Cryo-Save Group N.V.: New storage record

Cryo-Save Group N.V.: New storage record

ID: 102400

(Thomson Reuters ONE) -


Cryo-Save Group N.V. (Euronext: CRYO, 'Cryo-Save', or 'the Group'), the leading
international family stem cell bank, stored 39,900 new samples in 2011, up 4%
(2010: 38,300 new samples).


Highlights:

   · 10,300 new samples stored in Q4 2011, up 3% compared to previous quarter
(Q3 2011:10,000). Of these, 6,400 were new cord blood samples and 3,900 new cord
tissue samples. 10,400 new samples were stored in Q4 2010.

   · 39,900 new samples stored in 2011, up 4% compared to previous year
(2010:38,300). Of these, 25,200 were new cord blood samples and 14,700 new cord
tissue samples.

    · 204,000 samples have been stored in total at 31 December 2011.

    · The cash balance increased to approximately ?7 million at 31 December
2011.


Arnoud van Tulder, Chief Executive officer, commented:

"We are pleased to report a new company record of almost 40,000 new samples
stored in a year, and crushing the landmark of having more than 200,000 samples
stored in our ultramodern state-of the art processing and storage facilities.

"We are confident that our growth strategy will result in continued increasing
storage volumes in 2012".

Enquiries:

Cryo-Save Group + 31 (0) 575 548 998

Arnoud van Tulder, Chief Executive Officer



SPJ Financiële Communicatie (The Netherlands) +31 (0)20 647 8181

Kees Jongsma/Leon Melens


Daniel Stewart & Company plc (UK) + 44 (0) 20 7776 6550

Sean Lunn



College Hill (UK) + 44 (0) 20 7457 2020

Rozi Morris/ Adrian Duffield



Free footage is available on www.videobankonline.com.

About Cryo-Save (www.cryo-save.com/group)

Cryo-Save, the leading international family stem cell bank, already stores more




than 204,000 samples from cord blood and umbilical cord tissue for newborns and
adipose tissue for adults. These stem cells can mean the difference between life
and death in the case of future threats to the health of the donors. There are
already several diseases that can be cured by the use of stem cells, and the
number of treatments will only increase. The use of stem cells from adipose
tissue is increasingly popular in plastic surgery. Driven by its international
business strategy, Cryo-Save is now represented in over 40 countries on four
continents, with ultra-modern processing and storage facilities in the United
States, Belgium, Germany, Dubai, India, South Africa and France (validation in
progress).



Click here for press release in PDF:
http://hugin.info/143308/R/1576086/491113.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Cryo-Save Group N.V. via Thomson Reuters ONE

[HUG#1576086]


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Bereitgestellt von Benutzer: hugin
Datum: 10.01.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 102400
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