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Automsoft News

Donal Geaney to chair Automsoft

Dublin Ireland, January 27th 2003: Automsoft, the leading global provider of advanced database software designed specifically to manage production data for process industries in a secure environment, today announced the appointment of Donal J. Geaney as Chairman of the company.

Paraic O'Toole, Chief Executive Officer of Automsoft said, "We are
absolutely delighted that Donal accepted our invitation to chair our company. He is one of the few people in the world in the last 20 years to build a global pharmaceutical corporation and his depth of experience and knowledge is invaluable. As an entrepreneur and businessman, particularly in our key market sector of life sciences, he brings to Automsoft an insight and knowledge that will help guide our next stage of aggressive growth."

Donal Geaney is Senior Adviser to the Chairman and former Chairman and Chief Executive Officer of Elan Corporation. Mr. Geaney is also Chairman of the Irish Government's National Pensions Reserve Fund, Chairman of the Irish Aviation Authority, a member of the Court of Bank of Ireland and a member of the boards of BIO, the Biotech Industry Organisation which represents biotech companies around the world, the Trinity Foundation and the US-Ireland Council.

Mr. Geaney said, "I am looking forward to working with Paraic and the team at Automsoft. I believe that Automsoft's technology brings immediate and real business value to life sciences companies and I am excited about the opportunity to help guide an organisation with all the ingredients for global success"

Mr. Geaney takes up his position as Chairman with immediate effect.

About Automsoft
Automsoft is the leading global provider of advanced database software, designed specifically to manage production data for process industries in a highly secure environment. The company's core product suite, RAPID(tm), allows manufacturers to collect, store, analyze and report on production data, bridging islands of information throughout the plant. By providing one true and reliable picture of the manufacturing process, RAPID becomes a powerful business tool helping to improve production quality, reduce
costs and meet regulatory requirements. RAPID's industry-specific
software helps to optimize the production process for gas and oil, food and beverage, pharmaceutical, chemical and utilities industries. RAPID-Pharma, designed specifically for the pharmaceutical sector, is operating in eight of the world's top 20 pharmaceutical companies and complies with the FDA's 21 CFR Part 11 regulation on Electronic Records and Electronic Signatures.

Founded in 1997, Automsoft is located in Princeton, New Jersey and Dublin, Ireland, and has sales offices in the UK and Germany. Automsoft has customers in North America, Scandinavia, UK, Ireland, Switzerland, Germany, Netherlands and Belgium. Automsoft is a member of the OPC Foundation and ISPE, and works with a global network of partners. For further information, please visit www.automsoft.com

For further press information, please contact:
Gillian Hardy
18 Lansdowne Road
Dublin 4
Tel +353 (1) 449 1100
Fax +353 (1) 449 1199
[email protected]