RisingStar

Press Release

TeleChem receives the Rising Star Award!

Sunnyvale, CA, Nov 14, 2002 – The city of Sunnyvale, California honors TeleChem International, Inc. with the Silicon Valley “Rising Star Award” in 2002.

The Rising Star list included an elite group of Silicon Valley businesses selected by the Silicon Valley Business Journal, Deloitte & Touche, and Inc. Magazine for outstanding growth and profitability. This year’s list included TeleChem International, Inc., as well as Ariba, Blue Pumpkin Software, Broadmedia, Cepheid, Interwoven, and OmniVision Technologies.

The award luncheon was co-sponsored by the Chamber of Commerce for the City of Sunnyvale, and Sunnyvale Mayor Fred Fowler presented the awards.

TeleChem International, Inc. was one of only two biotechnology companies on the elite Rising Star list in 2002, providing yet another sign of the company’s strong management and sound fiscal policy in the midst of a slowdown in the high technology sector. The company continues to excel and expand through innovation and by providing superior technology and services in the biotechnology, industrial chemicals, and medical diagnostics markets.

Todd Martinsky, Vice-President of TeleChem International, Inc. said, "We were delighted to meet Mayor Fowler and to be recognized in this way for our achievements. Our team has worked very hard and it is nice to have the support of the City of Sunnyvale as we expand our diversified business in Silicon Valley.”

About TeleChem International, Inc.
TeleChem is a diversified business organized into three corporate divisions: Life Sciences, Chemicals, and Diagnostics. The Life Sciences ArrayIt® Division provides a complete line of products and services for the microarray industry, a high-tech sector that uses tiny glass “chips” to explore the human genome. Microarray technology is speeding disease analysis, drug discovery, and crop plant development. The microarray products are sold under the ArrayIt® brand name, and include key patents (e.g. US 6,101,946) that protect the company’s core microarray manufacturing technology used in more than 10,000 corporate and university laboratories worldwide. The Chemicals Division provides import and export services and government contract work in the area of industrial chemicals including raw materials for plastics, water-soluble fertilizers, and cleaning compounds. The Chemicals Division enjoys expanding sales and profits, and provides financial support for research and development. The Diagnostics Division NGS-ArrayIt, Inc. has key patent filings in the areas of genotyping and medical diagnostics, and provides its tools and technologies to public health laboratories and other agencies involved in human disease analysis. NGS-ArrayIt plans to launch a new line of disease tests for sickle cell anemia, cystic fibrosis, hereditary hearing loss and other treatable diseases in the near future.

Media Contact
Paul Haje
Director of Public Relations
408-744-1331
Email paul@ArrayIt.com