Thermo LabSystems Announces Growth in '99 Results
Over the same period, the company's income before taxes has increased by 46.9% from US$6.4m to US$9.4m. The number of professionals employed to develop, market, install, and support the company's systems has more than doubled in a four year period, from 114 in 1996* to 250 at the end of 1999. This is accounted for by more than 50 new staff appointments in 1999 alone.
LabSystems develops laboratory information management systems (LIMS) and chromatography data systems for laboratories in both manufacturing and R&D environments. To date, the company has installed over 890 LIMS and 25,000 channels of chromatography data systems worldwide. These systems facilitate the monitoring and analysis of laboratory samples, as well as the organization and storage of data, to meet stringent regulatory standards. LabSystems is the only LIMS supplier to publish such financial information.
As the market leader**, LabSystems provides solutions for a significant number of companies within the Fortune 500. Industries served include pharmaceutical, oil and gas, chemical, food and beverage, environmental, and forensic. Before being acquired by Thermo, LabSystems was owned by the Fisons Instruments division of Fisons PLC, and prior to that formed part of the VG Instruments Group. The company was originally founded as VG Laboratory Systems in 1982. Today LabSystems is the Information Management Systems segment of Thermo BioAnalysis Corporation.
For information on the way LabSystems can transform your laboratory, and a free of charge demonstration CD-ROM, call free on +44 (0)800 0185227 (UK), 888-888-8173 (US), e-mail info@labsystems.com or contact your local office.
* 1996 figures relate to the period March 29th—December 31st 1996 only.
** Source The European LIMS End User Survey, Dec 1998. Strategic Directions International.