New SaaS Aggregate Spend Solution Unveiled at the Veeva Customer Summit

PHILADELPHIA--(Business Wire)--
Veeva Systems` first Customer Summit - the largest gathering of life sciences
SaaS CRM users ever - opened with big news for the industry. Veeva announced
plans for its newest SaaS application, Veeva Easy Spend. The new product will be
the first SaaS offering designed for pharmaceutical and medical device companies
to ease the burden of complying with industry regulations mandating the tracking
and disclosure of expenditures on individual healthcare professionals and
organizations. It will include integrated compliance master data, regulatory
guidance, and always up-to-date business rules and reports.

"Every pharmaceutical and medical device company needs to comply with aggregate
spend legislation," according to Peter Gassner, president and CEO of Veeva
Systems. "Unfortunately, the solutions on the market today are complex, time
consuming and expensive. Our goal is to make it dramatically more economical to
achieve reliable compliance. Veeva Easy Spend is easy to implement, easy to
integrate, and enables pharmaceutical and medical device companies of any size
to economically comply with complex regulatory requirements."

Veeva EasySpend will be sold separately from the company`s flagship Veeva CRM
product suite and is designed to be easily integrated with any CRM or ERP
system.

Availability is planned for July 2009.

About Veeva CRM

The Veeva CRM suite of applications, comprised of VBioPharma, VMobile, and
VInsights, is the life sciences industry`s top SaaS-based CRM solution. As the
foundation, VBioPharma offers multiple editions in one CRM product to
accommodate the unique needs of various life sciences commercial teams. It is
also the only pharma CRM application to come pre-validated for PDMA and CFR Part
11 compliance. The complete Veeva CRM suite gives customers the mobility and
reporting solutions needed to drive user adoption and sales effectiveness.

About Veeva Systems, formerly Verticals onDemand

Veeva Systems is the leader in SaaS-based solutions for the global life sciences
industry. Veeva has dozens of customers ranging from the world`s largest
pharmaceutical companies with thousands of users to emerging biotechs
commercializing their first products. Veeva customers achieve the fastest time
to value through the deployment of fully functional applications that are
flexible, simple to deploy, inexpensive to operate, and provide a superior user
experience. Veeva is a privately-held company headquartered in Pleasanton, CA.
For more information, visit www.veevasystems.com.

Veeva Systems, Inc.
Lisa Barbadora, 610-420-3413
pr@veevasystems.com

Copyright Business Wire 2009