SOURCE: Trinity Biotech

November 12, 2008 12:13 ET

Trinity Biotech Announces Appointment of William Blair

DUBLIN, IRELAND--(Marketwire - November 12, 2008) - Trinity Biotech plc (NASDAQ: TRIB), a leading developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, today announced it has engaged William Blair International, Limited in connection with the Company's ongoing process to explore strategic alternatives to enhance shareholder value.

Commenting on the appointment Ronan O'Caoimh, Chairman and CEO, said, "Since my return as CEO of Trinity I have consistently stated my commitment to unlock shareholder value. The appointment of William Blair, a leading investment banking firm, represents the latest step in this process."

Forward-looking statements in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, but not limited to, the results of research and development efforts, the effect of regulation by the United States Food and Drug Administration and other agencies, the impact of competitive products, product development commercialisation and technological difficulties, and other risks detailed in the Company's periodic reports filed with the Securities and Exchange Commission.

Trinity Biotech develops, acquires, manufactures and markets diagnostic systems, including both reagents and instrumentation, for the point-of-care and clinical laboratory segments of the diagnostic market. The products are used to detect infectious diseases and blood coagulation disorders, and to quantify the level of Haemoglobin A1c and other chemistry parameters in serum, plasma and whole blood. Trinity Biotech sells direct in the United States, Germany, France and the U.K. and through a network of international distributors and strategic partners in over 75 countries worldwide. For further information please see the Company's website: www.trinitybiotech.com.

Contact Information

  • Contact:

    Trinity Biotech plc
    Ronan O'Caoimh
    (353)-1-2769800
    E-mail: Email Contact