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LabCentral Launches Laboratory Operations; Signs American Laboratory Trading as a Gold Sponsor
Date:11/19/2013

CAMBRIDGE, Mass., Nov. 19, 2013 /PRNewswire/ -- LabCentral, an innovative, shared laboratory space designed as a launchpad for life-sciences startups, officially began laboratory operations on November 15th. Key to its on-schedule opening was the generous support that the nonprofit organization received from its sponsors in the form of financial contributions, equipment donations, and in-kind services. In that regard, LabCentral announced that American Laboratory Trading, Inc. (ALT) has joined at the gold sponsorship level.

ALT Chief Operating Officer Jayson Bernstein, commented, "For the last 14 years, ALT has been providing high-quality, premium refurbished lab equipment to the Cambridge biotech community. However our commitment to this innovation hub has never been stronger as evidenced by our new Kendall Square office and now through our sponsorship of LabCentral. Partnering with LabCentral is an ideal fit for ALT as we share a common goal − provide entrepreneurs with cost-effective, turnkey solutions to support their research efforts. We're honored to be a part of this premier biotech facility."

"We welcome ALT as a sponsor to LabCentral," said LabCentral President and Executive Director Johannes Fruehauf. "Its contribution help make this the single best place to build a new life-science company in Cambridge. The interest in LabCentral has been extraordinary and many dozens of companies have made inquiries about becoming LabCentral participants. As of today, five startups have already moved in, and we expect to have 10 companies here by the end of the year."

Fruehauf continued, "LabCentral's existing footprint comprises 28,000 square feet of space in a MIT-owned building in Kendall Square, Cambridge, with an option on additional space of similar size. Our
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