Bruker BioSciences Announces Departure of CFO Laura Francis.BILLERICA, Mass. -- Bruker BioSciences Corporation Bruker Biosciences Corporation is a Massachusetts-based company formed in 2003 which develops and manufactures scientific instrumentation for academic research and industrial use. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BRKR BRKR Breaker ) today announced that Laura Francis will leave the Company on September 1, 2004 to pursue other interests. Ms. Francis presently serves as Chief Financial Officer and Treasurer of Bruker BioSciences. It is intended that Ms. Francis will continue in her present position until September 1, 2004, working closely with 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. Frank Laukien, to ensure a smooth transition. The Company will commence a CFO See Chief Financial Officer. search with the goal to identify a high-quality successor to Ms. Francis to be based at its Massachusetts headquarters. Ms. Francis commented: "For personal reasons, I have decided to leave the Company to pursue other interests here in the Madison, Wisconsin area where I and my family reside. I am confident that Bruker BioSciences will do very well in the future, as it has a capable management team, and is well positioned for continued growth. I wish our management team and employees all the best in the future. Finally, I would like to thank the Board, the shareholders, and strategic partners for their trust and cooperation." Frank Laukien, Ph.D., President and CEO of Bruker BioSciences, stated: "On behalf of the Company, I would like to thank Laura for her significant contributions to Bruker BioSciences. She has been an excellent CFO of Bruker AXS, and later of the merged Bruker BioSciences Corporation. Her efforts were crucial in managing a successful merger, and in building a strong financial organization for the merged company. Personally, it has been a pleasure for me to work with Laura, and we all wish her the very best for her future endeavors." ABOUT BRUKER BIOSCIENCES Bruker BioSciences Corporation, headquartered in Billerica, Massachusetts, is the publicly traded parent company of Bruker AXS Inc. and Bruker Daltonics Inc. Bruker AXS is a leading developer and provider of life science and advanced materials research tools based on X-ray technology. Bruker Daltonics is a leading developer and provider of innovative life science tools based on mass spectrometry mass spectrometry or mass spectroscopy Analytic technique by which chemical substances are identified by sorting gaseous ions by mass using electric and magnetic fields. . For more information, please visit www.bruker-biosciences.com CAUTIONARY STATEMENT Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in 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. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's reorganization strategies, integration risks, failure of conditions, technological approaches, product development, market acceptance, cost and pricing of the Company's products, changes in governmental regulations, capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. and government funding policies, FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. and other regulatory approvals to the extent applicable, competition, the intellectual property of others, patent protection and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . These and other factors are identified and described in more detail in our filings with the SEC, including, without limitation, our respective annual reports on Form 10-K for the year ended December 31, 2003, our most recent quarterly reports on Form 10-Q, our current reports on Form 8-K and the joint proxy statement/prospectus filed in connection with the merger. We disclaim any intent or obligation to update these forward-looking statements. |
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