CHATSWORTH, Calif.--(BUSINESS WIRE)--April 5, 2006--IRIS International, Inc. (NASDAQ: IRIS - News) President and Chief Executive Officer Cesar Garcia said during a conference call with members of the investment community today that the $10.1 million acquisition of Leucadia Technologies, Inc., is expected to have a $0.06 per diluted share effect on the Company’s 2006 earnings. This includes an incremental increase in research and development investment to approximately 13% of revenue and share dilution related to the acquisition. As a result, the Company is anticipating operating income margin of approximately 16% and earnings of approximately $0.45 per diluted share, which includes anticipated additional expenditures in infrastructure to support future growth. This guidance excludes the effect of SFAS 123R non-cash expense for stock-based compensation. The Company reaffirms its 2006 revenue guidance of $72 - $76 million.
