Warnex expands reach in European market

05-Nov-2004

Warnex Inc. announced that it has signed up a new European distributor, AES Laboratoire, based in Bruz, France, to market the Company's food safety technology. Under the terms of the agreement, AES will exclusively distribute Warnex's Rapid pathogen detection System in France, Germany, Spain, Belgium, the Netherlands, Luxembourg, Austria and Switzerland.

"While still in the early stages of the commercial rollout of our Rapid Pathogen Detection System, we expect the addition of AES to our European distribution network to significantly expand our presence in key countries in the EU market, supplementing our existing relationships for Italy and the U.K.," said Mark Busgang, President & CEO of Warnex. "Building on our recent regulatory validations and success with early adopters, we are working hard to push our international commercialization strategy forward and building our sales force in North America."

AES Laboratoire is one of the leading French manufacturers and suppliers of laboratory equipment, diagnostic tests and consumables for microbiological analysis in the food, pharmaceutical and veterinary industries. The Company had revenue of (euro) 69 million last year and has 270 employees.

"AES has a reputation for providing high quality pathogen detection solutions and has enjoyed significant success in the commercialization of innovative new technologies by leveraging our extensive sales network, which extends across the EU," said Alain Le Roch, President of AES Laboratoire. "We look forward to marketing Warnex's Rapid Pathogen Detection System to our customers who place a premium on product safety and understand the value of a reliable, high speed testing platform."

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