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Cambridge Biotech Serum Western Blot Update; Adaltis U.S. Inc. Grows Their Customer Base for Calypte Product.


Business Editors/Health/Medical Writers

ALAMEDA, Calif.--(BUSINESS WIRE)--April 10, 2003

Calypte Biomedical bi·o·med·i·cal
adj.
1. Of or relating to biomedicine.

2. Of, relating to, or involving biological, medical, and physical sciences.
 Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CALY), the developer and marketer of the only two 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.
 approved HIV-1 antibody tests that can be used on urine samples, as well as an FDA approved serum HIV-1 antibody Western blot Western blot
A technique developed in 1979 that is used to confirm ELISA results. HIV antigen is purified by electrophoresis and attached by blotting to a nylon or nitrocellulose filter.
 supplemental test, said today that its decision to establish a distribution relationship with Adaltis U.S. Inc. has opened up new markets for its Cambridge Biotech serum Western blot product, without negatively impacting the Company's direct customers.

Richard Eckloff, Vice President and General Manager, Adaltis U.S. Inc., stated, "Nine months ago we welcomed the opportunity to represent Calypte's serum Western blot product. Today we believe that this was a sound business decision, and we remain committed to continuing to grow this business.

"We are able to offer an established product with an excellent reputation in a category with only one other competitor and have found that many customers and potential accounts consider the quality of the product to be a gold standard. That quality message along with the promise of guaranteed delivery has allowed us to capture in excess of 30 accounts. Also, we have well over 50 prospective accounts and are in discussions with several national reference labs," Eckloff added.

"We are committed to the serum Western blot business and are pleased with the outlook presented by Adaltis," said Nancy Katz, 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.  for Calypte. "We believe that the guaranteed delivery message used by Adaltis is meaningful to customers since we know that this industry has historically been plagued with extensive backorders. Calypte has established an excellent track record with Adaltis by providing on time delivery of 100% of Adaltis' scheduled orders and we have accomplished this without impacting our direct customers."

Adaltis U.S. Inc. actively distributes and markets the Cambridge Biotech serum Western blot kit via marketing and promotion programs and their sales organization.

About Adaltis U.S. Inc.

Adaltis is an international privately held diagnostic group of companies that develop, manufacture and distribute diagnostic products in select markets. Adaltis U.S. Inc. provides specialized diagnostic products through its direct sales and support organization maintaining a high quality standard of products and services it offers. Adaltis U.S. Inc. is headquartered in Allentown, Pennsylvania.

About Calypte Biomedical

Calypte Biomedical Corporation, headquartered in Alameda, California Alameda is a city in Alameda County, California, United States. It is located on a small island of the same name next to Oakland, California in the San Francisco Bay. An additional part of the city is Bay Farm Island, which is adjacent to the Oakland International Airport. , is a public healthcare company dedicated to the development and commercialization of urine-based diagnostic products and services for Human Immunodeficiency Virus human immunodeficiency virus
n.
HIV.


Human immunodeficiency virus (HIV)
A transmissible retrovirus that causes AIDS in humans.
 Type 1 (HIV-1), sexually transmitted diseases Sexually transmitted diseases

Infections that are acquired and transmitted by sexual contact. Although virtually any infection may be transmitted during intimate contact, the term sexually transmitted disease is restricted to conditions that are largely
 and other infectious diseases. Calypte's tests include the screening EIA (Electronic Industries Alliance, Arlington, VA, www.eia.org) A membership organization founded in 1924 as the Radio Manufacturing Association. It sets standards for consumer products and electronic components.  and supplemental Western Blot tests Western blot test
n.
A serum electrophoretic analysis used to identify proteins.
, the only two FDA-approved HIV-1 antibody tests that can be used on urine samples. The company believes that accurate, non-invasive urine-based testing methods for HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States.  and other infectious diseases may make important contributions to public health by helping to foster an environment in which testing may be done safely, economically, and painlessly. Calypte markets its products in countries worldwide through international distributors and strategic partners. Current product labeling including specific product performance claims can be found on our website at www.calypte.com.

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results and presentations by the Company. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our product and testing service in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2002 and its subsequent filings with the SEC.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 10, 2003
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