October 15, 2008

American Heart Association recognizes Purdue Research Park-based firm as a 'Fit-Friendly Company'

"This recognition from the American Heart Association is a tribute to Quadraspec's commitment to work-life balance," said Dick Aderman, the company's president and COO. "The Purdue Research Park makes amenities such as walking trails, a fitness center and other healthy lifestyle facilities and services available to all firms located here. These amenities have fostered an even higher quality of life for Quadraspec employees, which leads to greater job satisfaction and productivity."

Quadraspec received the Gold Level distinction from the American Heart Association. Criteria for the award include:

* Providing physical activity support to employees.
* Increasing the number of options for healthy eating.
* Promoting a culture that values employee wellness.
* Implementing other activities related to company culture, nutrition and physical activity.

According to the American Heart Association, benefits to companies that promote employee fitness include lowered absenteeism, reduced employee turnover, lowered health-care costs and increased productivity.

About Quadraspec, Inc.

Quadraspec is changing the face of diagnostic medicine. Quadraspec's patented SDI™ label-free detection technology permits the rapid analysis of up to 100 unique tests on up to 1,000 unique patients per hour. Quadraspec's fully integrated, multiplex-capable diagnostics platform enables high throughput, label-free, highly sensitive bioassays and diagnostics. With market disruptive costs to researchers and laboratories and applications from discovery through development, Quadraspec aims to become the next generation gold standard diagnostics platform.

About the American Heart Association

The American Heart Association is a national voluntary health agency whose mission is: "Building healthier lives, free of cardiovascular diseases and stroke."

About Purdue Research Park

The 725-acre Purdue Research Park (http://www.purdueresearchpark.com) has the largest university-affiliated business incubation complex in the country. The park is home to more than 140 companies. About 90 of these firms are technology-related and another 39 are incubator businesses. The park was ranked No. 1 in 2004 for university-affiliated research parks and received the 2005 Outstanding Commercialization Award, both from the Association of University Research Parks. The park's companies also have received numerous recognitions, including a 2006 MIRA Award: Innovation of the Year for Purdue Research Park/Quadraspec Inc. and a 2005 CoreNet Global Innovators Award finalist. The Purdue Research Park is part of the Purdue Research Foundation, a private, nonprofit foundation created to assist Purdue University in the area of economic development. In addition to the Purdue Research Park in West Lafayette, the foundation has established or is currently constructing technology parks in other locations around Indiana including Merrillville, New Albany and Indianapolis.

To the Purdue Research Park, http://www.purdueresearchpark.com

Purdue Research Park contact: Steve Martin, (765) 494-6872, sgmartin@prf.org

Source: Dick Aderman, (765) 775-1026, raderman@quadraspec.com