Alltech Associates, Inc. Ships New HPLC Instrument; Model 800 Evaporative Light Scattering Detector.Business Editors DEERFIELD, Ill.--(BUSINESS WIRE)--Feb. 7, 2003 Alltech Associates, Inc. ("Alltech"), the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Alltech International Holdings, Inc. ("AIH AIH American Institute of Homeopathy; artificial insemination by husband. AIH abbr. 1. artificial insemination performed by the husband 2. "), announced the shipment of its new Model 800 ELSD ELSD Evaporative Light Scattering Detector ELSD Electronic Limited Slip Differential (automotive) ELSD electronic limited slip device ELSD Electric Limited Slip Differential (Evaporative evaporative pertaining to evaporation. evaporative loss loss of body water by evaporation of water from the body to the air; a heat control mechanism and a factor in water balance studies. Light Scattering Detector), a high-pressure liquid chromatography chromatography (krō'mətŏg`rəfē), resolution of a chemical mixture into its component compounds by passing it through a system that retards each compound to a varying degree; a system capable of accomplishing this is called a ("HPLC HPLC high-performance liquid chromatography. HPLC high performance liquid chromatography. HPLC High-performance liquid chromatography Lab instrumentation A highly sensitive analytic method in which analytes are placed ") instrument. The Model 800 ELSD is used in conjunction with high-pressure liquid chromatography instrument systems to carry out chemical analysis. Typically, chromatography instrument detectors respond to specific physical-chemical attributes of the sample being analyzed, and may permit qualitative or quantitative determination of sample chemical composition. One of many important applications of the ELSD has been the chemical characterization of nutraceutical nu·tra·ceu·ti·cal n. A food or naturally occurring food supplement thought to have a beneficial effect on human health. nutraceutical extracts. The Model 800 ELSD sells for approximately $10,000. Rick Kurtz, Alltech President and COO, said: "The Model 800 ELSD represents our second instrument offering within this important market in as many years. It complements our very successful ELSD 2000 instrument, introduced in March 2000, and is intended to address the need for a lower cost, high-performance choice within a two-tier user market." He added: "While accurate figures are difficult to establish, it is believed that more than 100,000 HPLC instruments are in use around the world, and the HPLC market is thought to exceed $1 billion in sales annually. I believe that Alltech is clearly the leader within this specialty detector segment of the industry and this new addition confirms our leadership position." Alltech is a $42 million worldwide sales organization that specializes in chromatography. It manufactures and distributes an extensive range of consumables (columns, sample preparation tools, accessories) and instrumentation within the chromatography market. Last month, Alltech's parent company, AIH, became a public company after a merger with U.S. Consolidated Industries, Inc, an inactive public company. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statements containing words such as "believes," "should," "anticipates," plans," or "expects," as well as other statements, are forward-looking, and those statements involve risks and uncertainties outside of the control of Alltech are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. |
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