Press Release - September 1, 2007

R&D SYSTEMS, INC. ANNOUNCES THE OPENING OF R&D SYSTEMS CHINA
Minneapolis/September 1st, 2007/-- R&D Systems, Inc., a wholly owned subsidiary
of TECHNE Corporation (NASDAQ: TECH) today announced the official opening
R&D Systems China Co. Ltd., a Wholly Owned Foreign Enterprise (WOFE),
which has been established for the purpose of improving the level of service
offered to R&D Systems’ distributors and customers in China. R&D
Systems China Co. Ltd. will operate as a warehouse/distribution hub for R&D
Systems’ cell biology research products and will also provide technical
services and marketing support for the Chinese market.
Mr. Thomas E. Oland, President and CEO of R&D Systems, said “The
People’s Republic of China is a key strategic market for R&D Systems. As
a leading supplier of cell biology research products to the Chinese biomedical
research community, we recognize the need to build the infrastructure necessary
to provide the superior level of customer support traditionally associated
with the R&D Systems brand. The investment in establishing R&D
Systems China demonstrates our commitment to support our distributors and
customers in this rapidly expanding market.”
With its administrative offices in Shanghai, and its warehouse distribution
facility located in a tax-bonded zone conveniently close to Shanghai Pudong International
Airport, R&D Systems China is ideally situated to offer excellent logistics
for distribution of products to customers throughout China.
It is anticipated that by mid-September the warehouse will be fully stocked
with products frequently ordered by our Chinese customers. By October
1, 2007 R&D Systems China should be fully operational.
Dr. Wendy Shao, General Manager of R&D Systems China Co. Ltd., said “R&D
Systems China will enhance the level of service provided to our distributors
and customers in three important ways. First, delivery time for many
of our most popular products will be significantly shortened. We understand
that fast delivery is very important to our customers, and by holding inventory
in our temperature-controlled warehouse in Shanghai we will be able to respond
more swiftly to fill customer orders. Second, our highly qualified
technical service team will now offer product support and advice to our Chinese
distributors and customers in local language and without time zone-related
delays. Finally, R&D Systems China staff will be available to visit
and meet with distributors and customers in their facilities and at local
scientific meetings and trade shows to provide product information and training.”
To learn more about R&D Systems China Co. Ltd., you may visit their website
at www.RnDSystemsChina.com.cn
Forward Looking Statements:
This press release contains forward-looking statements within the meaning
of the Private Litigation Reform Act. These statements involve
risks and uncertainties that may affect the actual results of operations.
The following important factors, among others, have affected and, in
the future, could affect the Company’s actual results: the introduction
and acceptance of new biotechnology and hematology products, the levels
and particular directions of research by the Company’s customers,
the impact of the growing number of producers of biotechnology research
products and related price competition, the retention of hematology OEM
and proficiency survey business, the impact of currency exchange rate
fluctuations, and the costs and results of research and product development
efforts of the Company and of companies in which the Company has invested
or with which it has formed strategic relationships. For additional
information concerning such factors, see the Company’s annual report
on Form 10-K and quarterly reports on Form 10-Q as filed with the Securities
and Exchange Commission. We undertake no obligation to update or
revise any forward-looking statements we make in this release due to
new information or future events. Investors are cautioned not to
place undue emphasis on these statements.
* * * * * * * * * * * * * *
Techne Corporation has two operating subsidiaries: Research and Diagnostic
Systems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems
Europe, Ltd. (R&D Systems Europe) of Abingdon, England. R&D
Systems is a specialty manufacturer of biological products. R&D
Systems has two subsidiaries, BiosPacific, Inc. (BiosPacific), located in
Emeryville, California and R&D Systems China Co. Ltd., (R&D Systems
China), located in Shanghai, China. BiosPacific is a worldwide supplier
of biologics to manufacturers of in vitro diagnostic systems and immunodiagnostic
kits. R&D Systems China and R&D Systems Europe distribute biotechnology
products.
Contact:
R&D Systems, Inc.
Greg Melsen, Chief Financial Officer
Kathy Backes, Controller
(612) 379-8854
R&D Systems China, Co. Ltd.
Wendy Shao, General Manager
+86(21)5238037