BioReference Laboratories to Ring the NASDAQ Stock Market Closing Bell in New York.ELMWOOD PARK Elmwood Park, village (1990 pop. 23,206), Cook co., NE Ill., a suburb of Chicago; inc. 1914. It is chiefly residential. , N.J. -- BioReference Laboratories, Inc (Nasdaq:BRLI BRLI Bio Rad Laboratories Inc ) announced today that Marc D. Grodman, M.D., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. will ring the NASDAQ closing bell on Thursday, December 14, 2006. Dr. Marc Grodman will be joined by other members of the BioReference Laboratories management team as well as the Company's Board of Directors. The ceremony will take place at the NASDAQ MarketSite NASDAQ MarketSite (or simply MarketSite) is the physical presence of the NASDAQ stock market. Located in Times Square in New York City, it occupies the bottom of the Condé Nast Building, located at 4 Times Square. at 4 Times Square New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY at 4:00 p.m. 2006 represents the 20th year since BioReference Laboratories commenced trading on the NASDAQ Market. Effective July 2006, the NASDAQ National Market was renamed the NASDAQ Global Market and BioReference was listed on the NASDAQ Global Select Market, a tier of the NASDAQ Global Market with the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Marc D. Grodman M.D., CEO stated, "BioReference Laboratories is a NASDAQ-bred company. Starting over 20 years ago, we have grown from fewer than ten employees and a few hundred thousand dollars in annual revenue. Revenue has increased a thousand fold and we now have more than 1,400 employees in thirty states around the country. It has been the hard work and dedication of those employees and their predecessors that have propelled BioReference to success. We have a great Board and what I believe to be the best management team in the industry; together we have built a business that is a great place for us to work and a valuable asset in the portfolios of our shareholders. It is a great honor for us to mark our 20th year on the NASDAQ by ringing the closing bell on December 14th." The NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. rings the closing bell at 4 p.m. and the ceremony will be available for viewing through NASDAQ's web cam at http://www.nasdaq.com/reference/marketsite_about.stm to watch the ceremony; beginning at 3:45 p.m. Viewers can scroll to the bottom of the page to access the MarketSite Live Web cam link. Windows Media Player Digital jukebox software for Windows from Microsoft that plays a variety of audio, video and streaming formats including MP3, WMA, CD audio and MIDI. Starting with Version 6.2 in 1999, the Windows Media Rights Manager was added for securing copyrighted content. is necessary to view the web cam. About BioReference Laboratories, Inc. The Company is the largest independent regional clinical laboratory in the Northeast and has major market positions in physician offices, nursing homes and correctional institutions. The Company is a full service clinical laboratory with specialty capability, especially in the areas of genomics, oncology, correctional health, and complimentary medicine. PSIMedica, a business unit of the Company, is a clinical knowledge management (CKM CKM Cabibbo-Kobayashi-Maskawa (quark mixing matrix) CKM Certified Knowledge Manager (trademark of Hudson Associates Consulting, Inc. ) organization offering an array of information solutions for reducing healthcare costs and improving quality performance that are based on a flexible, scalable software analytical engine that utilizes all available source information, including claims data, enrollment data, prescription data and laboratory data. The Company provides a comprehensive connectivity solution to physicians as well as other laboratories, which includes laboratory reporting and ordering, as well as laboratory to physician communications and cumulative reporting, through CareEvolve, its web-based healthcare portal. Statements included in this release that are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements". Statements looking forward in time are included in this release pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to be materially different from any future performance suggested herein. www.bioreference.com |
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