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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: scaram(o)uche who started this subject7/28/2000 8:37:31 PM
From: scaram(o)uche   of 724
 
One of the service groups for Discovery Partners is ChemRx, from which DGI sources a targeted library......

Friday July 28, 7:10 pm Eastern Time

Company Press Release

Discovery Partners International Announces $90
Million Public Offering of Common Stock

SAN DIEGO--(BUSINESS WIRE)--July 28, 2000--Discovery Partners International, Inc.
announced today its initial public offering of 5,000,000 shares of its common stock at a price
of $18.00 per share.

Chase H&Q, Lehman Brothers and UBS Warburg LLC acted as managing underwriters for the offering.

Copies of the prospectus relating to the offering may be obtained from: Chase H&Q, One Bush Street, San Francisco, CA
94104; Lehman Brothers, 555 California Street, 30th Floor, San Francisco, CA 94104; or UBS Warburg LLC, 299 Park
Avenue, New York, NY 10171.

Discovery Partners International, Inc. sells drug discovery products and services to pharmaceutical and biotechnology
companies.

The securities are being offered by Discovery Partners International, Inc. The issue represents new financing.

Contact:

Discovery Partners International
Riccardo Pigliucci, Chief Executive Officer
858/455-8600
or
Mentus, Inc.
Linda Seaton / Navjot Rai (media), 858/455-5500
ext. 133 / ext.106
lcs@mentusonline.com / nrai@mentusonline.com
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