New PerkinElmer ICP-OES System Increases Productivity, Simplifies Demanding Metals Analysis; Optima 4300V Boosts Geochemical, Precious Metals and Oils Analyses.

Business Editors/High-Tech Writers

BOSTON--(BUSINESS WIRE)--Oct. 8, 2002

PerkinElmer, Inc. (NYSE: PKI), a global provider of analytical solutions, today announced the new Optima 4300V(TM) Inductively Coupled Plasma-Optical Emission Spectroscopy (ICP-OES) System for demanding analyses on difficult matrices such as oils/organics, precious metals and geochemical samples.

Based on PerkinElmer's state-of-the-art optical technology, the high-performance Optima 4300V ICP-OES can determine up to 72 elements in less than one minute, increasing laboratory efficiency.

"Labs working with these kinds of samples require both high throughput and accurate results from matrices that traditionally present very unique, specialized challenges," said Stephen P. DeFalco, president of PerkinElmer Instruments. "Our engineers designed the Optima 4300V specifically to meet the needs of these demanding users."

As the newest member of the world's best-selling family of ICP-OES instruments, the Optima 4300V System is a radial-view instrument with a vertical-torch configuration. Its innovative design reduces the need for torch maintenance and a trouble-free sample introduction system drastically reduces upkeep requirements for difficult sample types. In addition, the robust solid-state RF generator reduces operational costs by eliminating the need for consumable parts.

The Optima 4300V also meets the productivity needs of laboratories participating in routine, used-oils testing as well as standard ASTM (American Society for Testing and Materials) programs.

Factors Affecting Future Performance

This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that relate to prospective events or developments are deemed to be forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "will" and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by these forward-looking statements, including risks related to our debt levels, our ability to comply with the financial covenants contained in our credit agreements, a downturn in our customers' markets, our failure to introduce new products in a timely manner, risks related to our international operations, our inability to integrate acquired businesses into our existing business, competition and other factors which we describe under the caption "Forward-Looking Information and Factors Affecting Future Performance" in our quarterly report on Form 10-Q for the quarter ended June 30, 2002. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

PerkinElmer, Inc. is a global technology leader focused in three businesses - Life Sciences, Optoelectronics and Analytical Instruments. Combining operational excellence and technology expertise with an intimate understanding of our customers' needs, PerkinElmer creates innovative solutions - backed by unparalleled service and support - for customers in health sciences, communications and other markets whose applications demand precision and speed. The company operates in more than 125 countries, and is a component of the S&P 500 Index. Additional information is available through www.perkinelmer.com or 1-877-PKI-NYSE.