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BIOCOM Purchasing Group Brings in Four New Contracts
Date:5/13/2008

SAN DIEGO, May 13 /PRNewswire/ -- BIOCOM, the association for the Southern California life science community, has expanded its BIOCOM Purchasing Group contract portfolio with four new agreements with PR Newswire, Innovative Lease Services, NexAira and Worldwide Express now on its list of BIOCOM-preferred vendors who discount their goods and services for BIOCOM members.

The new supplier agreements will provide BIOCOM members with special rates on press release distribution services, a locally-based equipment financing option, cutting-edge wireless technology solutions and a comprehensive shipping source to save them time and money.

By providing members with significant discounts on essential procurement needs, life science companies can allocate their financial recourses to what is most important, research, discovery and development, said Ian Wisenberg, the president of the BIOCOM Purchasing Group.

"The bottom line is very important at any biotech or medical device company, and the purchasing group gives many ways for companies to save money," said Wisenberg. "We're excited to offer new discounts on goods and services that every business needs, like press release distribution, equipment leasing, wireless data and shipping."

PR Newswire Association LLC (http://www.prnewswire.com), a BIOCOM partner since 2004, provides electronic distribution, targeting, measurement and broadcast services on behalf of tens of thousands of corporate, government, association, labor, non-profit, and other customers worldwide, including those in the biotech, health and life sciences industry. Established in 1954, PR Newswire has offices in 14 countries and routinely sends its customers' news to outlets in 170 countries and in more than 40 languages.

Innovative Lease Services (http://www.ilslease.com/) has been a provider of equipment leasing for over 20 years and has funded over $200 million in equipment to companies of all sizes and structures. While commercial equipment leasing is their primary focus, ILS also offers a wide variety of business financing solutions including commercial real estate, start-up financing and SBA programs.

Worldwide Express (http://www.dhl.com/) is an authorized selling partner of DHL. As a global market leader in the international express and logistics industry, DHL's comprehensive international and domestic networks link more than 225 countries and territories worldwide with a wide variety of fast and reliable shipping, freight and logistics services.

Founded in 2005, NexAira (http://www.nexaira.com/) is a San Diego-based company focusing on the distribution and support of industry-leading wireless data products. NexAira has well-established relationships with all the major wireless carriers and both sells and services a wide range of leading wireless broadband and telemetry solutions.

BIOCOM Purchasing Group Premier Suppliers are chosen after a closed bidding process, where leading suppliers present competing proposals that are selected by a group of purchasing professionals from BIOCOM member companies.

The BIOCOM Purchasing Group Portfolio consists of Premier Suppliers and the Employee Perks Program.

BIOCOM Purchasing Group's Premier Suppliers consist of exclusive non-competitive contracts with the 25 following business: ABD Insurance and Financial Services, Airgas, BIOCOM 401(k) Services, BioSurplus, Chubb Group of Insurance Companies, Coffee Ambassador, Corning Life Sciences, Harlan Sprague Dawley, HK Plastics Engineering, Hyatt Regency La Jolla at Aventine, Hyatt Regency Century Plaza, Hyatt Regency Newport Beach, Innovative Lease Services, Monitor Liability Managers, NexAira, Office Depot, PR Newswire, Prudential Cleanroom Services, RR Donnelley, Sharp Business Systems, Shred-it, Tech Depot, The Grande Colonial, Worldwide Express / DHL and VWR International.

The Employee Perks Program offers BIOCOM members and their more than 30,000 employees' perks for personal and professional use from more than 150 businesses throughout Southern California and the Bay Area, with several national benefits programs. Discounts available through the perks program include attractions, accommodations, transportation, restaurants and catering, athletics, salons/spas/health and wellness, dry cleaners, golf, legal services, retailers, and education and home services. Please click here for more information: http://www.biocom.org/Default.aspx?tabid=235

About the BIOCOM Purchasing Group:

The BIOCOM Purchasing Group gives the Southern California life science community volume-based savings on products and services frequently used by biotech, medical device and diagnostic firms and the service providers that work with them. Through strategic group buying power, BIOCOM Purchasing Group negotiates and maintains contracts that provide members, regardless of size, with substantial bottom-line savings. In 2007, BIOCOM members saved more than $20 million through the BIOCOM Purchasing Group Premier Supplier Portfolio. Please click here for more information: http://www.biocom.org/Default.aspx?tabid=75

About BIOCOM

BIOCOM is the largest regional life science association in the world, representing more than 570 member companies in Southern California. The association focuses on initiatives that position the region's life science industry competitively on the world stage, and on the development and delivery of innovative products that improve health and quality of life. This includes initiatives in capital formation, public policy, workforce development, and member services. For more information on BIOCOM or the Southern California biotechnology and medical device community, please visit the organization's Web site at http://www.biocom.org or call (858) 455-0300.


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