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Beckman Coulter's 4th Quarter and Full Year 2007 Revenue Grows 10.8% and 9.2%, Respectively; 2007 Earnings Per Share Beat Outlook
Date:2/8/2008

ng 2,500 hospitals.

-- Entered into a two-year research project to be carried out at Thomas

Jefferson University in Philadelphia and Laboraf Diagnostica e

Ricerca San Raffaele SpA in Milan. This research will seek to

discover genetic signatures for cardiovascular disease and obesity-

related hypertension, which would yield exclusive proprietary

content for Beckman Coulter's molecular diagnostics system.

-- Elected Susan R. Nowakowski, chief executive officer, president, and

director of AMN Healthcare Services, Inc., to the company's Board of

Directors.

Post-Quarter Developments

-- Named Scott Garrett, the company's current President and Chief

Executive Officer, as Chairman of the Board, President and Chief

Executive Officer, effective April 24, 2008.

-- Named Betty Woods, the company's current non-executive Chairman, as

Lead Independent Director, effective April 24, 2008.

-- Declared a $0.17 per share quarterly cash dividend, a $0.01 per

share, or 6.3% increase, payable on March 7, 2008 to all

stockholders of record on February 22, 2008. This payout represents

the 75th consecutive quarterly dividend.

-- Announced that the company's Board of Directors authorized the

repurchase of up to 2.5 million shares of the company's outstanding

common stock.

-- Entered into agreements with the National University of Ireland,

Galway, to direct assay research and acquire licenses for

intellectual property as part of the development of infectious

disease tests for Beckman Coulter's molecular diagnostics

instrument.

Full Year 2007 Discussion

Revenue for full year 2007 was $2,761.3 million, up 9.2% over prior year, or 6.8% in constant currency. The 2006 acquisition of Lumigen
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SOURCE Beckman Coulter, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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