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trianglePropel Labs and Chata Partnership

Propel Labs and Chata Biosystems Enter into Partnership for Instrumentation Development and Sales Distribution in Asia Pacific

Fort Collins, CO. (September 10, 2009)

Propel Labs, LLC and Chata Biosystems, Inc. have entered into a strategic partnership which includes instrumentation development and distribution of Chata products in Asia Pacific. As part of this partnership Propel Labs will assist in developing the next generations of Chata’s award winning Chem+Mix® instrumentation for increased automation and efficiency in the laboratory. Propel Labs will obtain a license to sell and distribute Chata’s products and services in the Asia Pacific region.

“Chata provides innovative quality solutions to improve efficiency, accuracy, reliability and safety in laboratories and plants around the world. This partnership with Propel Labs will assist in developing the next generation of our award winning Chem+Mix™ instrumentation technology and accelerates our products’ entrance into the Asia Pacific marketplace via Propel’s Axellerate Partners” according to Ted Ziemann, Chata’s Chairman and CEO.

“Propel Labs is committed to develop high value systems, technology and intellectual property for niche markets. This partnership with Chata reinforces our efforts to deliver robust, high quality bio-instrumentation” says Tidhar Sadeh, President of Propel Labs. “In addition, we are excited to expand our global presence developing innovative solutions for global healthcare industries and for sales and distribution of these products in the Asia Pacific region through Axellerate Partners. Axellerate is our exclusive partner in the region with offices in both the United States and China.”

For more information, please contact:

Tidhar Sadeh, Propel Labs, LLC, President
Phone: (970) 295-4570
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Ted Ziemann, Chata Biosystems, Chairman & CEO
Phone: (970) 530-2205
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