Press Release

LabX, the online mega-marketplace for scientific equipment, announced the registration of its 100,000th
member today, quadrupling its membership base since 2000. Established in
1995, LabX has proved it is a high-growth business, climbing to become the
leading online marketplace for the exchange of new and used scientific
products.
The President of LabX, Bob Kafato, was elated: “We just keep growing
and growing, and there are no signs of slowing down. With the addition of
new equipment to our regular used equipment business model, we truly are
the first place to look for scientific, medical, and industrial products.
Reaching the milestone of 100,000 members captures a remarkable goal that
appeared unattainable ten years ago.”
Located in Urbana, Illinois, Benjamin Klett of Obiter Research, LLC is
the 100,000th member to register with LabX. As manufacturers of rare and
exotic fine chemicals, the team at Obiter Research was looking for
laboratory casework and benches to outfit the expansion of its new lab
facility. Klett found LabX on the Internet and began his search. When asked
if he had success finding the furniture he sought, Klett said with
enthusiasm, “Oh yeah! We’ve found lots of listings already.” Citing the
easy-to-navigate website, which provided plenty of results for their
equipment search, Klett and owner of Obiter Research Dr. William Boulanger
were incredibly pleased with the service LabX provided and plan to locate
even more great deals through LabX for new and used lab equipment.
As for the ever-growing LabX community, over 10,000 new members have
registered since January 2006 alone. In a recent analysis of its
registrants, 51% of Fortune 500 companies were represented on LabX, showing
that the world’s largest corporations continue to find economical products
for their research and leverage Internet portals like LabX to search for
hi-tech equipment.
To support the phenomenal growth of its membership base, LabX is in the
midst of expanding its office facilities, yet again, with the addition of
several more employees planned for 2006.
For further information regarding buying and selling on LabX, visit
http://www.labx.com or email help@labx.com.

Posted: 05|31|06 at 5:54 pm. Filed under: US News.