Newark, Delaware
October 29, 2004
Strategic Diagnostics Inc.
(Nasdaq:SDIX) - a leading provider of antibody products and
analytical test kits for the food-safety and water-quality
markets, today announced the signing of a new distribution
agreement with GeneScan
Analytics GmbH. Under the agreement, GeneScan, a member of
the Eurofins Group, will
represent the TraitChek(TM), SeedChek(TM), and FeedChek(TM)
product lines of SDI under exclusive distribution for Austria,
Germany, Denmark, Norway, Switzerland, Czech Republic and the
Netherlands. They will represent the same product lines under a
non-exclusive agreement through the rest of Europe.
GeneScan is the world market
leader in the field of molecular biological testing for
genetically modified organisms (GMOs) in food, feed and
agricultural raw materials. Global food producers rely on
GeneScan to help them validate ingredient claims and manage raw
material information and logistics associated with meeting raw
material specifications. GeneScan's PCR expertise is the
industry leading method for determination of GMO content in
finished food products.
Strategic Diagnostics Inc. is
the world-leading provider of rapid test methods for determining
the presence and type of genetic modification in corn, soybean,
canola and other commercial crops. SDI technology allows food
processors to quickly and effectively determine if a raw
material has been genetically modified, and if so, what trait is
present.
"Through our agreement with
SDI, GeneScan Analytics will be able to continue to enhance its
offering to the customer. We now have the best available
technologies to help our customers meet the requirements of
Identity Preservation throughout the supply chain. From the time
a commodity is shipped, until the time a finished product
conforms to labeling requirements, GeneScan will be able to help
the customer identify and quantify GMO content in the most
cost-effective and efficient way possible," said Wilfried Blum,
Managing Director of GeneScan.
Matthew Knight, President of
SDI, commented, "We are delighted to see our long-term
relationship with GeneScan continue to expand under this
agreement. They are a company with a clear history of customer
service, and our technologies are quite complementary. We
believe the timing is right to formalize this relationship. The
first GMO traits have been approved in the EU with the assurance
that labeling laws will be enforced. The combination of the SDI
immunoassay technology and PCR allows GeneScan to offer the best
Identity Preservation solution to their considerable customer
list."
Strategic Diagnostics Inc.
is a leading provider of biotechnology-based diagnostic tests
for a broad range of agricultural, industrial, and water
treatment applications. Through its antibody business, Strategic
BioSolutions, Strategic Diagnostics also provides antibody and
immunoreagent research and development services. SDI's test kits
are produced in a variety of formats suitable for field and
laboratory use, offering advantages of accuracy,
cost-effectiveness, portability, and rapid response. Trait
Check(TM), GMO QuickCheck(TM), and GMO Check(TM) are pending
trademarks for SDI.
As a company of the Eurofins
Group, GeneScan Europe AG operates in the area of quality and
identity control of food and animal feed. The focus of these
activities is the detection of genetically modified organisms
(GMO) in seeds, agricultural commodities, semi-finished and
finished products. The company meets its customers' global
requirements by operating its own analysis laboratories in
Europe, North and South America and by establishing networks of
strategic partners and licensees. In addition to carrying out
service analyses, it also offers the corresponding diagnostics
kits to third party laboratories. The group's portfolio also
includes design, implementation and certification of customised
control programmes and identity preservation systems along the
entire production chain. |