Victoria-based GenoLogics Life Sciences Software Inc announced today that the Vancouver Island Technology Park (VITP) will house the firm’s worldwide headquarters, starting in 2004.

The VITP is already home to the UVIC Genome BC Proteomics Centre, a leader in proteomics research, and MDS Metro, a major provider of equipment and systems for life sciences researchers. GenoLogics provides Laboratory Information Management Systems (LIMS) that manage the enormous amounts of data that result from proteomics research.

“We are very excited to have the GenoLogics Software team join VITP. Biotech in British Columbia is the third largest and fastest growing cluster in Canada; this announcement is a sign that cluster development is breeding success. VITP continues to work with the private sector companies and post-secondary institutions to commercialize our Intellectual Property and make BC a leader in life sciences,” Dale Gann, Manager, Business Development, VITP said.

“We built a large portion of our software in collaboration with the UVIC Genome BC Proteomics Centre,” said James DeGreef, GenoLogics President and CEO. “Its great to have our offices in the same complex as the Proteomics Centre as we build out new functionality that is ultimately destined for laboratories just like theirs.”

DeGreef cited other reasons for the move, including his firm’s rapid growth, and his desire to be in the epicentre of Vancouver Island’s growing technology community. “To maximize your growth in a technology business you need to surround yourself with business development opportunities and like-minded professionals,” said DeGreef. “The Tech Park is the ideal location for any technology company on the move.”

GenoLogics is a company on the move. I late 2003, the firm placed second in a field of 113 in the TELUS New Ventures BC competition, a business plan contest where a jury of venture capitalists, angel investors and financiers assess each venture’s commercial viability and each team’s ability to execute in the marketplace. Shortly afterward GenoLogics presented at the Human Proteome Organisation’s World Conference in Montreal, and then installed their flagship product, ProteusLIMSTM, at the Proteomics Research Centre at the University of Toronto, another leading Canadian proteomics facility.