BioSurplus Signs Exclusive BIOCOM Purchasing Group Agreement

SAN DIEGO, June 26 /PRNewswire/ -- BioSurplus Inc, a leading provider of pre-owned laboratory instruments and equipment management services, has been invited to join the BIOCOM Purchasing Group, giving BIOCOM members discounted access to BioSurplus' goods and services.

The Purchasing Group (PG) is designed to help BIOCOM members achieve the same purchasing economies of scale of large institutions by combining the volume of its member companies in a purchasing consortium that negotiates for set discounts with suppliers.

"BIOCOM PG's relationship with BioSurplus provides members with tremendous cost saving opportunities to buy or sell instruments as well as manage their equipment," says Tammy MacTaggart, Purchasing Group contracts manager. "We are excited to include a pre-owned equipment option to round out our current portfolio of twenty-four agreements available to BIOCOM members."

BioSurplus carries an extensive inventory of laboratory and process equipment, including manufacturer demos, refurbished instruments, and other pre-owned items. Located in the hub of the life science arena in San Diego, BioSurplus maintains a large warehouse facility and customer-friendly showroom.

BioSurplus' equipment management services fill an important niche in the dynamic biotech industry. "Whether a company is in the midst of a corporate merger, acquisition, upsizing, downsizing, or liquidation, our turnkey services eliminate equipment-related headaches while maximizing equipment value, control and accountability," says CEO Preston "Cinco" Plumb. "We look forward to building our relationship with BIOCOM and growing our presence in the San Diego life science community."

Using its proprietary Rational Asset Deployment and Disposition (RAD2) methodology, BioSurplus brings value throughout the entire equipment lifecycle. Services include inventorying, managing, valuing, redeploying, acquiring and reselling equipment.

BioSurplus is the leading provider of pre-owned laboratory instrument resale and equipment management services for biotechnology companies, colleges and universities. Services include management, valuation, liquidation, purchase and resale of pre-owned laboratory and manufacturing equipment. The company carries a wide range of high quality pre-owned, refurbished, demonstration and overstock equipment and instrumentation. For more information, please visit the company website: www.biosurplus.com .

BIOCOM is a premiere life science industry association representing nearly 500 member companies. The association focuses on initiatives that positively influence the growth of the life science industry, including capital formation, public policy, workforce development, and scientific discovery and development. For more information on BIOCOM or the San Diego regional life sciences community, please visit the organization's Web site at www.biocom.org or contact our offices at 858-455-0300.

BioSurplus Inc

CONTACT: Sue Prelozni of BioSurplus Inc, +1-858-550-0800, ext. 207

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