Cresset Announces Appointment of Hulinks Inc. as Japanese Distributor


Welwyn Garden City (16 December 2010) - Cresset is delighted to announce the appointment of Hulinks Inc. as distributor of its Field based chemistry software products in Japan.

"The appointment of Hulinks provides us with a dedicated channel to deliver our tools to the Japanese marketplace and will enable us to respond to the specific needs of our users in Japanese biopharmaceutical companies" said Rob Scoffin, Chief Executive Officer of Cresset. "Hulinks has a long track record of close collaboration with its customers and has consistently achieved successful commercial growth in the scientific software market place. We are excited to be working with Hulinks to increase our presence in this important market."

"Cresset is an established company with an excellent scientific reputation, and brings a world-leading portfolio of computational chemistry products," said Mr. Yoshimaro Fujisawa, President of Hulinks. "We are looking forward to helping bring those to the Japanese market and helping drive growth and enhanced commercial success in the future."

For further information, please visit www.cresset-group.com

About Cresset Group Ltd

Cresset develops software for calculating and comparing the molecular Field characteristics of chemical compounds. Field technology uses the surface properties of molecules to evaluate their activities and properties, rather than relying on 2D structure similarity, which enables Cresset's users to find more interesting, novel and relevant results than other methods. Cresset's Fields provide a smarter, structure independent way of hit-finding, lead switching and lead optimization in drug discovery and other chemistry-based research projects. Cresset's Field technologies have been successfully applied to a very wide range of target classes, with and without structural information, on over 80 projects for major pharmaceutical and biotechnology companies. www.cresset-group.com

About Hulinks Inc.

Hulinks was founded in 1986 and is based in Chuo-ku, Tokyo, Japan. Hulinks provides scientific software sales, support and integration for a range of advanced software packages in Japan (on Mac/Windows/Linux/Unix platforms). It operates a web based retail site Hulinks Direct for sale of various products. Hulinks also provides software development, database deployment, web customization and Japanese localization services. http://www.hulinks.co.jp/corporate/english.html

Cresset Group

Rob Scoffin +44 1707 356120

Email: rob@cresset-group.com

Hulinks Inc.

Noboru Wakabayashi

Email:marketing@hulinks.co.jp

Alto Marketing Limited

Carolyn Butchers

+44 (0)1489 557672

Email: carolynb@alto-marketing.com

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