Biacore and Diffchamb discuss collaboration

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Biacore and Diffchamb discuss collaboration Biacore International AB and Diffchamb AB are discussing collaboration between the two companies with respect to marketing and product development in the area of food analysis. In this connection, a new share issue directed to Biacore of one million Diffchamb shares at SEK 27 per share is being discussed. If this issue is made, Biacore will become the largest shareowner in Diffchamb with approximately 36% of the total number of shares. Biacore currently holds 10.6% of the shares in Diffchamb. The new share issue is subject to approval by an extra shareholders' meeting in Diffchamb. For further information: Biacore: Lars-Göran Andrén, President and CEO, tel +46-708-54 02 34 Diffchamb: Jan-Olof Lundin, President, tel +46-31-58 32 70 Biacore is a global market leader in affinity-based biosensor technology. Target groups consist primarily of medical and life science research laboratories. However, expansion is being pursued in other areas, such as food analysis. Based in Uppsala, Sweden, the Company is listed on the Stockholm Stock Exchange and Nasdaq in the U.S. Diffchamb is a specialist in the area of rapid and cost efficient food diagnostics. Diffchamb's test kits are based on a unique proprietary immunochemical technology and are mainly addressing the detection of different food pathogen bacteria (Salmonella, E.coli etc.). Diffchamb is targeting the food diagnostic market and is selling the products globally via its own subsidiaries and through agents. The company is located in Gothenburg, Sweden, and is listed on SBI, Sweden. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/05/21/19990521BIT00410/bit0001.doc http://www.bit.se/bitonline/1999/05/21/19990521BIT00410/bit0002.pdf