Multinational Energy Company Extends Partnership with LABVANTAGE to Realize Its Laboratory Informatics Standardization Initiative

Bridgewater, NJ. March 16, 2011. LABVANTAGE Solutions, Inc. today announced that a multinational energy company (the Company) has extended its service agreement with LABVANTAGE. This recently renewed agreement is valued at over 1.5 million dollars.

With a global leading market position, the Company operates in the oil and gas, petrochemicals, oilfield services construction and engineering industries. This project includes upgrading 19 sites across different countries to operate on a single deployment of the latest LABVANTAGE laboratory information management solution (LIMS).

“We are extremely honored to once again be selected as the partner of choice by the Company, establishing a unified, multi-site and multi-language informatics backbone for its global laboratory enterprise,” states Jeff Ferguson, Chief Executive Officer at LABVANTAGE. “This is another real case study on how LABVANTAGE combines state-of-the art technology with a local, dedicated and experienced professional services team to help industry-dominant enterprises sustain a competitive edge.”

The upgrade project is expected to be completed in 2012, and LABVANTAGE will continue to provide local support for both its petroleum quality management and research & development operations across Europe. Upon completion of the upgrade, the Company will achieve the goal of informatics standardization to support its global-scale operations, while allowing local configuration under controlled conditions. As the Company continues to strengthen its leadership in the market and expand at a fast pace, it will also maintain flexible seasonal adjustments and customer variation to minimize production and business interruption.

About LABVANTAGE

LABVANTAGE Solutions, Inc. is headquartered in Bridgewater, NJ, with offices around the world. We offer a comprehensive portfolio of products and services for the laboratory, including laboratory information management (LIMS), quality electronic laboratory notebook (ELN), and business intelligence. Our industry-leading solutions and world-class services are the result of 20+ years of experience in laboratory informatics. We leverage that know-how with state of the art technology to help organizations redefine and optimize the way their laboratories conduct business. LABVANTAGE delivers the best technical and domain expertise available to help you drive the success of your business. www.labvantage.com.

LABVANTAGE and its respective logos are trademarks or registered trademarks of LABVANTAGE Solutions, Inc. (or its affiliates) in the U.S, the European community, and other countries around the world. All other product and service names mentioned are the trademarks of their respective owners.