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June 5, 2007

Quadraspec Inc. names Dick Aderman to its board of directors

Leading health-care professional becomes newest member of board

WEST LAFAYETTE, Ind. – Quadraspec Inc., an emerging diagnostics platform company based in Purdue Research Park, announced today (June 5) that Dick Aderman will serve as a member of its board of directors.

Dick Aderman

Aderman is president and chief operating officer for Indianapolis-based Symbios Medical, a leading supplier to the ambulatory pain management market.

"Dick Aderman is a legend in the diagnostics industry. He has a wealth of knowledge and experience and an outstanding capacity for strategic thinking and decision making," said Chad Barden, Quadraspec's CEO. "His contributions to our board of directors already have been significant, and we look forward to a bright future thanks to his joining our experienced team."

Aderman brings more than 25 years of health-care industry experience to Quadraspec's board. He held executive roles at several national health-care companies, including Roche Diagnostics, American Hospital Supply and Dade Diagnostics.

"Quadraspec represents a new, exciting and disruptive technology for the diagnostics industry," Aderman said. "As the diagnostics market transitions from traditional testing to newer advanced analysis, Quadraspec has the opportunity to play a significant role in reshaping the industry."

About Quadraspec Inc.

Quadraspec (http://www.quadraspec.com) is changing the face of diagnostic medicine. Built around research done at Purdue University, 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 Purdue Research Park

The Purdue Research Park is home to more than 140 companies. About 90 of these firms are technology-related, creating the greatest cluster of these types of ventures in the state. The park is part of the Purdue Research Foundation, a private, nonprofit foundation created to assist Purdue University. The 591-acre research park, just north of campus, has the largest university-affiliated, business incubation complex in the country. The Purdue Technology Centers are composed of four complementary facilities totaling 195,000 square feet.

Purdue Research Foundation marketing and communication contact:

Cynthia Sequin, (765) 494-4192 (office), (765) 413-6031 (mobile), casequin@prf.org

Contact: Jeff Goddard , (765) 775-1026 ext.139, jgoddard@quadraspec.com


* To the Purdue Research Park web site