WESTBROOK, Maine, July 14, 2015 /PRNewswire/ -- IDEXX
Laboratories, Inc. (NASDAQ: IDXX) today announced the unanimous
election of Bruce L. Claflin as a
member of the Company's Board of Directors, effective July 14, 2015. In addition, Mr. Claflin will
serve on the Audit Committee and the Nominating and Governance
Committee of the Board.
Mr. Claflin is the Chairman of the Board of Advanced Micro
Devices, Inc. and a member of the board of directors of Ciena
Corporation, and he previously served on the board of directors of
Time Warner Telecom. In addition to fifteen years of experience in
serving on public company boards as an independent director, Mr.
Claflin has more than thirty years of executive and senior
management experience at 3Com Corporation, Digital Equipment
Corporation and International Business Machines Corporation
(IBM).
"We are very pleased that Bruce
Claflin has joined our Board," said Jonathan W. Ayers, the Company's Chairman of the
Board and Chief Executive Officer. "Bruce's extensive experience in
serving on public company boards, as well as in executive and
senior management roles in large, global businesses, including in
sales, marketing, R&D, and operations, will be of great value
to the Board and the Company as we continue to strengthen and grow
our business globally."
"It's a very exciting time to be joining the IDEXX Board," said
Mr. Claflin. "The Company's recent transition to an all-direct
sales strategy in the U.S. for its Companion Animal Group business,
significant new product introductions, such as SDMA, and the
innovation pipeline offer strong growth opportunities for the
Company. I look forward to working closely with my fellow Board
members and the management team to build long-term value for our
shareholders."
Mr. Claflin served as President and Chief Executive Officer of
3Com from January 2001 until his
retirement in 2006. He joined 3Com as President and Chief Operating
Officer in August 1998. Prior to
3Com, Mr. Claflin worked at Digital Equipment Corporation as
Executive Vice President, Sales and Marketing and as Vice President
and General Manager of the PC Business Unit. Mr. Claflin also
worked at IBM for 22 years, where he held various senior management
positions in sales, marketing, research and development and
manufacturing. He is also founder and President of Kids First!, a
U.S. Virgin Islands non-profit
corporation. Mr. Claflin holds a Bachelor of Arts in Political
Science from Pennsylvania State University.
About IDEXX Laboratories
IDEXX Laboratories, Inc. is a leader in pet healthcare
innovation, serving practicing veterinarians around the world with
a broad range of diagnostic and information technology-based
products and services. IDEXX products enhance the ability of
veterinarians to provide advanced medical care, improve staff
efficiency and to build more economically successful practices.
IDEXX is also a worldwide leader in providing livestock and poultry
diagnostic tests and tests for the quality and safety of water and
milk. Headquartered in Maine,
IDEXX Laboratories employs more than 6,000 people and offers
products to customers in more than 175 countries.
Note Regarding Forward-Looking Statements
This news release contains or may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be
identified by the use of words such as "expects," "may,"
"anticipates," "intends," "would," "will," "plans," "believes,"
"estimates," "should," and similar words and expressions. These
forward-looking statements are based on management's current
expectations and beliefs, as well as a number of assumptions
concerning future events. These statements are subject to risks,
uncertainties, assumptions and other important factors. Readers are
cautioned not to put undue reliance on such forward-looking
statements because actual results may vary materially from those
expressed or implied. The reports filed by the Company pursuant to
United States securities laws
contain discussions of these risks and uncertainties. The Company
assumes no obligation to, and expressly disclaims any obligation
to, update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Readers are
advised to review the Company's filings with the United States
Securities and Exchange Commission (which are available from the
SEC's EDGAR database at www.sec.gov, at various SEC reference
facilities in the United States
and via the Company's website at www.idexx.com).
Contact: Ed Garber, Director,
Investor Relations, (207) 556-8155
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SOURCE IDEXX Laboratories, Inc.