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Alere Inc. Announces Extension of Consent Solicitations Related to its 9.0% Senior Subordinated Notes Due 2016, 8.625% Senior Subordinated Notes Due 2018 and 7.875% Senior Notes Due 2016 and Increased Consent Fees
Date:6/7/2011

WALTHAM, Mass., June 7, 2011 /PRNewswire/ -- Alere Inc. (NYSE: ALR) (the "Company") announced today that it has extended the expiration dates for each of its previously announced consent solicitations relating to its 9.0% Senior Subordinated Notes due 2016 (the "9.0% Notes"), 8.625% Senior Subordinated Notes due 2018 (the "8.625% Notes") and 7.875% Senior Notes due 2016 (the "7.875% Notes," and, together with the 9.0% Notes and the 8.625% Notes, the "Notes").  In addition, the Company announced that it has increased the maximum aggregate fees payable to holders of the Notes as of the applicable record dates set forth in the solicitation documents, as supplemented (the "Solicitation Documents"), in connection with the consent solicitations.  The consent solicitations solicit the consents of the requisite holders of the Notes as of the applicable record dates set forth in the Solicitation Documents, in relation to certain amendments to the indentures governing the Notes (together, the "Proposed Modifications"), including amendments to the covenants in the indentures entitled "Limitations on Restricted Payments" in order to permit the Company to repurchase equity interests in the Company from time to time for aggregate cash consideration of up to $200.0 million and certain related modifications (the "Restricted Payments Amendments").

The consent solicitations will expire at 5:00 p.m., New York City time, on June 8, 2011, unless further extended or earlier terminated.  The consent solicitations were previously scheduled to expire at such time on June 7, 2011. The extension of the expiration date relates to both the consent solicitation with respect to proposed amendments and waivers relating to the setting of record dates for certain purposes under the indentures governing the Notes and the consent solicitation with respect to the Restricted Payments Amendments.'/>"/>

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