Labcompare Acquires American Laboratory and American Biotechnology Laboratory Assets to Create the Ultimate Technology and Product Information Resource for the Laboratory Industry

SOUTH SAN FRANCISCO, CA--(Marketwire - October 5, 2010) -  CompareNetworks, Inc., a leading provider of online b-to-b marketplaces for the scientific and healthcare industries, today acquired the titles of American Laboratory and American Biotechnology Laboratory from International Scientific Communications (ISC), Shelton, CT, and will combine these assets with Labcompare, the CompareNetworks property that services the chemical, environmental and general laboratory markets.

The newly merged entity will join the world class content from American Laboratory and American Biotechnology Laboratory publications with Labcompare's state-of-the-art product marketplace platform and interactive services, creating the ultimate technology and product information guide for laboratory professionals worldwide. Laboratory scientists across all disciplines will be able to stay up-to-date with the latest technology advances, discover the products and services that best meet their needs, and make more informed purchasing decisions. Together, American Laboratory and Labcompare will enable more than 200,000 scientists each month to make better and quicker decisions at all points along their research and buying cycle.

In addition, suppliers now have access to the largest and most accurate list of registered users in the laboratory market along with a comprehensive suite of ROI-based marketing channels to connect with these buyers. "We now have a perfectly balanced portfolio of services to offer manufacturers of scientific products. American Laboratory has brand power, 42 years of content development, and trusted relationships with leaders in this community. Labcompare will add its lead generation capabilities, and wide range of video and interactive production services that our advertisers have been so eagerly craving," said Robert G. Sweeney, Publisher at ISC.

"At Labcompare, we are always looking for innovative ways to serve laboratory professionals. Providing them with an efficient and comprehensive product discovery solution helps them spend more time doing what they love to do, instead of what they have to do," said Bo Purtic, PhD, MBA, General Manager of Labcompare. "Our newly merged entity will also provide advertisers with an integrated communication platform, ultimately improving the advertiser-buyer relationship."

About CompareNetworks, Inc.

Headquartered in South San Francisco, California, CompareNetworks operates targeted, online, b-to-b marketplaces for professionals worldwide. Focused on providing detailed product information for niche markets, CompareNetworks integrates online marketplaces, email newsletters, video, whitepapers and editorial content to bring buyers and sellers together. With an extensive directory of more than 1 million products with complete specifications, and thousands of product videos, CompareNetworks provides the most up-to-date b-to-b marketplaces on the Web. Labcompare is a vertical website of CompareNetworks, Inc., focused on the laboratory equipment and products market.

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