BOSTON--(BUSINESS WIRE)--March 21, 2005--PerkinElmer, Inc. (NYSE: PKI), today announced that certain Executive Officers are participating in a pre-arranged stock trading plan to facilitate the orderly liquidation of stock options expiring in February 2006. The stock options were awarded to Robert F. Friel, Executive Vice-President and Chief Financial Officer, and Richard F. Walsh, Senior Vice President of Human Resources in 1999 as long-term incentives. The stock sale plans were established in accordance with the Securities and Exchange Commission Rule 10b5-1. Rule 10b5-1 facilitates the ability of directors and officers of public companies with a systematic method of obtaining liquidity in their securities holdings, while minimizing potential disruption to the financial markets by spreading stock sales over a defined period of time. A 10b5-1 plan may only be adopted when the Company is outside of a blackout period and when the individual is not in possession of material non-public information.
