Brainloop Invited to Join Massachusetts Biotechnology Council as the First Member Providing an Outlicensing and Collaboration Platform

Brainloop, the leading supplier of software solutions for high-security management of confidential documents, today announced it has joined the Massachusetts Biotechnology Council (MassBio).

Boston, MA, January 29, 2010 — Brainloop, the leading supplier of software solutions for high-security management of confidential documents, today announced it has joined the Massachusetts Biotechnology Council (MassBio). Brainloop appealed to MassBio as a member based on the strengths of Brainloop’s highly secure online work space for outlicensing and collaboration that provides secure document management and 24/7 global access. Brainloop is the first partner accepted into MassBio that offers an application for collaboration and licensing transactions.

“As a company with specific expertise in the life sciences sector, Brainloop is a valuable member of our council,” said Robert Coughlin, MassBio President & CEO. “Their Secure Dataroom platform is poised to play a leading role in the biotechnology industry as it becomes more global in its collaborations and partnerships.”

As a web-based application, the Brainloop Secure Dataroom allows businesses to share confidential documents across widespread networks of employees and partners – whether they are inside or outside the company. Bank-grade encryption, secure document presentation and a tamper-proof audit trail of all document accesses and related communications provide unrivaled document security within an easy-to-use and easy to implement solution.

“Members of MassBio will find our solution ideal for executing their licensing transactions or collaboration projects more efficiently,” said Brainloop President Uli Mittermaier. “The application allows them to disseminate information to discovery teams, CROs and development partners across the globe. Sophisticated security controls help them to protect their intellectual property and reduce risk.”

Brainloop was introduced to MassBio by one of its first Massachusetts life sciences customers and long term Brainloop user, Dyax Corp. Says Mark de Souza, Ph.D., Vice President of Business Development at Dyax Corp., “We use Brainloop to set up and manage our secure data rooms. It’s very easy for us to define different levels of access privileges, control whether specific individuals are allowed to print or forward documents, and create personalized watermarks each time a user downloads a document. Brainloop service is exceptional – in the years that we have worked with them, they’ve always responded to our questions and service requests promptly, professionally, and thoroughly.”

About Brainloop:
Brainloop, with offices in Boston and Munich, is the leading supplier of software solutions for high-security management of confidential documents. Brainloop Secure Dataroom is a virtual document safe that enables safe filing, editing and distribution of highly confidential documents within a single company, and beyond. All contents are powerfully protected from unauthorized internal or external attacks, and all actions within the data room are documented by a tamper-proof audit trail. Frequent uses include contract negotiations, collecting data and writing up quarterly reports, and any other communication that contains confidential information.

Brainloop Secure Dataroom is used internationally by hundreds of renowned companies including BMW, Deutsche Telekom, Eurocopter, Galileo Industries, Sky (formerly Premiere) and ThyssenKrupp. Leading law firms and investment banks use this solution for the complete life cycle of M&A transactions. Strategic partners of Brainloop are HP, F-I-TS, Microsoft and T-Systems Business Services. www.brainloop.com

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