Ideagen Secures New Contract with American Association of Tissue Banks

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Leading international provider of quality management software, Ideagen PLC, has today announced a long term deal for the licensing and hosting of its flagship Q-Pulse product with the American Association of Tissue Banks (AATB).

The AATB is responsible for auditing and accrediting tissue banks across the US. The introduction of Q-Pulse is seen as a strategic move which is expected to encourage wider adoption of the software across the industry.

The AATB was introduced to Ideagen’s Q-Pulse package by one of the firm’s international partners, ECL2, which specialises in providing complete solutions for Quality Management, Safety Management and Enterprise Risk Management for the US Healthcare and Life Sciences market. ECL2 has vast experience in this field and has worked with three quarters of the Organ Procurement Organisations (OPOs) and multiple Tissue Banks in the US to standardise clinical quality processes in what is a highly regulated and sensitive area. The vision is to help to foster the same level of quality standardisation across American tissue banks.

Kevin McSharry, Head of Sales – QHSE (MS) Healthcare, said: “We are delighted to be able to welcome the American Association of Tissue Banks as our newest Q-Pulse customer. Partnering with ECL2 allows us to harness their experience and understanding of US regulations and standards and their relationships with the key potential customers in the US Life Science and Healthcare market. This contract is an example of how well this type of partnership agreement can work.”

Heather Astbury

heather.astbury@ideagen.com

+447340158049

Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).

The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance, life science, healthcare and manufacturing with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.

With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit, Pentana Risk and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.

Currently, more than 5,000 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.

Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.

Ideagen directly employs more than 530 members of staff and touches every continent globally.

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