Vitrolife announces the interim report in advance
VITROLIFE ANNOUNCES THE INTERIM REPORT IN ADVANCE THE BOARD OF DIRECTORS OF VITROLIFE AB (PUBL) HAS DECIDED TO ADVANCE THE ANNOUNCEMENT OF THE INTERIM REPORT. THE REPORT PREVIOUSLY ANNOUNCED FOR THE 24TH OF AUGUST, 2001 WILL NOW BE ANNOUNCED ON THE 20TH OF AUGUST, 2001. Göteborg 15th of August 2001. Vitrolife AB (publ) For further information, please contact: Vitrolife: President and CEO Dr. Peter Svalander, tel +46-31-721 80 01 CFO Stefan Jacobsson, tel +46-31-721 80 10 Vitrolife Vitrolife's business mission is to develop, produce and sell advanced products and systems for the preparation, cultivation, preservation and support of cells, tissues and organs. Vitrolife intends to further expand the Company's production capacity to meet an expected increase in demand for its products, as well as strengthen its global market position as a leading company in the development of innovative cell and tissue technologies. Vitrolife believes that the number of procedures performed annually involving tissue and cell technologies will increase as new treatments are introduced and existing treatments are improved. In addition, Vitrolife expects that the regulation surrounding approval processes and quality control for its products will increase. Vitrolife aims to create competitive advantages from this regulation by meeting and exceeding expected future demands of regulatory authorities, ahead of the Company's competitors. Since it commenced its operations in 1993, Vitrolife has expanded rapidly. The Company currently has over 80 employees and sells its products in over 70 countries. During the latest five-year period, sales have increased by an average of 33 percent and totalled more than SEK 82 million for the fiscal year 2000. The Vitrolife share is listed on the Stockholm Exchange (Stockholmsbörsen) O-list under the ticker VITR. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/15/20010815BIT00560/bit0002.doc http://www.waymaker.net/bitonline/2001/08/15/20010815BIT00560/bit0002.pdf