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BioSource Appoints New President and Chief Executive Officer.


Business Editors

CAMARILLO, Calif.--(BUSINESS WIRE)--Sept. 26, 2001

BioSource International Inc. (Nasdaq:BIOI) today announced the appointment of Leonard M. Hendrickson as president and chief executive officer of the Camarillo-based biotechnology company.

Hendrickson has been a director of BioSource since 1993 and is currently the president and director of Isotope Products Laboratories, a subsidiary of Eckert & Ziegler AG, a German biomedical bi·o·med·i·cal
adj.
1. Of or relating to biomedicine.

2. Of, relating to, or involving biological, medical, and physical sciences.
 company whose shares are publicly traded on the Frankfurt NeuerMarkt in Germany.

Hendrickson replaces James H. Chamberlain, the founder and former president and chief executive officer of the company, who returned from retirement last May to serve as interim 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. . Hendrickson will continue to serve as a director of the company.

"We are very excited to have Len on board leading BioSource as its CEO," stated Jean-Pierre Conte, the company's interim chairman. "Len has the unique skill set we feel is necessary to carry out our new strategies and to position BioSource for the future. Although we conducted an extensive search to fill the position, Len was a leading candidate from the start."

"This is an exciting opportunity for me," Hendrickson said. "BioSource is a dynamic biotechnology company wonderfully positioned to play a significant role in the burgeoning genomic and proteomic marketplace. My first job will be to strategically position the company for accelerated top-line growth. I look forward to working with the management team to increase the growth rate of BioSource and gain a larger share of our marketplace."

Hendrickson has served in his present role as president and director of Isotope Products Laboratories since 1992. From 1990 to 1992, Hendrickson was the principal consultant for Microchemics, a marketing and business development consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 that he founded. He also held several management positions with Amersham Pharmacia Biotech, a major provider of biotechnology systems, products and services.

Hendrickson holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in chemical engineering from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli.

http://upenn.edu/.

Address: Philadelphia, PA, USA.
 and a master of business administration degree from American University American University, at Washington, D.C.; United Methodist; founded by Bishop J. F. Hurst, chartered 1893, opened in 1914. It was at first a graduate school; an undergraduate college was opened in 1925. Programs provide for student research at many government institutions.  in Washington, D.C.

Hendrickson will begin his employment on Oct. 15, 2001. Chamberlain will continue in his interim CEO role up to Hendrickson's hire date. Conte will continue as the company's interim chairman.

BioSource International Inc. is a broad-based life sciences company focused on providing integrated solutions in the areas of functional genomics Noun 1. functional genomics - the branch of genomics that determines the biological function of the genes and their products
genomics - the branch of genetics that studies organisms in terms of their genomes (their full DNA sequences)
, proteomics and drug discovery through the development, manufacturing, marketing and distribution of unique biologically active reagent reagent /re·a·gent/ (re-a´jent) a substance used to produce a chemical reaction so as to detect, measure, produce, etc., other substances.

re·a·gent
n.
 systems that facilitate, enable and accelerate pharmaceutical development and biomedical research Biomedical research (or experimental medicine), in general simply known as medical research, is the basic research or applied research conducted to aid the body of knowledge in the field of medicine. .

This news release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, the company claims 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.
 for "forward- looking statements" within the meaning 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. Factors that could cause actual results to differ and vary materially from expectations include but are not limited to the company's ability to expand its product offerings and any transition to new products, product quality and availability, any change in business conditions, changes in the company's sales strategy and product development plans, competitive pricing pressures, continued market acceptance of the company's products, name recognition of the company's products, delays in the development of new technology, intellectual property and proprietary rights may not be valid or infringe the rights of others, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in the company's filings with the Securities and Exchange Commission. These cautionary statements by the company should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by the company. The company cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the 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.
 or other statements. In addition, readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "anticipates," "intends," "targets," "projections" or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. The company does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 26, 2001
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