Lab software co StarLIMS wins forensics project

The company beat two of its larger competitors.

Laboratory software maker StarLIMS Technologies Ltd. (Nasdaq:LIMS); TASE: LIMS) has won a contract worth $3.3 million with a government law enforcement agency in the Pacific Rim. The company will supply licenses for its software as well as implementation services and first-year maintenance. Two of StarLIMS' larger competitors also bid for the contract.

The StarLIMS' software, which is replacing several legacy and paper-based systems, will provide a unified information management solution to automate and manage the entire lifecycle of the agency's forensic samples, exhibits and seized properties.

StarLIMS COO Jeff Ferguson said, " We are very pleased by the signing of this significant contract, which is continued validation that our web-based solution is well-suited to meet the needs of regulatory-driven, environments, including forensics. "In recent years, there has been an ever-increasing demand for forensic information management software."

StarLIMS' share was unchanged at $3.71 on Nasdaq yesterday, giving a market cap of $31.6 million. The share was unchanged on the TASE by midday at NIS 14.34.

Published by Globes [online], Israel business news - www.globes-online.com - on December 9, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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