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Waters Corporation Enters Into Collaborations with Chinese Partners

Raising the Bar for Food Safety and Environmental Standards in China

BEIJING, June 21 /PRNewswire-FirstCall/ -- In ceremonies held today, Waters Corporation (NYSE: WAT) formally announced collaborations with the China Municipal Center for Disease Prevention and Control (China CDC), Beijing Municipal Center for Disease Prevention and Control (BJCDC) and The Research Center for Eco-Environmental Sciences (RCEES) of the Chinese Academy of Sciences to provide technology and expertise for food safety analysis and environmental regulatory compliance.

With the successful inclusion of China into the WTO (in 2001) and their successful bid to host the Olympics in 2008, the Chinese authority is sparing no effort to comply with the international food safety and environmental standards. To meet the stringent international standards and the tight deadline, the Chinese authority recognizes the value of working closely with the scientific analytical instrument industry.

Waters Corporation is one of the world's leading scientific analytical instrument companies in liquid chromatography (UPLC), mass spectrometry (MS) and laboratory informatics all of which are essential enabling technologies for the analytical laboratory. These joint collaborations with China's premier food safety and environmental centers signify a strong vote of confidence in Waters and its commitment to address China's rapidly increasing food safety and environmental challenges.

Today's announcement and ceremony solidifies the partnerships aimed at bringing out the best in each organization in meeting increasingly stringent food safety and environmental standards in China. Waters Division President, Art Caputo, participated in the collaboration signing ceremony.

"Waters is excited about having the opportunity to provide a range of robust technologies and expertise to complement the Chinese food safety and environmental agencies in ensuring that international standards are not only met, but exceeded," explained Mr. Caputo. "We embrace the groundbreaking research being conducted by our Chinese partners and their feedback will, in turn, allow us to better our products and services. It is a synergistic partnership."

"The collaboration we are currently engaged in with Waters helps us to develop advanced applications and solutions to problems unique to China's development," stated Dr. Wu Yongning, Director of Chemical Contamination Control at China CDC.

Director of Beijing CDC, Mr. Liu Ze Jun affirms, "Indeed, our partnership with Waters has already produced very rewarding results. We look forward to intensifying our relationship with Waters."

One of Waters' cutting-edge innovations, ACQUITY(TM) Ultra Performance LC(TM) (UPLC), a breakthrough in separation science pioneered by Waters, eliminates significant time and cost per sample from the analytical process -- while improving the quality of results. The collaboration with the various food safety and environmental agencies and their willingness to embrace the latest technology and application solutions, reinforces China's commitment to improve and comply with international standards.

"As one of the state guardians in ensuring strict food safety standards for the public, such collaboration is timely and crucial," states Zheng Minghui, Professor and Associate Director, State Key Laboratory of Environmental Chemistry and Ecotoxicology for RCEES. "We are confident that this partnership with Waters will complement China's on-going commitment in food safety and environmental standards, especially in the area of analytical method development in toxicology."

Since 1983, Waters China has supported some of Asia's largest laboratories including those in Shanghai and Beijing. Waters' clients in China include pharmaceutical industry, research centers, disease control centers, product inspections, environmental protection agencies and departments, etc.

    Other noteworthy milestones include:

  • Research collaborations with the Dalian Institute of Chemical Physics, Chinese Academy of Sciences (2004)
  • A Letter of Intent to set up a Dioxin Monitoring Lab with the State Environmental Protection Administration of China in cooperation with the U.S. Dept. of Commerce (2004)
  • The construction of a distribution center in Shanghai to hasten facility maintenance and the expansion of product supplements
  • Support and sponsorship of scientific investigations of the Himalayas for the China Academy of Sciences (2005)
  • Partnerships with several of China's finest universities including Tsing Hua University, Jiao Tong University, and Zhongshan University

Waters China, established in 1983, operates regional offices in Beijing, Shanghai, Guangdong and Hong Kong with regional training centers and demo labs in Beijing and Shanghai.

About Waters Corporation (http://www.waters.com)

Headquartered in Milford, Massachusetts, USA, Waters Corporation holds worldwide leading positions in three complementary analytical technologies: liquid chromatography, mass spectrometry, and thermal analysis. These market segments account for $4.5-$5.0 billion of the overall $20+ billion analytical instrumentation market.

Waters, ACQUITY, and Ultra Performance LC are trademarks of Waters Corporation. All other trademarks are the property of their respective owners.

Certain statements contained herein are forward looking. Many factors could cause actual results to differ from these statements, including delays in product introductions, loss of market share through competition, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of new products, changes in the healthcare market and the pharmaceutical industry, changes in distribution of the Company's products, and foreign exchange fluctuations. Such factors are discussed in detail in the Company's filings with the Securities and Exchange Commission and, in particular, the Company's Annual Report on Form 10-K for the year ended December 31, 2005.

SOURCE Waters Corporation

CONTACT:
Investor Contact: Gene Cassis,
V.P., Investor Relations of Waters Corporation,
+1-508-482-2349, or
Corporate Media Contact:
Brian J. Murphy,
Corporate Communications of Waters Corporation,
+1-508-482-2614,
brian_j_murphy@waters.com; or
China Media Contact: Clara Ng,
Marketing Services of Waters China Limited
+852-2964-1808, or
Mobile: +852-9161-9764,
clara_ng@waters.com