LABVANTAGE Signs Global Contract with Prominent Diagnostic Organization

Somerset, NJ. March 14, 2012 

LABVANTAGE announced today that its laboratory information management system (LIMS) and electronic laboratory notebook (ELN) were selected by a world-class provider that specializes in in vitro infectious disease diagnostics, including designing, developing, manufacturing and marketing reagents and automated instruments for medical analyses and cosmetics, and product quality control in the agro-food and pharmaceutical industries. The initial contract in excess of $3M will span global operations with numerous subsidiaries to harmonize processes and leverage the benefits of deploying a single, global LIMS across all laboratory sites. The harmonized configuration, testing, and compliance protocols to all sites worldwide will enable better decision-making and conformance while minimizing the impact to individual sites’ maintenance and support.

 

“We are very pleased that this prominent advocate for improving public health has chosen LABVANTAGE after its thorough global due diligence effort,” states Jeff Ferguson, LABVANTAGE Chief Executive Officer. “This significant commitment serves to further validate our strategy of increased investment in products and people that enable our customers to increase the pace of product development while decreasing their total cost of laboratory operations across all departments and locations.”

With over 6,000 employees worldwide and revenue in the billions, the organization will implement LABVANTAGE initially in its quality management laboratories and expand
to include worldwide R&D sites in future phases. The LABVANTAGE system will initially interface with other applications, such as SAP, OpenText Corporations’s LiveLink ECM, Cognos BI, Sparta System’s Trackwise for training and quality management, and numerous laboratory instruments using the LABVANTAGE Connect instrument integration software.

STARLIMS Is Expanding Its Global Distrubution Network

Abbott's STARLIMS Business Acquires Distribution Partners to Build International Presence

Date: March 02, 2012
Abbott Park, Illinois (NYSE: ABT) — As part of a series of strategic moves to build its laboratory information management system (LIMS) business in Europe and emerging markets in Latin America and Africa, STARLIMS Technologies, an Abbott company, has announced the acquisition of several longtime distribution partners.
These acquisitions include STARLIMS's French distributor Varilab; operations of two privately held Spanish businesses, now operating as STARLIMS Iberica; a privately held Dutch company, now operating as STARLIMS Netherlands, with a branch office in Solna, Sweden; and the business of its Israeli distribution partner, STARLIMS Israel, Ltd. In addition, the company established STARLIMS Germany GmbH, with offices in Witten, Germany, to provide direct support for its German and Swiss customers.
"The successful completion of these transactions represents Abbott's commitment to invest in and accelerate the growth of STARLIMS's core business," said Isaac Friedman, head of Abbott's STARLIMS business. "With these acquisitions, we now have more than 100 experienced LIMS engineers in the region allowing us to better serve our fast-growing European customer base and further strengthen our position as a leading provider of laboratory information management systems in Europe and other important markets."
Since its acquisition by Abbott in March 2010, STARLIMS has accelerated its worldwide sales growth and R&D spending. This has resulted in the addition of more than 150 customers across its global operations including major government accounts in the fields of forensics, public health and utilities, as well as multinational manufacturing and pharmaceutical companies.

About STARLIMS

Based in Hollywood, Fla., STARLIMS is a leading provider of laboratory information management systems, with more than 20 years of LIMS experience. The company's products help improve the reliability of laboratory sampling processes, support compliance with domestic and international regulations and industry standards, and provide comprehensive reporting, monitoring and analysis capabilities. STARLIMS software is used for quality assurance and control, testing and monitoring, and research and development in government, manufacturing and life sciences organizations. With 12 development and support centers across the globe, STARLIMS serves customers in more than 40 countries.