Moda Technology and Taratec Announce Professional Services Agreement

FORT WASHINGTON, Pa. & BRIDGEWATER, N.J.–(BUSINESS WIRE)–Aug. 15, 2006–Moda Technology Partners (Moda), a software company that provides mobile data acquisition solutions to the pharmaceutical manufacturing industry and Taratec, a leading life science consultancy that provides integrated business, information technology, and regulatory compliance services today announced the signing of a professional services agreement. This agreement is intended to leverage Taratec’s vast computer system validation and LIMS integration experience in the implementation of Moda’s environmental monitoring solution, Moda-EM(TM).

Moda-EM is a comprehensive software solution that improves the efficiency of environmental monitoring operations while providing a regulatory compliant platform for the paperless collection, management and reporting of environmental monitoring information. Taratec’s experience implementing and validating laboratory informatics solutions will help clients get their Moda-EM system into production quickly; allowing them to realize the productivity gains and cost savings that result from a paperless EM program.

“I am very pleased to have the opportunity to work with Taratec,” said David Lipson, CEO of Moda. “This nationally recognized firm is a great partner and I am confident that our clients will be the ultimate beneficiaries of this business relationship.”

“We are very excited to be working with Moda,” Mark Kolb, CEO of Taratec, stated. “Moda’s Environmental Monitoring solution packaged with Taratec’s validation and implementation services is a winning solution for our mutual customers.”

About Moda Technology Partners

Moda Technology Partners is a commercial software company whose primary focus is addressing the growing need for effective automation and efficient regulatory compliance within pharmaceutical manufacturing. Moda’s software leverages mobile computing technology to help pharmaceutical clients increase operational efficiency, improve quality and reduce manufacturing costs. Additional information is available at www.modatp.com.

About Taratec

Taratec is a leading life science consultancy that provides integrated business, information technology, and regulatory compliance services to innovative pharmaceutical, biotechnology, and medical device organizations around the world. With an extensive suite of services and solutions, Taratec enables life science companies to bring products to market sooner and improve manufacturing efficiency while achieving compliance with FDA regulations. Taratec is headquartered in Bridgewater, NJ, with a regional operations center in San Juan, Puerto Rico. For more information, please visit www.taratec.com.