EXHIBIT 99.2
CONTACTS:
Charles Best
Chief Financial Officer
Biosource International, Inc.
[email protected]
Aspasia Knox
Investor Relations
(805) 383-5268
[email protected]
FOR IMMEDIATE RELEASE
November 17, 2000
BIOSOURCE INTERNATIONAL ANNOUNCES
SALES OF PREVIOUS CORPORATE HEADQUARTERS
Camarillo, Calif. - November 17, 2000 - BioSource International, Inc.
(Nasdaq: BIOI) today announced the successful sale its previous corporate
headquarters, effective November 15, 2000. The net proceeds from the sales of
the building of $1.8 million will be used to retire the $1.2 million debt on the
building and for general corporate purposes.
In July 2000, the Company moved into its new corporate headquarters located
on 542 Flynn Road in Camarillo, California. The new facility is approximately
52,000 square feet of space and will allow for the continued growth of the
company. The Company's previous corporate headquarters was approximately 29,000
square feet of space and was located at 820 Flynn Road, also in Camarillo,
California.
BioSource International, Inc. is a broad based life sciences and genomics
company focused on providing solutions in the areas of functional genomics,
proteomics, as well as advanced drug discovery through the development,
manufacturing, marketing and distribution of unique biologically active reagent
systems which facilitate, enable and accelerate pharmaceutical development as
well as biomedical research.
This news release may contain forward-looking statements that involve risks and
uncertainties, including risks described from time to time in reports filed by
Biosource International, Inc. with the Securities and Exchange Commission,
including its most recently filed Annual Report on Form 10-K/A.
