Ciphergen Announces Services Alliance with GE Medical Systems In China

19-Dec-2003

Ciphergen Biosystems, Inc. announced that it has appointed GE Medical Systems Trade and Development Co., Ltd. as its exclusive post-sale services partner for ProteinChip(R) Systems to hospitals in China, Hong Kong and Taiwan. Ciphergen and GE Medical Systems have been working together in China on an informal basis over the last year and have now established a formal, multi-year services agreement. Financial and other terms of the agreement were not disclosed.

"GE Medical Systems has a major presence and stellar reputation in China, and therefore we are delighted to have them as our services partner in China," commented William E. Rich, President and CEO of Ciphergen. "China is investing heavily in leading edge biotechnology research and we hope to jointly play a significant role in fostering the adoption of our ProteinChip products as research and diagnostic platforms in this important market."

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