DR AL KOLB DRIVES CHIP-MAN TECHNOLOGIES EXPANSION INTO USA MARKET Unique Cell-IQ “meets a real market need”

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November 14, Tampere, Finland: Following great success in Europe, Chip-Man Technologies Ltd., today announced that Dr Al Kolb, KeyTech Solutions, has been contracted as a consultant to assist in the introduction of the Cell-IQ® to the United States (US). He will also begin building a US base of operations. Dr Kolb, a well known and successful consultant on early drug discovery technologies, believes that Chip-Man and their Cell-IQ system will be very successful in the US. He said, “I have the opportunity to look at many companies and to evaluate new technologies. In my experience, Chip-Man and Cell-IQ both stand out”. He continued, “The management team of Chip-Man are knowledgeable and experienced with a good understanding of the market and their customers. The Cell-IQ is an excellent and unique product that meets a real market need. We are looking forward to a successful launch of Cell-IQ in the US and establishing Chip-Man as a premier cell imaging and analysis company."

Dr Al Kolb operates his own consulting company, KeyTech Solutions, which focuses on the identification, development and commercialization of drug discovery technologies. He is one of the founders of The Society for Biomolecular Sciences and currently serves as its President. He has worked for industry leaders such as Beckman and Packard (now PerkinElmer), and some of his projects have included the development of micro-plates and readers, assay technologies, as well as large scale automation systems. He also serves as a scientific advisor to corporations, in addition to working with universities and a variety of companies in the evaluation of drug discovery technologies. “Al is an excellent addition to our team” Chip-Man Technologies’ Chief Executive Officer Juha Korpinen explained. “His wealth of knowledge and understanding of the life science industry will help drive the CELL-IQ® into the US market.”

Cell-IQ represents a major breakthrough in cell analysis by enabling real time monitoring of all morphological and physiological changes in cell lines, primary cells, co-cultures and monolayer tissue models. The Cell-IQ software “learns” to recognize and record cellular change and to output these results as real time moving images and simple multi-parameter graphics.

Notes to editors

About Chip-Man Technologies

Chip-Man Technologies Ltd ( www.chipmantech.com ) a Finnish instrumentation company, manufacturing the continuous culturing and live cell imaging system Cell IQ®. The company is focused on the following markets – cell biology, functional genomics, drug discovery, in vitro fertilization and in vitro toxicology. Chip-Man Technologies has combined technology expertise with a well informed understanding of our customers' needs, to provide products and service solutions to research markets that require innovation, precision and reliability.

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Chip-Man Technologies Limited Juha Korpinen, CEO

Chip-Man Technologies Ltd, Biokatu 12, 33520 Tampere, Finland

Tel: + 358 10 759 5900 Fax: + 358 10 759 5930

Mobile: + 358 40 545 1883 Email: juha.korpinen@chipmantech.com

Media enquiries Nicki Muir, BSC (Hons)

Alto Marketing Limited

Tel: +44 (0)1489 557 672 Email: nickim@alto-marketing.com