eGoliBio,South Africa select Simentra to provide business support in the international market for tenant companies

Simentra have recently been appointed as a select provider of business support and sales acceleration for the eGoliBIO technology incubator in Modderfontein, Guateng. The first campaigns will involve commercial assessment of technology applications in the international market.

San Jose, Bracknell, Belfast, Johannesburg, Sydney 20th April 2004

Simentra, a company providing a low-risk, cost effective and fast route to the international market for venture capital backed high-growth technology firms, today announced their appointment by the eGoliBIO technology incubator in the province of Guateng, South Africa to complete initial studies on select tenant companies in relation to commercial exploitation of the concepts.

Officially launched on 6 February 2003 by the Deputy Minister of Arts, Culture, Science and Technology, eGoli BIO Life Sciences Incubator is a joint initiative between CSIR Bio/Chemtek, the Innovation Hub and AfricaBio with funding being provided through DST, the DTI and the EU through the GODISA Program.

This biotechnology incubator serves as a development conduit for the commercialisation of life sciences research, products, services and technology platforms. It seeks to attract and nurture the highest quality tenants in this niche area providing business infrastructure, strategic guidance, financial and legal advice creating an environment of learning and sharing in which information, experience and ideas are freely exchanged.

In addition, the incubator actively sources funding lines for individual tenants and/or projects and assists in the procurement and management of such funds. eGoli BIO has as one of its goals the creation of a critical mass of biotechnologists and biotechnology organizations to stimulate the economic development of the industry in South Africa.

Noel Waddoup, Simentra South Africa commented that the projects were a growing testament to the international interest being applied to the novel technology disclosures surfacing in the unique incubator programmes like eGoliBIO.

"With the global research, development, sales and marketing offering that Simentra provide, emerging companies here in South Africa have an opportunity to identify early stage opportunities for commercial exploitation on an international scale. I am sure this is only the first of many successful projects to emerge from eGoliBIO."

Simentra announced its continued emphasis on the development of its international Techstart program for unique technology incubator locations with projects already completed in Australia, USA, Canada and Europe.

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/