SOURCE:    Bio-Quant, Inc.

BIO-QUANT, INC. RELOCATES HEADQUARTERS TO SAN DIEGO. New Site Features State-of-the-Art Manufacturing Facility and Corporate Offices.

     SAN DIEGO, CALIFORNIA, March 27 --Bio-Quant, Inc., a multiplex detection company with several technology platforms in diagnostics, announced today that it has relocated its headquarters from Hilton Head, South Carolina, to a new purpose-built facility in San Diego, California.

      The new location features a state-of-the-art manufacturing facility that can accommodate the growing demand for Bio-Quant’s diagnostic kits. It will also house the company’s corporate offices.

   "Our new facility provides us with the means to further expand our customer projects as well as our internal ones," said Bassam B. Damaj, Ph.D., President and CEO of Bio-Quant. "It allows the production of up to 2,400 units a day."

     The location represents an opportunity for Bio-Quant to custom configure its manufacturing facilities for a more efficient use of space. The new manufacturing facilities are expected to be ready and certified by the summer of 2001.

About Bio-Quant, Inc.

     Bio-Quant’s strength is its cutting-edge Multiplex Detection Technology-the ability to test both qualitatively and quantitatively more than one disease marker at the same time in either blood or tissue samples. Its current efforts are focused primarily on developing and validating four diagnostic kits in the areas of inflammation, autoimmunity and immune function. It serves pharmaceutical companies, biotechnology companies, clinical research centers, diagnostic laboratories and hospitals. More information is available at
www.bio-quant.com
.


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