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Caliper Life Sciences Reports West Coast Consolidation of Operations
Date:4/24/2008

r estimates that ongoing facility cash outflows, primarily rent payments net of sublease income, will be spread over the 5.6 years remaining on its Mountain View, CA lease. The consolidation, which was previously announced on February 26, 2008, entails moving approximately 33 employees engaged principally in research and development activities from Mountain View, CA to Caliper's facilities in Alameda, CA. The consolidation resulted in a reduction of approximately 13 positions.

Caliper also indicated that it expects to report total revenue above the mid-point of its previous projected range of $26.5 million to $29.5 million.

Caliper is scheduled to report its first quarter results on May 8, 2008 and will hold a conference call to discuss financial results on May 8, 2008 at 9:00 a.m. EDT. To participate in the call, please dial 888.680.0893 five to ten minutes prior to the call and use the participant passcode 93268278. International callers can access the call by dialing 617.213.4859 and entering the same passcode. You may also pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=PRYBLGWL9.

A live webcast of the call can be accessed at http://www.fulldisclosure.com or on the Caliper website at http://www.caliperLS.com in the Events section of the Investor Relations page. A webcast replay of the call will remain available until Caliper's earnings call for the first quarter of 2008.

Telephone replays of the conference call will be available approximately two hours after the completion of the call on May 8 until May 15, 2008. To access a telephone playback of the proceedings, dial 888-286-8010 and use the participant passcode 20551909. International callers can access the playback by dialing 617-80
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SOURCE Caliper Life Sciences, Inc.
Copyright©2008 PR Newswire.
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