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IBT Laboratories Names Maureen Loftus President and Chief Operating Officer
Date:7/1/2008

LENEXA, Kansas, July 1 /PRNewswire/ -- IBT Laboratories, a leading global clinical-diagnostics and biomedical-research laboratory specializing in immunology and allergy assays, announced that Maureen Loftus has joined the company as president and chief operating officer. According to IBT's founder and Chief Executive Officer, John F. (Jack) Halsey, Ph.D., Ms. Loftus' business leadership skills and experience, garnered from more than a dozen years as a senior executive in the biotechnology and financial-services industries, will be invaluable to the rapidly growing company.

"Doctors, commercial reference labs, and pharma companies send their samples to us from around the world for testing because of our unique expertise in allergy and immunology. We have a scientific team dedicated full time to new assay development so we can offer customers the latest, most-comprehensive range of molecular and cellular immunology assays available," said Dr. Halsey. "Over the past several years, IBT has enjoyed double-digit growth in all segments of the business. Unlike many reference labs that perform testing exclusively for either clinical diagnostics or pharmaceutical customers, we do both, and each part of the business supports and informs the other. I am delighted that Maureen has joined us. With day-to-day operations and implementation of our ambitious growth strategy in her capable hands, I will be able to devote my time to expanding our research and testing services and developing strategic partnerships to further the scientific mission of the company."

Previously, Ms. Loftus served in senior leadership positions with companies across a variety of industries, most recently as president of The Bode Technology Group, Inc, one of the nation's leading providers of forensic DNA analysis. Prior to that, Ms. Loftus was chief operating officer of Identico Systems, a pioneer in biometric-enabled identity-verification systems. In addition, she has more than 10 year
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SOURCE IBT Laboratories
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