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Life Science Company Calbiotech Expands Holdings with Moduline Systems

SAN DIEGO, Dec. 10, 2013 -- Calbiotech is proud to announce it recently expanded its holdings by acquiring Moduline Systems, a microplate-dispensing and vial-filling equipment manufacturer.  Moduline Systems will become a business unit of Calbiotech, which made the acquisition in an effort to grow the business and expand product offerings.

Calbiotech custom-develops and manufactures immunoassay products used by major reference labs, universities and research centers around the world. Moduline Systems has been a partner of Calbiotech since 1998, working closely to innovate and implement efficient and high quality laboratory automation systems.

"After working closely with Moduline Systems for 15 years, a great relationship was forged between our organizations that led to this merger," said Calbiotech Vice PresidentDavid Barka. "As we grow and expand, we will be adding resources to ensure continued excellence in product quality, value, and customer service."

Calbiotech and Moduline Systems will operate independently while under the same umbrella and leadership. The team who founded Moduline Systems has been retained to ensure continuity while under new management.

Calbiotech has grown its holdings in recent years, which now include Moduline Systems and Calbiotech Veterinary Diagnostics, formed after Calbiotech acquired the veterinary diagnostics division of Meridian Life Sciences, Inc.

"As we make strategic acquisitions and diversify Calbiotech holdings, there is tremendous carryover knowledge from the industry segments we have brought together, leading to innovations that ultimately benefit both our customers and our industry," said Barka.

About Moduline Systems
Moduline Systems Inc. is based inSacramento, CA, and has manufactured microplate-dispensing and vial-filling equipment for the IVD industry and researchers since 1994. For more information, please visitwww.modulinesystems.com.

About Calbiotech
Calbiotech, Inc. is aSan Diego-based company established in 1997. It specializes in ELISA and Ultrasensitive CLIA assays, featuring more than 200 ready-to-use serum, saliva and research animal ELISA kits.