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KnowledgeBench, the provider of software solutions for new product development, announced today that it has acquired the rights of LogicaCMG's Formulogic product.

Formulogic is a mature software product, which assists in the capture of knowledge from scientists working in new product development, particularly formulation. It provides tools to model this knowledge and build systems to provide decision support for scientists involved in this critical process.

KnowledgeBench will work to migrate existing users of Formulogic to the KnowledgeBench platform. KnowledgeBench offers a portal interface, greatly enhanced functionality, integration and performance, a more stable and easily supported platform and a variety of commercial models.

Jason Smith, Chief Executive of KnowledgeBench, commented: "The adoption of such a highly regarded product as Formulogic is good news for our existing customers and for the industry as a whole. The strength of our offering will grow and we are working closely with the Formulogic user community to understand their own requirements for taking their systems forwards. Formulogic has been a market leader for over 20 years and we hope that this state will continue with KnowledgeBench"


About LogicaCMG
LogicaCMG is a major international force in IT services and wireless telecoms. It provides management and IT consultancy, systems integration and outsourcing services to clients across diverse markets including telecoms, financial services, energy and utilities, industry, distribution and transport and the public sector. The company employs around 21,000 staff in offices across 35 countries and has more than 40 years of experience in IT services. Headquartered in Europe, LogicaCMG is listed on both the London and Amsterdam stock exchanges (LSE: LOG; Euronext: LOG).

About KnowledgeBench
KnowledgeBench is an intelligent information workbench, designed to support scientists, engineers and managers involved in new product development. It combines advanced decision support, knowledge management and goal-centric workflow to provide targeted information and guidance on all aspects of the new product development lifecycle.

Information is delivered via a portal interface and can be easily integrated with other applications. Based on an open, scaleable platform, KnowledgeBench is available on all major operating systems and databases and with a flexible commercial model, it can be cost-effectively deployed across the whole range of organisations from entire global enterprises to small start up operations. For further information, please visit knowledgebench.com

Monique Chambers
Compass Rose
0870 2407995
monique_chambers@compassrose.co.uk

Nicky Rich
LogicaCMG
Tel: +44 (0)207 446 5384
nicky.rich@logicacmg.com




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