Press Release
02/AES/91
June 14, 2002
 
AES Laboratoire Groupe Provides a Complete Range of Microbiological, Clinical & Veterinary Testing
Products & Services to US
Through New Subsidiary - AES – Chemunex Inc.

 
Princeton, NJ – June 14, 2002 – AES Laboratoire Groupe, France – a group of companies specializing in industrial microbiology, clinical and veterinary testing products and services – announces its direct expansion into the US market with the creation of AES – Chemunex Inc. This new subsidiary includes the rapid testing methods from Chemunex as a result of AES Laboratoire Groupe last year becoming the owner of Chemunex SA, a leader in rapid microbial detection systems. AES – Chemunex Inc. – which became official in May 2002 – will oversee the distribution of all AES Laboratoire Groupe product ranges in the US.

"This direct organization is an important part of our long-term international growth strategy, which includes making a major commitment to the US market and providing superior choices to corporations looking for a complete source of microbial testing products and equipment," explains Alain Le Roch, Chairman of AES Laboratoire Groupe. During the last fiscal year, Le Roch’s group employed over 280 people and made over $70 million in sales.

With the solid support of a financially strong parent company, AES – Chemunex Inc. will provide comprehensive microbial testing solutions from sample collection to final result for the pharmaceutical, food, cosmetics & personal care and drinking water industries. The new subsidiary will oversee the US distribution of all AES Laboratoire Groupe product ranges including reagents, traditional testing kits and innovative & rapid analyzers.

"We are very excited by the creation of AES – Chemunex Inc. and our new capability to directly serve our US customers and partners," confirms Philippe Delaunay, International Sales Manager for AES Laboratoire Groupe.

Chief Executive Officer of AES – Chemunex Inc. Pascal Yvon, Ph.D., adds, "We are committed to creating a full-service organization that completely supports our customers and enables them to immediately improve their productivity and profitability by simplifying test methods, reducing product release times and guaranteeing product quality with complete traceability of their test results."

Alain LE ROCH
AES Laboratoire Group
Chairman
Pascal YVON
AES – Chemunex, Inc.
Chief Executive Officer
 


AES Laboratoire Groupe
companies specialize in industrial microbiology, clinical and veterinary testing products and services. They provide a complete range of reagents and equipment for use in the total analysis process. AES Laboratoire Groupe employs over 280 people and has more than $33 million in shareholders’ equity. Shares of its AES Laboratoire Groupe entered the French Stock Exchange in 1998 and have been traded with great success. In the fiscal year ending March 31, 2002, the group made over $70 million in sales.

AES – Chemunex, Inc., is a subsidiary of AES Laboratoire Groupe. Headquartered in Princeton, NJ, it will oversee the distribution of all group product ranges in the US. This includes innovative and rapid microbiology testing methods, clinical and veterinary testing products and services. The company can meet all analytical testing needs from sample collection to the final result. Guaranteeing the accuracy of test results is its commitment.

- ends -
Pascal Yvon AES-Chemunex, Inc. (USA) Phone : 609-497-0166
Patty Murray Murray Communications (USA) Phone : 732-249-6493

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