PerkinElmer Expands Its OneSource(R) Laboratory Services with Acquisition of...

PerkinElmer Expands Its OneSource(R) Laboratory Services with Acquisition of LabMetrix Technologies

PerkinElmer, Inc. (NYSE: PKI), a global leader in Health Sciences and Photonics, today announced the acquisition of LabMetrix Technologies, the largest independent provider of metrology-based multi-vendor analytical instrument qualification solutions. The acquisition of LabMetrix adds technology, tools, proven processes and compliance expertise to PerkinElmer's growing suite of OneSource(R) laboratory services, strengthening its support of customers in a wide range of industries including pharmaceutical, medical device, food, toy and other consumer goods. The terms of the deal were not disclosed.

"This acquisition expands our support of customers in regulated markets by combining metrology-based multi-vendor qualification solutions with PerkinElmer's existing services capabilities," said Robert F. Friel, president and chief executive officer, PerkinElmer. "With the addition of LabMetrix's technology-assisted compliance solution, we can provide customers with the most robust qualification environment available for a broad range of instruments and technologies in their labs, regardless of manufacturer."

Greater public attention on product safety coupled with customers' increased need for improved scientific output continue to drive greater demand for comprehensive regulatory compliance solutions. The combination of LabMetrix's technology solutions with PerkinElmer's existing OneSource offerings will make it significantly easier for customers to demonstrate the accuracy of their analytical measurements while helping drive down the cost of compliance through automation, standardization and streamlined documentation. LabMetrix generated revenues of approximately $5 million in 2007.

"We are excited by the opportunity to combine the strengths of PerkinElmer's qualification capabilities with our patented solutions," said Serge Njamfa, president and chief executive officer, LabMetrix Technologies. "For over twenty years, we have successfully qualified thousands of analytical instruments. We look forward to combining our proven technologies with PerkinElmer's outstanding global service presence to offer customers the most comprehensive and cost-effective services available from any supplier."

PerkinElmer, Inc. is a global technology leader driving growth and innovation in Health Sciences and Photonics markets to improve the quality of life. The Company reported revenues of $1.8 billion in 2007, has 9,100 employees serving customers in more than 150 countries, and is a component of the S&P 500 Index. Additional information is available through www.perkinelmer.com or 1-877-PKI-NYSE.