Corporate | 25 January 2006 14:34
STRATEC and CyBio sign sales cooperation agreement
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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STRATEC and CyBio sign sales cooperation agreement
STRATEC expands its shareholding in CyBio
Birkenfeld/Jena, January 25, 2006
On January 23, 2006, CyBio AG, Jena, and STRATEC Biomedical Systems AG,
Birkenfeld, signed a cooperation agreement at “LabAutomation”, one of the most
important laboratory automation fairs, in Palm Springs, California, USA. The
object of this contractual agreement is the non-exclusive sale by CyBio of
systems of STRATEC’s “Robion” brand. These systems are being designed and
manufactured by STRATEC for the pharmaceutical and biotechnology sector and
will be sold worldwide by CyBio under its own name.
The fully automated systems designed and manufactured by STRATEC will
initially supplement CyBio’s liquid handling portfolio with a flexible
pipetting platform, thus expanding CyBio’s range of applications for the life
science industry. This cooperation will enable STRATEC to benefit from CyBio’s
established global sales network and will thus save it from having to build
up its own costly sales organization.
In view of this development, on January 20, 2006 STRATEC Biomedical Systems AG
increased its existing shareholding in its new sales partner, CyBio, by
6.250% from 4.875% to 11.125% by means of an off-market transfer placement.
About CyBio
CyBio AG ( http://www.cybio-ag.com ; ISIN: DE0005412308), with its principal
headquarters in Jena, Germany, and sales subsidiaries in Europe and the USA,
is a globally active life science company. As an innovative technology
company, CyBio develops, produces and sells technology platforms used in drug
discovery.
With more than 15 years of experience, CyBio’s hardware, software and service
products have set new standards in terms of their precision, speed and
engineering output in the field of automated drug discovery.
The product portfolio consists of a wide range of pharmaceutical and
agrochemical research solutions: liquid handling, detection, software and
system integration, in order to create fully automated screening technologies
holding the key to innovative and efficient high-throughput drug discovery.
About STRATEC
STRATEC Biomedical Systems AG ( http://www.stratec-biomedical.de ) designs and
manufactures fully automated systems for its partners in the fields of
clinical diagnostics and biotechnology. These partners market such systems, in
general together with their own reagents, to laboratories and research
institutes around the world. The company develops its products on the basis of
its own patented technologies. Shares in the company (ISIN: DE0007289001) are
traded in the Prime Standard segment of the Frankfurt Stock Exchange, in the
Gate-M trading segment of the Stuttgart Stock Exchange and on other exchanges.
The STRATEC Group comprises the listed holding company “STRATEC Biomedical
Systems AG”, as well as the wholly-owned subsidiaries “STRATEC NewGen GmbH”
and “Robion AG”.
For further information, please contact:
STRATEC Biomedical Systems AG
André Loy, Investor Relations
Gewerbestrasse 37, 75217 Birkenfeld
Germany
Tel: +49 (0)7082 7916 190
Fax: +49 (0)7082 7916 999
E-Mail: ir@stratec-biomedical.de
CyBio AG
Franziska Haase, Investor Relations
Goeschwitzer Strasse 40, 07745 Jena
Germany
Tel: +49 (0)3641 351 401
Fax: +49 (0)3641 351 409
E-Mail: franziska.haase@cybio-ag.com
End of announcement (c)DGAP 25.01.2006
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WKN: 728900; ISIN: DE0007289001; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard) und Stuttgart (Gate-M);
Freiverkehr in Berlin-Bremen, Düsseldorf und München