New Brunswick Scientific Announces Voting Result of Special Meeting of Shareholders
21 September 2007 - 6:02AM
PR Newswire (US)
EDISON, N.J., Sept. 20 /PRNewswire-FirstCall/ -- New Brunswick
Scientific Co., Inc. (NBS) (NASDAQ:NBSC), today announced the
voting results from the special meeting of shareholders held today
to approve the previously announced Agreement and Plan of Merger,
dated as of July 10, 2007, by and among Eppendorf Incorporated, a
Delaware corporation, Edison Merger Corp., a New Jersey corporation
and a wholly-owned subsidiary of Eppendorf Incorporated and NBS.
Over 99.5% of the shareholders present or represented by proxy
voted for the adoption of the merger agreement. The votes cast
represented the affirmative vote of holders of approximately 74.4%
of the issued and outstanding shares of common stock of NBS. NBS
expects the closing of the transaction, which is subject to
customary closing conditions, to occur shortly. Upon completion of
the merger, NBS will cease to be a publicly traded company. About
New Brunswick Scientific New Brunswick Scientific Co., Inc., is a
leading global innovator providing a comprehensive line of
equipment and instrumentation for the life science industry. The
Company's products are used in the creation, maintenance and
control of physical and biochemical environments required for the
growth, detection and storage of microorganisms for medical,
biological and chemical applications, environmental research and
commercial products. Established in 1946, the Company is
headquartered in Edison, New Jersey, with sales and distribution
facilities located in the United States, Europe and Asia. News
releases and other information on the Company are available on the
Internet at: http://www.nbsc.com/ About Eppendorf Eppendorf is a
global leader in laboratory equipment and associated consumables.
Eppendorf products include liquid handling and centrifugation
equipment products including related consumables as well as
instruments and systems for PCR, cell technology and micro arrays
that are used by researchers in life science, drug discovery,
clinical, environmental and industrial laboratories. Founded in
1945, Eppendorf, a privately-held company headquartered in Hamburg,
Germany, has revenues of more than $400 million, and employs
approximately 2,000 people in over 20 countries. News releases and
other information on Eppendorf are available on the Internet at:
http://www.eppendorf.com/ This press release contains
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward- looking
statements may be identified by words such as "expects,"
"anticipates," "intends," "plans," "believes," "seeks,"
"estimates," "will" or words of similar meaning and include, but
are not limited to, statements about the expected future business
and financial performance of the Company. The forward-looking
statements include a number of risks and uncertainties, which are
detailed in Part I, Item 1A, "Risk Factors" of the Company's Annual
Reports on Form 10-K, and other risk factors identified herein or
from time to time in its periodic filings with the Securities and
Exchange Commission. Forward-looking statements are based on
management's current expectations and assumptions, which are
inherently subject to uncertainties, risks and changes in
circumstances that are difficult to predict. Actual outcomes and
results may differ materially from these expectations and
assumptions due to changes in our ability to consummate the planned
merger with Eppendorf Incorporated, global political, economic,
business, competitive, market, regulatory and other factors. The
Company undertakes no obligation to publicly update or review any
forward-looking information, whether as a result of new
information, future developments or otherwise. DATASOURCE: New
Brunswick Scientific Co., Inc. CONTACT: Thomas Bocchino, Vice
President, Finance and Treasurer of New Brunswick Scientific Co.,
Inc., +1-732-650-2500, ; or Matthew J. Dennis, CFA, NBS Investor
Relations of Clear Perspective Group, LLC, +1-732-226-3030, Web
site: http://www.nbsc.com/
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