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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (178)10/26/2000 2:39:18 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 724
 
another one, from 12/17/98.......

New Brunswick Scientific Co., Inc. Acquires Inceltech

EDISON, N.J., Dec. 17 /PRNewswire/ -- New Brunswick Scientific Co., Inc.
(NBS) (Nasdaq: NBSC) today announced that it had acquired the assets and
business of Inceltech, a well known manufacturer of fermentors and cell
culture bioreactors located in Toulouse, France. Inceltech has primarily
served the European market with laboratory and pilot scale equipment since its
founding in 1988 by Dr. Henri Blachere, an eminent French Chemical Engineer,
who will remain with the Company in a technical liaison capacity.
Ezra Weisman, President and CEO of NBS said: "The acquisition of Inceltech
adds a new dimension to NBS by providing the Company with a European based
facility which enhances our ability to more efficiently serve the important
European market." Gerry Burgers, Managing Director of NBS BV and NBS Sarl,
the Company's Benelux and French operations added: "We are committed to
continue strengthening our sales, service and technical support capabilities
in Europe. The acquisition of Inceltech is another milestone in NBS'
development to better serve the European market with state-of-the-art
bioprocess equipment and enhanced technical support."
New Brunswick Scientific Co., Inc. designs and manufactures a wide variety
of research equipment and scientific instruments for the life sciences. The
Company, through DGI BioTechnologies, its majority-owned drug lead discovery
operation, is also developing a proprietary process which is expected to
result in the discovery of novel therapeutics by generating biologically
active drug leads for known pharmaceutical targets.
This press release includes statements which may constitute
forward-looking statements made pursuant to the safe harbor provision of the
Private Securities Litigation Reform Act of 1995. This information may
involve risks and uncertainties including without limitation, risks relating
to the development by DGI of its technology, that could cause actual results
to differ materially from the forward-looking statements. Although the
Company believes that the expectations reflected in such forward-looking
statements are based on reasonable assumptions, such statements are subject to
risks and uncertainties that could cause actual results to differ materially
from those projected.


SOURCE New Brunswick Scientific Co., Inc.

Web Site: nbsc.com




CONTACT: Samuel Eichenbaum, Vice President, Finance of New
Brunswick Scientific Co., Inc., 732-287-1200, ext. 2239, or
same@nbsc.com