Switzerland’s cBcon Services AG Establishes Strategic Alliance with Pilgrim Software to Offer Global Enterprise Technology Solutions

Tampa, FL – September 20, 2010 -- Pilgrim Software, Inc., a world-leading provider of Enterprise Risk, Compliance and Quality Management software solutions, today announced a strategic partnership agreement with cBcon services ag, a Swiss-based technology consulting and services company serving the Pharmaceutical and Life Sciences markets and other industries. In conjunction with cBcon’s consulting services, Pilgrim will deliver its automated solutions for risk management, regulatory compliance and operational and product quality to an expanded portfolio of global Life Sciences enterprises.

Pilgrim’s integrated risk, compliance and quality management solution helps regulated organizations remain compliant, recognize and preemptively address potential operational dangers, reduce costs, and operate more effectively. By combining its proven solution with cBcon’s clientele, Pilgrim will be able to serve an expanded range of organizations with its globally recognized process automation platform.

“Our customers throughout Switzerland and across Europe will benefit from the combined know-how of two trusted and proven solution and services providers,” said Carola Betschart, Chief Executive Officer of cBcon services. “Together, Pilgrim and cBcon are now in a solid position to offer complex software solutions and integrated services to solve our clients’ strategic, organizational and operative challenges, with an aim to increasing their competitiveness and long-term added value.”

Together, Pilgrim and cBcon will help customers operating in highly regulated, process-oriented environments increase their business efficiency, reduce costs, identify operational dangers and avoid negative outcomes, through the delivery of automated, quality and compliance-driven software solutions.

“We’re excited to reach this agreement with cBcon services, which will expand our ability to reach and support growing and established Life Sciences enterprises in Switzerland and across the European continent,” said Prashanth Rajendran, Chief Operating Officer for Pilgrim Software. “We look forward to building a very productive relationship between our two companies which will allow us to offer an expanded portfolio of customers a more proactive and predictive quality, compliance and risk management solution framework.

“With both of our companies’ products and industry expertise, businesses that turn to us will now have a comprehensive solution to meet their daily operational and regulatory challenges that will subsequently enhance their competitive position in the market.”

About cBcon services ag

cBcon services ag is a service provider and consultancy company, concentrating on realizing individual and future-oriented IT solutions. The company’s main focus lies in developing projects with an emphasis on the comprehensive support of infrastructures, services and interdisciplinary processes. http://www.cbcon.ch/en/00_cbcon/00_cbcon.htm

About Pilgrim Software, Inc.

Pilgrim Software, Inc. is a world-leading provider of Enterprise Risk, Compliance and Quality Management solutions for global organizations. Named 2007 & 2008 North American Enterprise Compliance & Quality Management Company of the Year by Frost & Sullivan, Pilgrim helps organizations manage industry and regulatory compliance, reduce manufacturing costs and improve customer satisfaction. For more information, visit Pilgrim Software’s website at www.pilgrimsoftware.com.

Nancy DeFilippis | Marketing Programs Manager | Pilgrim Software office: 813-915-1663 ext 2479 | fax: 813-915-1948 | www.pilgrimsoftware.com

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