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Caliper Enhances Strategic Focus and Increases Growth Capital with Sale of Product Lines to Biotage
Date:5/17/2010

class="xn-money">$0.5 million.  The sale is expected to close prior to May 28, 2010.  Caliper will continue to manufacture these products for Biotage under a three-year manufacturing supply arrangement.  Approximately eight Caliper employees involved with these product lines will be offered positions with Biotage.

"This acquisition represents an opportunity for Biotage to combine our best-in-class SPE consumables with robust automation to create workflow solutions for our customers," said Torben Jorgensen, President and CEO of Biotage. "Caliper built an excellent reputation in this market and is working closely with us to ensure current customers will continue to receive the same high level of service and support through a period of transition and beyond."

About Caliper Life Sciences

Caliper Life Sciences is a premier provider of cutting-edge technologies enabling researchers in the life sciences industry to create life-saving and enhancing medicines and diagnostic tests more quickly and efficiently. Caliper is aggressively innovating new technology to bridge the gap between in vitro assays and in vivo results and then translating those results into cures for human disease. Caliper's portfolio of offerings includes state-of-the-art microfluidics, lab automation & liquid handling, optical imaging technologies, and discovery & development outsourcing solutions. For more information please visit www.caliperLS.com.

About Biotage

Biotage offers solutions, knowledge and experience in the areas
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SOURCE Caliper Life Sciences, Inc.
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