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Propel Labs and Chata Biosystems Enter into Partnership for Instrumentation Development and Sales Distribution in Asia Pacific.


9/11/2009 11:09:27 AM

Fort Collins, CO. (September 10, 2009) - Propel Labs, LLC. and Chata Biosystems, Inc. have entered into a strategic partnership which includes instrumentation development and distribution of Chata products in Asia Pacific. As part of this partnership Propel Labs will assist in developing the next generations of Chata’s award winning Chem+Mix™ instrumentation for increased automation and efficiency in the laboratory. Propel Labs will obtain a license to sell and distribute Chata’s products and services in the Asia Pacific region.

“Chata provides innovative quality solutions to improve efficiency, accuracy, reliability and safety in laboratories and plants around the world. This partnership with Propel Labs will assist in developing the next generation of our award winning Chem+Mix™ instrumentation technology and accelerates our products’ entrance into the Asia Pacific marketplace via Propel’s Axellerate Partners” according to Ted Ziemann, Chata’s Chairman and CEO.

“Propel Labs is committed to develop high value systems, technology and intellectual property for niche markets. This partnership with Chata reinforces our efforts to deliver robust, high quality bio-instrumentation” says Tidhar Sadeh, President of Propel Labs. “In addition, we are excited to expand our global presence developing innovative solutions for global healthcare industries and for sales and distribution of these products in the Asia Pacific region through Axellerate Partners. Axellerate is our exclusive partner in the region with offices in both the United States and China."

About Chata Biosystems

Chata Biosystems, Inc., a privately held company based in Fort Collins, Colorado, provides innovative, high quality laboratory instrumentation, HPLC mobile phases, tablet dissolution media, HPLC water, solvent blends and other liquid buffers in custom proprietary packaging for the life science industries including: biofuel, biotech, pharmaceutical and other cGMP manufacturers. Chata delivers high quality innovative solutions that improve efficiency, accuracy, reliability, and safety. For more information, visit www.chatabiosystems.com.

About Propel Labs

Propel Labs, LLC, based in Fort Collins, Colorado is a privately held bio-instrumentation development company with in-depth expertise in design and engineering in the life sciences marketplace. Propel Labs delivers rapid time to market bio-instrumentation systems to ensure maximum return on investment for their customers. For more information, visit www.propel-labs.com.

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