Simentra agree partnership with Strategic Health Innovations

Simentra partner network extends to offer European Biotechnology and Life Sciences companies opportunity to enter Canadian and American markets.

Palo Alto, CA, London, UK, 29th October 2002

Simentra Ltd, a company providing a low-risk, cost effective and fast route to the European market for USA based early stage and venture capital backed high-growth technology firms, today announced a new partnership with Strategic Health Innovations (SHI) of Toronto, Canada.

The partnership is an extension of the Simentra Technology Sales Accelerator program to incorporate additional sectors to their predominantly ICT based portfolio of client companies. The SHI partnership supports the development of new clients in the Biotechnology sector to offer European based innovative life sciences companies opportunities to expand their research, funding, sales and partner search to the Canadian and American markets.

"This is an opportunity to provide business acceleration in a sector where our new partner SHI have demonstrated their value and expertise to an international Biotechnology client base in the government, academic and commercial worlds. There is an obvious complementary aspect to our respective services," mentioned Glenn Hardy, a founder with Simentra.

Strategic Health Innovations is Canada's largest biotechnology consultancy and specializes in the areas of strategy consulting, company creation and capital sourcing for the innovative life sciences sector. SHI clients include government, start-ups, e-health, biotechnology and pharmaceutical companies, as well as not-for-profit organizations and academic institutions. SHI has developed a core competency in, among other disciplines, sourcing non-dilutive financing for companies and academic institutions, having completed over 30 successful applications to organizations such as the Canadian Institutes for Health Research (CIHR), Ontario R&D Challenge Fund (ORDCF), Canada Foundation for Innovation (CFI) and Genome Canada (Competitions I and II).

Borys Chaburskys, CEO of SHI said:

"Through the Simentra Technology Sales Accelerator Program, we hope to be able to identify clients where SHI can add real value for growth to North America and opportunities for Simentra to support the SHI network of ICT related companies gain sales traction in the European market. I look forward to working with such an innovative and entrepreneurial company."

About Simentra Ltd

Simentra Ltd is an International Risk Assessment company dedicated to providing intelligent and cost effective solutions to government, private corporations and the emergency services sector. The company Charter Series offers a range of assessment, fusion and training products and services to mitigate the risks associated with modern society and business practice and prepare for associated response protocols. Simentra is a subsidiary of AssetCo PLc in the UK www.assetco.com . Simentra has offices in Belfast (Northern Ireland), London (UK), and Houston (USA).

For more information, please visit http://www.simentra.com/