Ocimum Biosolutions Wins IT Innovation in India 2005 Award

In recognition of its innovative ideas and products, Ocimum Biosolutions, a leading life sciences R&D enabling company has won the NASSCOM IT Innovation in India 2005 Award. This award aims at encouraging and fostering a culture of creativity and innovation in the Indian IT industry. Ocimum Biosolutions was shortlisted from among 150 companies across India.

Ms. Anuradha Acharya, founder and CEO of Ocimum Biosolutions, received this award from the President of India, His Excellency Dr. A P J Abdul Kalam at the NASSCOM 2006 – India Leadership Forum held in Mumbai on February 17, 2006.

The IT Innovation in India award is a premier honor for Indian IT companies which have infused innovation into their existing know-how and have come up with new ideas, products, processes or technologies to enable the business achieve higher margins, and thus, profits, to re-invest in the business.

On winning this award, Ms. Anuradha Acharya said, “Ocimum Biosolutions has been a pioneer in creating an environment for innovation in the field of genomics and bioinformatics. This recognition by NASSCOM means a lot to us and will help us create more enthusiasm to build innovative products out of India”.

About Ocimum Biosolutions:

Ocimum Biosolutions is a life sciences R & D enabling company. The BioIT division of Ocimum specializes in ready-to-use, cost-effective software solutions for the biotech and pharma industries with a suite of Laboratory Information Management System (LIMS) and bioinformatics products such as Biotracker™, Toxchek™, Pharmatracker™, Genchek™, OptGene™, Nutrabase™, Genowiz™ and iRNAchek™. Amongst these, Biotracker™ and Genowiz™ software applications have achieved GeneChip-compatible™ status with Affymetrix Inc. (Nasdaq: AFFX) GeneChip® microarray platform. Its microarrays division offers a complete range of oligo arrays and hybridization services. The Contract Research division provides genomic services like GMO testing, sequencing and genotyping.

Recently, Ocimum also achieved the honor of being ranked 55th amidst the 500 fastest growing technology companies of repute across the Asia-Pacific region by the world-renowned Deloitte Technology Fast 500 Asia-Pacific 2005 Program and 4th rank in the Deloitte Technology Fast 50 India 2005 Program. Ocimum is headquartered in Hyderabad, India, with operations in U.S and Germany, and sales offices and distributors throughout the world. For more information on Ocimum and its products and services, please visit www.ocimumbio.com .

About NASSCOM:

NASSCOM is the premier trade body and the chamber of commerce of the IT software and services industry in India. NASSCOM is a global trade body with over 950 members, of which over 150 are global companies from the US, UK, EU, Japan and China. NASSCOM’s member companies are in the business of software development, software services, software products and IT-enabled/BPO services.