TAKE Solutions wins CTX Life Sciences deal

TAKE Solutions will provide its PharmaReady eCTD - DMF and SPL standard license to CTX. End Quote

(1888PressRelease) September 16, 2010 - India, Chennai - TAKE Solutions Ltd. (BSE: 532890), leaders in Life Sciences (LS) and Supply Chain Management (SCM) products today announced that the company has entered into a partnership with CTX Life Sciences, a leading pharmaceutical ingredient and intermediate manufacturing company to provide PharmaReady eCTD - DMF and SPL standard license. CTX Life Sciences is the new addition to the strong Life Sciences clientele list of TAKE Solutions including majors like Reliance Life Sciences, Liquent Inc, Cadila Pharmaceuticals and NATCO Pharma etc. This deal further reinforces TAKE's dominance in the Life Sciences products and services space and also enhances its reputation as a significant IT solutions partner in the sector.

"We are extremely pleased to get into this partnership with TAKE Solutions who have a strong knowledge and experience in both regulatory matters and IT. Our engagement with TAKE Solutions will enable us to do all regulatory submissions to ICH countries in the specified eCTD format. We have so far submitted Dossiers either in paper format to USFDA or through drop box to EDQM. And it will save the time for life cycle management of dossier. This will also expedite our submission to customers, without compromising on the quality," said Mr. Kanak J Jariwala, Director, CTX Life Sciences Pvt Ltd.

TAKE Solutions' PharmaReady solution suite is a web-based electronic Document Management and eSubmission Solution Suite specifically designed for both emerging and large Life Sciences organizations where ease of installation, ease of use, regulatory compliance and affordability are the primary business drivers. PharmaReady's secure and scalable architecture offers a perfect low-cost alternative to the conventional upfront purchase of an eCTD / SPL or DMS platform license. Thus, this collaboration with TAKE Solutions' will not only help CTX Life Sciences in improving compliance readiness but also business efficiency.

Mr. Ramesh L, Vice President - Sales, Life Sciences APAC, TAKE Solutions Ltd commenting on this partnership said, "CTX Life Sciences Pvt. Ltd. is a fast growing pharma company which is being backed by its strong history in 'chemistry'. This association will enable them to experience the rich benefits of our PharmaReady suite in terms of comprehensive compliance solutions and seamless visibility into the entire regulatory document management lifecycle. We believe that our partnership with CTX Life Sciences would be long-lasting and extremely valuable to both the companies."

About CTX Life Sciences :

CTX Life Sciences is an Active Pharmaceutical Ingredient (API) and Intermediate manufacturing company, having USFDA compliant facility, spread over 38 acres of land at Sachin, Surat in the state of Gujarat in India. It is an integral part of 40 years old, privately held Colourtex Group of companies, which has over 2000 employees. Leveraging the strong background CTX Life Sciences has become a global supplier of APIs and Intermediates to pharmaceutical industry, by utilizing its ability to handle complex chemical synthesis. They have built up strength in the development, process optimization, scale-up and cGMP production of APIs and Intermediates.

For more information, please visit www.ctxls.com

About TAKE Solutions:

TAKE Solutions is a leading software and services provider with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM). With intellectual property assets embedded within its technology solutions, and with a set of best practices executed by skilled domain and technology professionals, TAKE is constantly looking at opportunities to drive efficiencies for its clients' businesses.

Headquartered in Chennai, TAKE primarily drives its SCM Domain Excellence Centre and Global Delivery Centre from India. The Company has a strong presence in the USA with the Life Sciences Domain Excellence centre located in Princeton, New Jersey. The Company conducts business today with more than 400 customers worldwide.

TAKE has been recognized as India's 10th fastest growing technology company by Deloitte Technology Fast 50 India 2008 and has also been assessed at Level 5 of the Capability Maturity Model Integration (CMMI) & Level 3 of the People Capability Maturity Model, Software Engineering Institute, Carnegie Mellon University, USA. TAKE is also a Microsoft Gold Certified Partner, a Charter Member of the Microsoft BioIT Alliance, and along with its subsidiary (ACI), is a Registered CDISC Solution Provider, with recognized industry leadership in Microsoft-based Solutions, Regulated Life Sciences, and Supply Chain Management.

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