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Mediatech, Inc. Purchases Land For New Building In Innovation@ Prince William


10/19/2005 5:12:29 PM

HERNDON, Va., Sept. 21 /PRNewswire/ -- Mediatech, Inc., a market leader in cell culture and bioprocess systems, purchased 10 acres of land in Prince William County on which their brand new 100,000 square foot facility will be built. In August 2004, Governor Warner (VA) announced that the state and county would provide cash grants and other incentives in the range of 1.4MM to Mediatech to relocate to Innovation@ Prince William Technology Park.

President Jim DeOlden and Executive Vice President John Elliot are continuing to work on the layout of Mediatech's new corporate headquarters and manufacturing operation. This facility will integrate state-of-the-art systems and innovative technology with emphasis on their unique filling process that provides higher sterility assurance levels than all others in the industry. The manufacturing plant will also have separate production lines for animal and non-animal products. Mediatech will join other biotechnology and technology companies, including Eli Lilly and Company, ATCC and George Mason University's National Center for Biodefense, at their new location.

Sheer Partners, Inc., based out of their McLean, Virginia office, is guiding the building program. In collaboration with the Virginia Economic Development Partnership and the Prince William County Department of Economic Development, Sheer Partners is helping to ensure Mediatech's transition to Innovation@ Prince William is seamless.

About Mediatech, Inc.

Mediatech was named Virginia Biotechnology Association Company of the Year for 2004. Now in its 21st year, Mediatech manufactures and supplies cell culture and molecular biology reagents to biopharmaceutical, academic and government research facilities, as well as biotechnology companies. This diverse portfolio includes cell culture media, salt solutions, antibiotics, sera, and bioprocess collection containers. Over the last 10 years the growth rate of Mediatech has exceeded forecasts and the company is achieving a seven- fold increase in size. In addition to following current Good Manufacturing Processes (cGMP) and complying with FDA Guidelines for Class I Medical Devices, Mediatech was recently certified under ISO 13485:2003. For more information visit http://www.cellgro.com.

Contact: Lauren Supko, Marketing Associate, Mediatech, Inc. 703-471-5955 or lsupko@cellgro.com.

Mediatech, Inc.

CONTACT: Lauren Supko, Marketing Associate of Mediatech, Inc.,+1-703-471-5955, lsupko@cellgro.com



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