Marken and BioStorage Technologies Forge New Strategic Partnership in Singapore

-- Collaboration Assures Pharma Clients Comprehensive Sample Asset Management

RESEARCH TRIANGLE PARK, North Carolina, Jan. 10, 2013 /PRNewswire/ -- Marken and BioStorage Technologies together announced today a new strategic partnership for the Singapore region. BioStorage Technologies is a leader in the bioscience industry and provides comprehensive sample management solutions including flexible outsourced or onsite sample consulting, planning and management solutions to pharmaceutical clients. Marken is the fastest growing global clinical supply chain leader across all the continents.

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With Marken's state of the art GMP-compliant depot in Singapore and BioStorage Technologies services and expertise, this strategic partnership will offer a new high quality service to the pharmaceutical industry in Asia. The combined strengths of the BioStorage Technologies state-of-the-art intelligent specimen storage inventory system (ISISS), and Marken's proprietary online tracking system, Maestro, will provide clients with full access to their biological samples at all times.

Wes Wheeler, Chief Executive Officer for Marken, said this about the new agreement, "The new alliance with BioStorage Technologies creates a unique synergy for our customers. Marken continues to provide creative solutions for our pharma clients and this partnership was a logical next step for our expansion in the Asia Pacific market. We are very impressed with the BioStorage processes that ensure biological sample assets are maintained with the highest level of integrity and to the same high standards as our own GMP-compliant depot facilities."

CEO of BioStorage Technologies, Gregory Swanberg, commented, "Customers will immediately recognize the value of this partnership and will greatly benefit from the opportunities the two organizations can provide to the region. We are very pleased with Marken's current client solutions and we anticipate that together, we will be able to offer unique advantages in the Asia Pacific market."

About Marken
Marken is the leading global clinical supply chain solutions provider dedicated to the pharmaceutical and life sciences industries, supporting over 49,000 clinical investigators in more than 150 countries. Marken integrates Depot and Logistics services into solutions that extend the reach of clinical trials to even the most remote treatment naive geographies.

About BioStorage Technologies, Inc.
BioStorage Technologies, Inc. is the premier, global provider of comprehensive sample management solutions for the bioscience industry. Offering flexible onsite, offsite and hybrid sample outsourcing models for the management of research assets, BioStorage Technologies manages the complete life-cycle of samples. With an expert team of global sample consultants, industry-leading temperature-controlled storage facilities, and state-of-the-art virtual sample management solutions, the company supports its customers in maximizing opportunities, minimizing risk and reducing costs. BioStorage Technologies, Inc. is privately held and headquartered in Indianapolis with an additional full-service site near Frankfurt, Germany and a wholly-owned foreign enterprise in Singapore. For more information, visit www.biostorage.com or call +1-866-697-2675 or +65-31576199.