BioStorage Technologies, Inc. Hires James M. Saponaro as Executive Vice President

INDIANAPOLIS, June 25 /PRNewswire/ -- BioStorage Technologies, Inc. (BST), a worldwide leader in short-term and long-term biomaterials storage, sample management and cold chain logistics, announces that James M. Saponaro, a long- time Cardinal Health executive, has joined BST as executive vice president. In this new role, Saponaro will oversee the company's sales and marketing, operations, information technology and business development functions.

Saponaro brings to BST more than 20 years of executive expertise driving the operations of diverse businesses within healthcare markets including pharmaceutical distribution, retail pharmacy franchising, capital equipment, surgical instruments, surgical implants, pharmaceuticals and nutritionals. He has spent the last 14 years in multiple executive positions in pharmacy distribution and retail pharmacy franchising and services for Cardinal Health, Inc., a global Fortune 17 healthcare company. Most recently, he was chief operating officer of Cardinal Health's retail franchise pharmacy division.

"Jim's experience in delivering on aggressive strategic plans and leading profitable, high-growth operations for various healthcare and life science organizations is a tremendous addition to the strong BioStorage Technologies team," said F. John Mills, M.D., Ph.D., BST's chairman and chief executive officer. "In addition, his entrepreneurial background and metrics-based methodologies uniquely positions him to help us maximize our global reach while ensuring we remain nimble enough to react to the ever-changing pharmaceutical and biotech marketplace."

Saponaro earned a Bachelor of Science in Business Administration from John Carroll University of Cleveland, Ohio, and graduated from the Executive Management Program at Stanford University in Stanford, Calif.

About BioStorage Technologies, Inc.

BioStorage Technologies (BST) is a worldwide leader in short-term and long-term biomaterials storage, sample management and cold chain logistics. The company serves global pharmaceutical and biotechnology developers and manufacturers; clinical research facilities; donor organizations; tissue, bone and blood banks; forensic laboratories; cord blood storage companies; universities; zoological and veterinarian treatment and research facilities; and healthcare and life sciences organizations.

The company offers its comprehensive biorepository solutions through a variety of scalable and flexible service models including outsourced sample storage and management at BST's state-of-the-art facilities and in-sourced sample storage and management on its clients' premises. BST provides its clients secure, temperature-controlled storage under ambient, refrigerated, ultra-low/ultra-cold and vapor phase nitrogen conditions (ranging from +20 to -190 degrees Celsius); real-time tracking of stored biological samples; and next-day return of biomaterials.

BST's competitive advantages include an industry-experienced leadership team; multiple purpose-built biorepository facilities; advanced, validated storage processes and technologies; compliance with Good Laboratory Practice (GLP), Good Manufacturing Practice (GMP) and Good Tissue Practice (GTP); and a proprietary, Title 21 CFR Part 11 sample inventory management system (ISISS(R)) designed specifically for compliant biomaterial storage, tracking and reporting.

BST is privately-held and headquartered in Indianapolis, Ind., with an additional full-service site in Frankfurt, Germany. For more information about the company, please visit http://www.biostorage.com or call +1 (866) 697-2675 or +49 615 582 4490.

MEDIA CONTACT: Becky Moore, APR Synergy Marketing Group, Inc. (317) 205-9690 ext. 226 becky@synergy-mg.com

BioStorage Technologies, Inc.

CONTACT: Becky Moore, APR of Synergy Marketing Group, Inc.,+1-317-205-9690 ext. 226, becky@synergy-mg.com

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