Genomatix Expands Operations in North America

New Subsidiary and Training Academy in Ann Arbor, MI

14-Jun-2007

Genomatix Software GmbH announced that is has expanded its operations in the North American market by forming a subsidiary company there: Genomatix Software, Inc. The new company, which will be headquartered in Ann Arbor, MI,shall provide sales, support, and marketing for the Genomatix product for all of North America. Ann Arbor is also the home of the first Genomatix Training Academy outside of Europe. The new company will be headed by Peter Grant, Genomatix Software Inc.'s CEO.

"Because of the difficulties of doing business from such a great distance, the North American market share has been under-represented in terms of our overall global business", said Klaus May, Chief Business Officer of Genomatix GmbH and Chairman of the Board of Genomatix Software, Inc. "We are very excited to have a subsidiary located in the heart of that market and will look forward to seeing our North American user base grow rapidly."

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