Two Healthcare Contracts Won

Sopheon PLC 29 July 2003 Embargoed Release: 07:00hrs 29th July 2003 Sopheon Plc ('Sopheon') Sopheon Awarded Contracts From Two Healthcare Organizations in the Netherlands Transactions Include Agreements with azM University Hospital for Implementation of Evidence Monitor Solution and AMTEC for Use of Accolade MINNEAPOLIS and LONDON-July 29, 2003-Sopheon, the international software and services company, announced today that it has received a five-year contract from azM, a leading university hospital based in Maastricht, the Netherlands, for an extended implementation of Sopheon's Evidence Monitor solution. In addition, Sopheon stated that it has signed an agreement with Maastricht-based AMTEC, a company that manages azM's clinical-trial research, for the deployment of Sopheon's Accolade product development system. Both organizations indicate that their adoption of the Sopheon solutions is an integral aspect of strategic plans for generating substantially more revenue from their knowledge-based capabilities. azM is one of Europe's foremost referral hospitals and a leader in the field of evidence-based medicine, a practice standard that requires the conscientious use of the latest best-evidence in making decisions about patient care. azM is deploying Sopheon's Evidence Monitor to the hospital's 700 doctors and researchers who are challenged to find the time required to regularly review professional publications in order to stay current on developments in their fields of practice. The Sopheon solution, which features an advanced linguistic text-comparison engine, operates as a 'reading robot' that monitors a user-defined set of medical journals, filters and analyzes their content, and provides alerts on information and developments related to the user's areas of specialization. azM expects that, in addition to ensuring superior patient care, implementation of Evidence Monitor will improve research processes, lessen liability exposure, and help it continue to attract and retain a world-class medical staff. AMTEC is an independent company founded by azM to manage the approximately 250 industry-funded clinical trials the hospital is conducting at any one time based on contracts with major pharmaceutical companies or other suppliers of healthcare products. Historically, this trial activity has been administered using a mostly paper-based process that made it difficult to control multiple project schedules as required to meet completion deadlines, stay within budget and generate forecasted revenues. Sopheon's Accolade, a software and services system that is typically used to enhance the process of developing new products, is being deployed by AMTEC to automate its clinical trial management process and provide trial managers and researchers with a single, reliable, easy-to-use framework for everything from tracking schedules and budgets to assessing and allocating resources, examining relevant financial and legal issues and analyzing trial results. It also allows administrators to execute advanced portfolio management and to make better strategic decisions based on an ability to detect themes and areas of specialization emerging from the trial activity. The system is expected to help generate more than $2 million annually in increased revenues through such advantages as faster trial preparation and execution, higher quality trial results and improved service to clients. The Accolade solution is initially being deployed to a community of 150 users across AMTEC and azM, with plans for later expansion to the hospital's industrial pharmaceutical and biotech clients. 'Sopheon's technology is a vital ingredient in the implementation of our strategies for becoming a highly-profitable commercial leader in medical, biotechnology and pharmaceutical markets,' said Jan Carpay, former chairman and CEO of azM, who spearheaded both the Evidence Monitor and Accolade deployments. 'Sopheon's technology helps us harness not only internal information, but critical information from outside our walls. We are benefiting through efficiency gains, heightened process adherence, and increased overall organizational excellence. This type of progress is imperative as we embark on a long-term corporate initiative to resell the protocols and other knowledge generated in our evidence-based medical operations and clinical trials. We anticipate that within 10 years, 30 percent of our revenues will come from this knowledge business, and Sopheon, as our strategic partner, is integral to our achieving that objective.' 'Sound information and portfolio management is critical to almost all organizations in the knowledge-intensive healthcare industry,' said Huub Rutten, president of Sopheon's healthcare division. 'Our new agreements with azM and AMTEC reflect the capacity of our solutions to deliver precise process and decision support where the consequences of information use extend not only to the success or failure of key business endeavors but to determining the quantity and quality of human life. These applications of our technology are a vivid illustration of the tremendous opportunity that healthcare and related life sciences represent for Sopheon.' About Sopheon Sopheon (LSE: SPE) is an international provider of software tools, content and human-based decision support that enable organizations to achieve higher, faster returns on innovation and product development investments. The company's products and services include the Sopheon Accolade(R) product development system and Knowledge Network (formerly Organik(R)). Sopheon is listed on the Alternative Investment Market of the London Stock Exchange and on the Euronext in the Netherlands. For more information, please visit www.sopheon.com. Contacts Barry Mence Tel: 00 44 1277 654 379 Sopheon Plc Andrew Tan Tel.: 00 44 207 245 1100 Hansard Communications ------------------------ This information is provided by RNS The company news service from the London Stock Exchange

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