PVT GmbH of Waiblingen Germany, an internationally renowned developer of diagnostic laboratory systems, and BioReference Laboratories, Inc. (NASDAQ: BRLI), announced today an agreement for the installation of PVT’s RSA Pro system at the BioReference facilities in Elmwood Park, NJ. The ultra flexible Aliquoting System RSA Pro is designed to perform front-end and back-end tasks, including aliquoting, decapping, sorting and archiving functions. The modular concept allows customers to build a system for full scale automation. The system has been used successfully at clinical laboratories in Europe and, pursuant to the agreement, five units will be installed at BioReference during the first calendar of 2008. The RSA Pro system will be equipped to meet BRLI individual demand and sample flow.
BRLI is the largest independent regional laboratory in the northeast and a leading provider of diagnostic services in the New York Metropolitan area. In addition, BRLI is probably the largest provider of diagnostic services to the correctional healthcare industry throughout the nation. All routine work is provided at the Elmwood Park location and growth over the past year has been among the best in the industry. In addition to routine physician office services and correctional healthcare, BRLI is a national leader in the area of oncology through its GenPath division and DNA Sequencing through its GeneDx division.
Warren Erdmann, Sr. Vice President of Laboratory Operations, noted: “BioReference is constantly looking for ways to improve efficiencies throughout the laboratory and especially in the specimen processing department. During the past year we have seen an increase of nearly 50% in the number of specimens we handle each night and we expect growth to continue in the foreseeable future. The PVT RSA Pro processors will enable us to maintain and improve our service levels by significantly increasing our processing efficiency. The superior speed of the new units will improve our turnaround time and reduce costly errors. By reducing manual touches and shifting to efficient automation, we will be able to keep pace with our expected growth. We have purchased five units in order to assure the capacity and capability as we move forward.”
“We are proud to be part of the dynamic growth in the laboratory industry” said Hans van Mierlo, Sales Director at PVT. “BioReference has been among the fastest growing small companies in America for several years now and their laboratory facilities are among the most modern and best run in the world. This installation underlines our presence in the US markets. Our products are superior for large scale reference laboratories.”
About PVT:
PVT supplies products that improve the effectiveness of laboratories worldwide. With a keen appreciation of customer requirements the company has grown to be an internationally recognized innovator in the field of laboratory productivity. PVT provides solutions that enable laboratories to be even more efficient while maintaining quality and assurance.
About BioReference Laboratories, Inc.:
The Company is the largest independent regional clinical laboratory in the Northeast and has major market positions in physician offices, nursing homes and correctional institutions. The Company is a full service clinical laboratory with specialty capability, especially in the areas of genomics, oncology, correctional health, and complimentary medicine. PSIMedica, a business unit of the Company, is a clinical knowledge management (CKM) organization offering an array of information solutions for reducing healthcare costs and improving quality performance that are based on a flexible, scalable software analytical engine that utilizes all available source information, including claims data, enrollment data, prescription data and laboratory data. The Company provides a comprehensive connectivity solution to physicians as well as other laboratories, which includes laboratory reporting and ordering, as well as laboratory to physician communications and cumulative reporting, through CareEvolve, its web-based healthcare portal.