales presentations and seminars when appropriate, link products
and services information on each other's website, and have joint presence at
trade shows.
"The technical focus and knowledge of these two companies are highly
complementary to provide innovative bioinformatics services to functional
genomics and high-throughput drug discovery research," said Dr. Frank
Billingsley, President and CEO of Moldyn.
"With the combined technical marketing resources and corporate synergy, we are
better equipped to handle larger and more complex service contracts and tackle
greater challenges in the emerging bioinformatics field," said Howard Berke,
AnVil's President and CEO.
Moldyn, Inc is a subsidiary of Photon Research Associates, Inc. (PRA).
For 24 years PRA has been a leading edge technology company with focuses
on providing physics-based modeling, simulation and analysis software
products, tools and services to its government and commercial customers.
Moldyn has focused on transitioning its advanced aerospace expertise to
the arena of drug discovery and development in order to develop new and
powerful molecular modeling and analysis software tools. In addition to
developing commercial and custom software tailored to specific scientific
applications, Moldyn provides professional services to solve difficult
and/or unique algorithm problems. To learn more about Moldyn's products
and services, visit the web site at http://www.moldyn.com.
Founded in 1999, AnVil Informatics, Inc provides data mining and visualization
services to leading pharmaceutical and biotechnology companies. AnVil's
combination of unique, internally developed software and commercial tools
allows for the exploration of complex, large and high dimensional data
sets. In addition, AnVil's technical experts harness different properties
of human perception such as color, texture and shape in the process of
visualizing various attributes of the complex data and their full distributions.
The resulting visualizations make conclusions more evident earlier in
the decision making process and can greatly enhance every step of the
client's decision making process--helping them to make informed decisions
faster and more accurately. To learn more about AnVil's capabilities and
offerings, visit the web site at http://www.anvilinformatics.com.
This press release contains, in addition to historical information, "forward
looking" statements that involve risks and uncertainties. Actual results may
differ materially from those currently anticipated by AnVil and Moldyn.
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