Federated Sample Spins Off Fulcrum Division

US firm Federated Sample has spun off its Fulcrum sample management and exchange platform as an independent division.

Developed over the past five years, Fulcrum offers a platform for the buying and selling of sample, while providing a SaaS-based automated solution which supports custom surveys, tracking and consumer data collection. Last year, Fulcrum was adapted to work on almost any mobile device, and more recently the company launched a new integrated sample procurement tool called Fulcrum Bid Manager.

Patrick Comer, CEO and founder of Federated Sample, explains: 'Opening up our platform to third parties has far exceeded expectations. By focusing the Fulcrum team specifically on the technology and operating requirements of those clients, we can continue to drive efficiency, delivery and financial ROI.'

Michael McCrary will lead the standalone division as its President, and as part of the re-organisation, Andy Ellis will now lead Federated Sample as President.

Web sites: www.federatedsample.com and www.fulcrumexchange.com .