QBC Diagnostics Named Growth Company of the Year

State College, Pennsylvania, April 1, 2008 – QBC Diagnostics (QBC), a manufacturer of hematology & tropical disease diagnostics, has recently been named the 2008 growth company of the year by TECHQuest at the 17th annual Technology Awards Gala held at the Whitaker Center for the Arts and Sciences in Harrisburg, Pennsylvania. The Technology Awards Gala is the largest event of its type in Pennsylvania for technology companies and industry professionals. Ken Moscone, President and CEO accepted the award on behalf of QBC.

QBC was formed in 2005 when Mr. Moscone purchased the existing hematology diagnostic business from Becton, Dickinson and Company (BD) located in Sparks, MD. The BD diagnostic instruments as well as the associated disposables, along with a number of fluorescence microscopy products are now manufactured by QBC along side The Drucker Company facility located in Philipsburg, PA. The Drucker Company is a centrifuge manufacturing company also owned by Mr. Moscone. Both companies’ products are distributed to a worldwide network of authorized dealers. The rapid expansion of the QBC business has resulted in the addition of (74) new employees including (19) in 2006, (29) in 2007 and (26) in 2008. Combined, both businesses employed a total of (110) employees at the end of 2008.

Mr. Moscone credits the Life Sciences Greenhouse, Chamber of Business and  ndustry of Centre County (CBICC), the Susquehanna Economic Development Association- Council of Government (SEDA-COG) and especially Ben Franklin Technology Partners of Northern and Central Pennsylvania (BFTP/NCP) for supporting his effort to acquire the hematology business. “The cooperation and guidance provided by these organizations throughout the last three years as well as the dedicated team of both the QBC and Drucker employees have been invaluable in growing these businesses to where we are today” said Moscone.

About QBC Diagnostics
QBC Diagnostics is a privately held company headquartered in State College, Pennsylvania. The company manufactures a line of Complete Blood Count analyzers and ancillary products related to fluorescence microscopy. Additional information can be found by visiting the company website  www.qbcdiagnostics.com) or by calling 877-231-3115. The Drucker Company, headquartered in Philipsburg, manufactures a road range of centrifuge instruments and can be found by visiting the company website (www.druckercompany.com) or by calling 814-342-6205.