MDM Technologies was founded in January 2005 and purchased the intellectual property of Quantis Formulation. The company changed its name to Quantisweb Technologies in 2009 to create a stronger link with the name of its product Quantisweb.
During the period 1992-1995, a joint research project of Purchase Master and Prolab was financed by Quebec and Canadian governments R&D tax credits to develop procurement software for Purchase Master and Biodegradable synthetic motor oil for 2 stroke engines for Prolab. The project was successfully completed. Quantis Formulation was founded in 1997 to adapt the tool developed under the research project to the pharmaceutical drug formulation process and to various other industries such as: polymers and paints. Quantis Formulation developed a concept into a fully mature product over the following 7 years and succeeded in penetrating the very difficult pharmaceutical market.
Our company is at the commercialization stage of business, of a fully mature product which has gained acceptance by some big industry players in the pharmaceutical, chemical, paper and software industries.