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SunwayWorld & L.i.M.S. Target Emerging

Chinese Petrochemical Market

Hollywood, FL and Beijing, China - Wednesday, January 1st 2003 – In a move designed to maximize focus and accelerate growth, SunwayWorld (Beijing, China) and L.i.M.S. (Hollywood, FL) have announced that a strategic partnership has been agreed upon whereby SunwayWorld will present STARLIMS with a “Gateway” to China’s emerging petrochemical market.

The partnership will benefit from SunwayWorld’s vast experience of providing system integration services for many large-scale enterprises in China’s petrochemical industry, as well as STARLIMS leadership in delivering collaborative laboratory information management systems (LIMS) for global petrochemical projects.

STARLIMS enables petrochemical companies to generate and record quality information, accessible by users at all technical levels. The system exposes ultimate flexibility to enable changes that reflect new business needs with out endangering the ability to perform future upgrades.

China is rapidly closing the gap with leading western markets in regard to consumption of petrochemical products. According to a forecast report, China will consume 260 million tons of crude oil by 2005, 140 million tons of oil products, about 15 million tons of ethylene, 9.1 million tons of synthetic fiber, and 10.5 million tons of synthetic fiber raw materials.

“We are confident that 2003 will start a boom period for China's petroleum and petrochemical market as rapid economic growth will demand an increase for oil and petrochemical products” said Li Yanjie President of SunwayWorld. “STARLIMS proven experience in five of the top 10 global oil companies, grants us an immeasurable head start in achieving our goal of becoming a one stop solutions company for leading petrochemical enterprises in China.”

“China is rapidly developing its technology infrastructure and gearing up to become a major producer of petrochemical and other products, which we believe will result in growing demand for STARLIMS solutions" said Itschak Friedman, CEO of L.i.M.S. “The goal is to combine our LIMS solutions with the local support and integration power that SunwayWorld have in China. This partnership with SunwayWorld, strengthens our presence in China and continues our developmental strategy into the Asia-Pacific region.”

In March this year L.i.M.S. expanded geographically with the establishment of its Asia Pacific center in Hong-Kong, and has since initiated sales and support channels throughout China, Hong Kong, India, Malaysia and Thailand.

About SunwayWorld

Founded in 1995, Beijing SunwayWorld Science and Technology Co.,Ltd. (“SunwayWorld”) is a first-class domestic software development company focusing on information systems construction for process industries with focus on the oil, petrochemical and chemical markets. With copyrights for numerous software programs and hundreds of system integration projects finished during the past 7 years, SunwayWorld provides consultation services for information systems of many large-scale enterprises. The business scope of the company covers all aspects of information system construction for process industries, such as industrial control, real-time production data collection, network projects, management information systems, office automation systems, intellectual decision support, process simulation, advanced control and optimization. At present, SunwayWorld has established strategic partner associations with both domestic and overseas corporations such as IBM, AspenTech, ORACLE, and HP as well as with several well-known domestic science research institutes and academies.  For more information, please visit www.sunwayworld.com

About L.i.M.S.

L.i.M.S. and STARLIMS are trading names of L.I.M.S. (USA) Inc. STARLIMS is a powerful, flexible, full-featured, extensible and scalable laboratory information management system. STARLIMS is installed in more than 600 analytical laboratories, quality inspection organizations and high-end clinical operations throughout the world. L.i.M.S.’ customers include government, municipal and private laboratories, as well as Fortune 500 corporations in the chemical, clinical, environmental, food, forensics, petrochemical, and pharmaceutical markets and industries. For more information, please visit www.starlims.com

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