Charter Medical Consolidates Operations

Charter Medical Ltd., Manchester, Conn., has announced plans to consolidate the operations of its
Lakewood, N.J., facility with its operations in Winston-Salem, N.C. The move will add neonatal
blood management and stem cell collection and storage products to the Winston-Salem facilitys
existing product portfolio of Bio-Pak flexible bioprocessing containers and blood filtration
devices.The company said the consolidation will create 50 new jobs at the Winston-Salem site, which
currently employs about 70 workers. In addition to manufacturing positions, the new jobs created
will include technical and quality assurance positions.

July 2003