IRIS International's Sample Processing Division Extends Exclusive Supply Agreement With IDEXX Laboratories

IRIS International, Inc. IRIS today announced that its Sample Processing division has signed a five-year extension to its exclusive supply agreement for its flagship veterinary centrifuge with IDEXX Laboratories, Inc. IDXX. Under the terms of the agreement, IRIS will be the sole supplier of the StatSpin® VT and similar stand alone veterinary centrifuges for all of IDEXX's in-clinic needs in the U.S. and Europe. Projected centrifuge and spare parts revenue over the life of the extension, which runs through December 2016, is estimated at approximately $10 million.