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Techne Corporation Releases Unaudited Fourth Quarter Results for Fiscal Year 2009
Date:8/4/2009

uture events. Investors are cautioned not to place undue emphasis on these statements.

Techne Corporation has two operating subsidiaries: Research and Diagnostic Systems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe, Ltd. (R&D Europe) of Abingdon, England. R&D Systems is a specialty manufacturer of biological products. R&D Systems has two subsidiaries, BiosPacific, Inc. (BiosPacific), located in Emeryville, California and R&D Systems China Co. Ltd., (R&D China), located in Shanghai, China. BiosPacific is a worldwide supplier of biologics to manufacturers of in vitro diagnostic systems and immunodiagnostic kits. R&D China and R&D Europe distribute biotechnology products.

                               TECHNE CORPORATION
                      CONSOLIDATED STATEMENTS OF EARNINGS
                     (In thousands, except per share data)
                                  (Unaudited)

                                       QUARTER ENDED     FISCAL YEAR ENDED
                                    6/30/09    6/30/08   6/30/09    6/30/08
                                    -------    -------   -------    -------
    Net sales                       $64,890    $67,769  $263,956   $257,420
    Cost of sales                    14,656     13,888    55,488     52,889
                                     ------     ------    ------     ------
    Gross margin                     50,234     53,881   208,468    204,531
                                     ------     ------   -------    -------
    Operating expenses:
       Selling, general and
        administrative                7,560      8,986    33,164     36,715
       Research and development       5,999      5,812    23,564     22,394
       Amortization of intangible
        assets                          240        282       960      1,135
                                        ---  
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SOURCE Techne Corporation
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