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BRKR Bruker Corporation

66.25
2.84 (4.48%)
After Hours
Last Updated: 22:34:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bruker Corporation NASDAQ:BRKR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.84 4.48% 66.25 65.74 66.73 66.52 63.0101 63.89 695,554 22:34:03

Bruker Daltonics Appoints Michael Schubert as Executive Vice President and Ian Sanders as Vice President

01/09/2005 9:05pm

Business Wire


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Bruker Daltonics Inc. today announces two promotions to further strengthen its senior management team. Dr. Michael Schubert has been promoted to Executive Vice President of the Bruker Daltonics group. He retains his previous responsibilities for Bruker Daltonics' global R&D management, as well as his function as Managing Director (Geschaeftsfuehrer) of Bruker Daltonik GmbH, located in Bremen and Leipzig, Germany. In addition, Dr. Schubert now also assumes responsibility for the Company's life-science mass spectrometry business in the Americas. Dr. Schubert joined Bruker Daltonics in 1991, and has held several project and R&D management positions. In 2002, he became Managing Director of Bruker Daltonik GmbH, and in 2004 Vice President for R&D of Bruker Daltonics. He holds a doctorate from the University of Hamburg in physics. Ian Sanders, Ph.D., has been promoted to Vice President for European Life Science Sales, a function that he has previously managed as an Assistant Vice President. He also continues in his role as Managing Director of Bruker Daltonik GmbH. Dr. Sanders joined Bruker Daltonics in 2000 following a ten-year career in drug discovery research for both large pharmaceutical and venture biotechnology companies. Initially responsible for the UK business, in 2002 his role expanded to manage life-science sales in the UK, Scandinavia and The Netherlands. In 2004, he became Assistant Vice President for European Life-Science Sales, and in 2005, Managing Director of Bruker Daltonik GmbH. He holds a Ph.D. in drug discovery technology from The University of Bath, UK. Frank Laukien, President and CEO of Bruker BioSciences, said: "I am very pleased for Michael and Ian to assume additional management responsibilities at Bruker Daltonics. Both of them have excellent track records and I expect that in their expanded roles they will contribute even more strongly to our corporate goals. By focusing on customers, on technological and business innovation, and on operational excellence we drive to continue our above industry-standard revenue growth while reaching substantial profitability." ABOUT BRUKER BIOSCIENCES (NASDAQ: BRKR) Bruker BioSciences Corporation, headquartered in Billerica, Massachusetts, is the publicly traded parent company of Bruker Daltonics Inc. and Bruker AXS Inc. Bruker AXS is a leading developer and provider of life science and advanced materials research tools based on x-ray technology. Bruker Daltonics is a leading developer and provider of innovative life science tools based on mass spectrometry. Bruker Daltonics also offers a broad line of nuclear, biological and chemical (NBC) detection products for defense and homeland security. For more information, please visit www.bruker-biosciences.com CAUTIONARY STATEMENT Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's reorganization strategies, integration risks, failure of conditions, technological approaches, product development, market acceptance, cost and pricing of the Company's products, exposure to currency fluctuations, changes in governmental regulations, capital spending and government funding policies, FDA and other regulatory approvals to the extent applicable, competition, the intellectual property of others, patent protection and litigation. These and other factors are identified and described in more detail in our filings with the SEC, including, without limitation, our respective annual reports on Form 10-K for the year ended December 31, 2004, our most recent quarterly reports on Form 10-Q, and our current reports on Form 8-K. We disclaim any intent or obligation to update these forward-looking statements.

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