LAB RESEARCH ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS
www.labresearch.com Toronto Stock Exchange Symbol: LRI
LAVAL, QC, Sept. 24 /CNW Telbec/ - LAB Research Inc. ("LRI" or "LAB Research"), (TSX: LRI), a Canadian-based global non-clinical contract research organization, today announced the resignation of Mr. Stephen R. Farrell from its Board of Directors (the "Board"), who is stepping down to focus on his professional obligations.
Mr. Farrell, has been a member of the Board as well as the Chairman of the Audit committee since December 2006. The Board expects to be in a position to announce his replacement before the end of the year.
"I want to thank Mr. Farrell for his support and contribution to the Company and wish him the best in his future endeavours." stated Mr. Luc Mainville, Chief Executive Officer and President of LRI.
About LAB Research Inc.:
LAB Research is a Canadian global non-clinical contract research organization that performs full-service contract research for the pharmaceutical, biotechnology, agro-chemical, petro-chemical and industrial markets. LAB Research supports the development of its customers' products from state-of-the-art facilities located in Canada, Denmark and Hungary.
LAB Research's shares trade on the TSX under the symbol "LRI", with 52.7 million shares outstanding.
This news release contains certain forward-looking statements that reflect the current views and/or expectations of LAB Research Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.
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For further information: visit LAB Research's website at www.labresearch.com, or contact: Luc Mainville, Chief Executive Officer, Tel: (450) 973-2240 (ext. 1206), [email protected]; Frédéric Dumais, Partner, Jasmin-Dumais Financial Communications, Tel: (514) 862-1251, [email protected]
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