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Tandem Labs Names Luca Matassa as Laboratory Director, Salt Lake City

Salt Lake City, Utah - June 1, 2004 - Tandem Labs, a leading bioanalytical contract research organization (CRO), named Luca Matassa, Ph.D., as Laboratory Director at Tandem Labs, Salt Lake City, announced Patrick Bennett, Vice President and Senior Laboratory Director.

Dr. Matassa will be joining Patrick Bennett from the Salt Lake City operations and Ed Brewer from the New Jersey operations on the scientific laboratory management team. His responsibilities will include leading the Tandem Labs' GLP laboratory operations in Salt Lake City.

"Dr. Matassa understands the Tandem Labs' focus of building strong relationships with our clients, which in turn enables us to develop programs that will meet even the most difficult challenges," Mr. Bennett said. "With his extensive scientific expertise in the area of mass spectrometry and his longevity in the bioanalytical setting, Dr. Matassa will be instrumental in the continued success and growth of Tandem Labs."

Dr. Matassa joins Tandem Labs with 15 years of scientific and operations experience in the advanced bioanalytical sector of the CRO industry. He earned his doctorate in organic chemistry from the University of Windsor, Ontario, Canada in 1989. He has published over 43 scientific papers and posters primarily focused on the use of LC/MS/MS for quantitative bioanalysis. Dr. Matassa was instrumental in establishing the first API LC/MS/MS-based contract bioanalytical laboratory in Canada. From 1989 to 2000, Dr. Matassa served in successive positions at Maxxam Analytics, Inc. (formerly NOVOMANN, Inc., Mann Testing Laboratories), including manager of the Bioanalytical Department. Since 2000, Dr. Matassa has been responsible for the establishment and operations of a high-throughput bioanalytical laboratory for Covance Bioanalytical Services, LLC as associate director of operations. Combining Dr. Matassa's extensive bioanalytical knowledge, leadership skills, and long-range planning experience with Tandem Labs' present and future vision is a winning partnership for success.

About Tandem Labs

NWT, Inc. is a Utah corporation operating a division called Tandem Labs with facilities in Salt Lake City, Utah and West Trenton, New Jersey. Since 1992, the focus has been the application of mass spectrometry expertise (LC/MS/MS) in support of new drug development for the pharmaceutical and biopharmaceutical industries. This specialization has resulted in the emergence of Tandem Labs as a leading bioanalytical clinical research organization (CRO). A diverse worldwide client portfolio includes some of the largest pharmaceutical corporations as well as small virtual companies. The Tandem Labs' structure supports large 10,000+ sample studies and small studies of fewer than 100 samples. Tandem Labs' ultimate goal is to build long lasting relationships by continually meeting and exceeding clients' expectations.

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