| October
2004, Minneapolis
The Principals
of ShoreView Industries are pleased to
announce that Axygen, Inc., a ShoreView
portfolio company, has acquired the assets
of V-Gene Biotechnology Limited. V-Gene
is a developer and manufacturer of DNA/RNA
purification kits and other laboratory
consumables based outside of Shanghai,
China.
The acquisition expands Axygen's product line, design capability, and provides
the Company with an overseas manufacturing platform. It represents
Axygen's third acquisition in 2004.
ShoreView assisted Axygen in the acquistion of the Company.
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