EUROGENTEC HAS ACQUIRED WITA PROTEOMICS

On the 18th of December, Eurogentec acquired the entire business of WITA Proteomics, a company specialised in proteomic services, based in Berlin (Germany).

Sart-Tilman, December 19, 2002 - On the 18th of December, Eurogentec acquired the entire business of WITA Proteomics, a company specialised in proteomic services, based in Berlin (Germany).

For more than 2 years, WITA Proteomics AG, has been proposing to the research community a wide range of services. These services include high resolution 2D gel electrophoresis, protein identification by Mass Spectrometry methods and sequencing. The company also proposes more complex services for protein characterisation and identification. Since its creation, WITA Proteomics AG has signed several contracts with the pharmaceutical and biotech industries, and has acquired innovative intellectual properties in the field of protein separation.
"The recognised know-how and the unique expertise of WITA Proteomics AG complement ideally our developments in proteomics. In conjunction with our new protein array platform, WITA Proteomics technology will enable us to propose an integrated solution to our customers", stated Dr. Proess Proteomic Business Unit Manager at Eurogentec.

About Eurogentec

Eurogentec s.a. supplies tools and services to the R&D community (pharmaceutical industries and academic laboratories). As a leading supplier for genomic and proteomic research, Eurogentec offers its customers integrated solutions. It also offers research and development services for the biopharmaceutical industry.
Eurogentec was founded in 1985 as a spin-off of the University of Liège (Belgium). Its headquarters are located in the Sart Tilman Science Park (Liege). The Company also has subsidiaries in France, Germany, the UK, the Netherlands and a branch office in Switzerland. In 1999 Eurogentec acquired Oswel Research Products in Southampton. In August 2001, the company made another strategic step with the incorporation of the joint venture Nippon EGT in Japan. Last but not least, Eurogentec opened a North American office in Philadelphia this May.
EGT Group currently employs 260 people, including 30 PhDs. Revenues grew from € 7 million in 1995 to € 25,8 million in 2001/2002 with a € 3.5 million EBITDA.

For further information:

EUROGENTEC s.a.
Jean-Pierre Delwart, Managing Director
Aurélie Dewandre, Communication Officer
Parc Scientifique du Sart Tilman - 4102 Seraing, Belgium
Tel: +32 (0)4 366 61 00 -- Fax: +32 (0)4 365 16 04
e-mail:    j.p.delwart@eurogentec.com - au.dewandre@eurogentec.com
www.eurogentec.com

WITA Proteomics AG
Warthestrasse 21 - D-14513 Teltow/Berlin, Germany
Tel: +49 3328 3508 61 - Fax: +49 3328 3508 60
e-mail: info@wita-proteomics.com
www.wita-proteomics.com