DECIMAL sells operating assets of Amadeus division to Xybion
Longueuil, December 1st, 2009 – DECIMAL announced that it has sold all operating assets of Quebec City based Amadeus Solutions, a leader in the development of enterprise governance, risk, compliance and quality management software solutions, to Xybion Corp.
Amadeus has been partnering with organizations in life sciences, manufacturing, finance and government sectors to manage risk, quality and compliance. The Amadeus’s eQCM® web-based software platform enables organizations to comply with requirements stemming from FDA, ISO and other regulatory standards (like GxP, FDA 21 CFR Part 11, ISO 9001, ISO14001), financial reporting and governance regulations (Sarbanes-Oxley and Canada Bill 198), and other industry standards and risk-based regulations.
“Initially, we were searching for a partner to help to expand our penetration of the US and European life sciences market with the Amadeus solutions,” remarked Stéphane Gaouette, president of DECIMAL, “During our time of reviewing each other’s capabilities and core competencies, it became evident that Xybion should take a leading role in moving the Amadeus products and services forward.” While Amadeus will be a wholly owned division of Xybion Corporation, DECIMAL will retain a position on the board of directors of Amadeus business to continue to provide guidance and insight for product and market growth. DECIMAL will also be a partner with Xybion, retaining exclusive rights in Quebec for distribution of Amadeus’ Internal Controls Management (ICM) product.
All of the employees of Amadeus have been retained by Services Informatiques Xybion, a Quebec corporation owned by Xybion. The Quebec City office will function as Xybion’s Center of Excellence for the GRC business.
DECIMAL, a leader in corporate performance management, provides to public and private organizations consulting services and complete software solutions designed to improve their budgeting and costing processes and financial dashboards. (www.decimal.ca)
Xybion is the enterprise system partner of choice for life sciences product companies and research organizations worldwide for end-to end needs in the pre-clinical R&D, Quality, Regulatory risk and compliance management solutions. In addition to Pristima™, and Pristima™ VM, Providence®, eQRP®, eQCM®, Xybion provides professional services, consulting, training and validation activities to clients around the world. (www.xybion.com).
Amadeus, a division of Xybion, is a leading provider of Enterprise Quality and Compliance Management software solutions. For over 14 years, customers in the Life Sciences, Manufacturing, Financial Services and other industries have automated their compliance and quality processes using Amadeus software platforms. Its flagship product, eQCM®, offers an integrated and very cost effective solution for enterprise governance, risk management, quality and compliance management. Amadeus’s solutions have been implemented in more than 100 companies in North America and Europe. (www.amadeussolutions.com)
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