Advanced Chemistry Development, Inc., Announces New Academic Site Licensing Program

Toronto, Canada, March 22, 2004

Advanced Chemistry Development, Inc., (ACD/Labs) today announced a new strategy for academic pricing that will enable educational institutions worldwide to provide faculty and students alike with industry-standard chemistry software at affordable academic prices.

Under the new pricing model, academic institutions will be able to purchase discounted annual site licenses of the commercial ACD/ChemSketch and ACD/ChemFolder software modules, granting faculty-wide access to our top-of-the-line chemical structure drawing and databasing tools. Annual site license pricing will be based on the size of the academic institution, making a site license an affordable option for even the smallest establishment.

ACD/Labs has long been committed to helping academia provide future scientists with access to the software tools they will ultimately use in their careers. Over 600 of the leading chemical and pharmaceutical companies in the world use commercial versions of ACD/Labs' software. With this, ACD/ChemSketch has become the accepted interface into the industry's best NMR and molecular property predictions, nomenclature, and analytical data management software.

To date, over 150 academic institutions worldwide have chosen ACD/ChemSketch as their standard chemical drawing package, and over 300,000 students and professors have downloaded the freeware version. Now, with the new site licensing program, ACD/Labs is finally making it possible for Academia to empower students and young researchers with the most current industry-standard commercial versions of ACD/ChemSketch and other programs for less than the cost of a lab manual, and for a fraction of the cost of an individual subscription.

Antony Williams, Ph.D., V.P. Scientific Development and Marketing of ACD/Labs, states, "The scientists of the future are being schooled today. We want to ensure that these scientists are offered access to the tools they will be using later in their careers. For almost five years we have donated freeware to schools worldwide and the outstanding response has encouraged us to offer this Academic Site Licensing program. Thousands of students already access ACD/Labs online on a daily basis. Our hope is that every academic will derive the value they expect from this innovative service!"

Each site license will come equipped with a three month complimentary subscription to ACD/Labs Online (I-Lab), the internet-based service that provides instant access to the latest chemical databases and property prediction programs for NMR spectra, molecular physical properties, and IUPAC- and CAS Index-based systematic nomenclature. Institutions will have the option to license this service at an affordable rate once the three month trial is concluded.

About Advanced Chemistry Development

Advanced Chemistry Development, Inc., (ACD/Labs) is a chemistry software company offering solutions that truly integrate chemical structures with analytical chemistry information to produce ChemAnalytics™. ACD/Labs creates innovative software packages that aid chemical research scientists worldwide with spectroscopic validation of structures, elucidation of unknown substances, chromatographic separation, medicinal chemistry, preformulation of novel drug agents, systematic nomenclature generation, and chemical patenting and publication. Combined, ACD/Labs' solutions create an analytical informatics system that provides dramatic feed-forward effects on the chemical and pharmaceutical research process. Founded in 1993, and headquartered in Toronto, Canada, ACD/Labs employs a team of over 100 dedicated individuals whose continual efforts carry ACD/Labs' innovative technologies into pharmaceutical, biotech, chemical, and materials companies throughout the world. Information about Advanced Chemistry Development and its products can be found at www.acdlabs.com.