February 2005

Fiscal 2004 ended with the 42nd consecutive month of profitability
The strong performance was again a result of the growing acceptance of the Company's tissue processing product line, the ATP™ and its SHUR/Wave™ microwave processor. The Company is expecting an even stronger performance in fiscal 2005 as customers are realizing that innovative technology does not always emulate from the more established brands. TBS’ industry leading SHUR/Mark and SHUR/Mark Plus cassette and slide labelers continue to be the instruments of choice for customers throughout the industry.

July 2004

"Congratulations!" " We are pleased to inform you that Triangle Biomedical Sciences is one of the 50 fastest growing technology companies in North Carolina. As the host of the North Carolina Technology Fast 50, Deloitte & Touche, along with Wachovia, Robert Half Finance & Accounting, Council for Entrepreneurial Development, and Business Leader will recognize you and your company at an awards ceremony on August 26th. Your company has also been nominated for consideration in the Technology Fast 500, which honors the 500 fastest growing North American technology companies." - Dave Hunt, Partner in Charge of NC Technology Fast 50 program, Deloitte & Touche LLP.

March 2004

TBS is pleased to announce the appointment of Lisa Veasey to the position of OPERATIONS MANAGER.. Lisa brings over 18 years of experience in overseeing many of the operations of the Company. Reporting directly to Ms. Veasey is Manufacturing, Product Service, Shipping & Receiving, Purchasing, and Inventory Control. Ms. Veasey reports directly to Mario Moreno, Ph.D., Vice President.

January 2004

TBS finishes Fiscal 2003 with 30 months of consecutive profitability. Contributing to the strong performance was the growing acceptance of the Company's tissue processing product line, the ATP™ and the SHUR/Wave™ microwave processor. The Company is expecting an even stronger performance in fiscal 2004 as it begins to generate revenue from the increased market acceptance of the the ATP™ tissue processor, the release of SHUR/Mount™, an automated coverslipper manufactured in Japan by Meisei (a leading international innovator of glass coverslippers) the increase in international interest in TBS' entire product line and the introduction of a high-end tissue cassette and microscope slide bar-code labeling technology, SHUR/Mark Plus™, that compliments the Company's popular SHUR/Mark® labelling system.