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Waters Corporation Wins Award for Technical Innovation; Second Award in Two Years Recognizes XTerra Reversed-Phase HPLC Columns

MILFORD, Mass.--(BUSINESS WIRE)--July 10, 2000--The editors of R&D Magazine announced today that Waters Corporation (NYSE:WAT) will receive a 2000 R&D 100 Award for technological innovation. The award recognizes Waters(R) XTerra(R) reversed-phase HPLC columns which use innovative organic/inorganic hybrid particle technology to extend the limits of HPLC performance. Each year Cahners Business Information (Des Plaines, Illinois) honors 100 of the most technologically significant products and processes. In the September 2000 issue, R&D Magazine will profile the winners and their products. Their achievements will be celebrated during a ceremony on September 27th at the Museum of Science and Industry in Chicago (Illinois, USA).

Members of the winning XTerra(R)Column development team include: Christopher Benevides, Raymond Fisk, Pamela Iraneta, Zhiping Jiang, Ph.D., John O'Gara, Ph.D., and Thomas Walter, Ph.D.

Ian King, Vice President of Marketing for Waters Chromatography Chemistry Division, stated: "We are tremendously proud to have received our second R&D 100 Award in two years, the first, in 1999 for Waters Oasis(R) HLB 96-well Extraction Plate and, now, in 2000 for the family of XTerra(R) Hybrid Particle Columns. Both awards recognize the fundamental advances our research scientists have made in the design and synthesis of unique materials that solve our customers' problems in high throughput, high performance sample preparation and analysis."

About XTerra(R) Reversed-Phase Columns

Launched by Waters at HPLC `99 in Granada, Spain, XTerra(R) HPLC Columns, for the first time, provide scientists the ability to extend the limits of HPLC technology for speed, peak shape, and operating pH range. These significant performance improvements are substantially accelerating the analytical and purification processes for new drug lead generation and lead optimization.

Hybrid Particle Technology is a revolutionary advance in the synthesis of chromatographic packing materials, a result of an extensive R&D effort by Waters. The structure of the underlying chromatographic support combines both organic and inorganic elements in a proportion that delivers the advantages of both traditional polymer and silica substrates. A patent application has been filed on this novel material.

"Two-micron XTerra(R) columns have enabled us to run gradients in seconds with high peak capacity," said Uwe Neue, Ph.D., Director of Applied Technology, Waters Corporation. "In addition, XTerra(R) columns deliver the sharpest, most symmetrical peaks for all basic compounds with maximum resolution. Their usable pH range from one to twelve provides polymeric pH resistance with the performance of silica."

XTerra(R) reversed-phase HPLC columns were made available at time of launch in over 270 configurations with hybrid packings in four particle sizes with four different surface chemistries.

About the R&D 100 Awards

The R&D 100 Award competition, now in its 38th year, is open to the world's corporate, independent and university researchers and recognizes the year's 100 most technologically significant products and processes. To qualify, winning products or processes must have been available for sale or licensing during the calendar year preceding the judging. Winners are chosen by an independent panel of 70 experts.

Tim Studt, Editor of R&D Magazine, says, "The Chicago Tribune has called these awards 'The Oscars of Invention.' Others have referred to the R&D 100 Awards as the 'Nobel Prizes of Applied Research.' Past winners have included breakthroughs like Polacolor(R) film, the flashcube, the digital wristwatch, antilock brakes, the automated teller machine, the liquid crystal display, the halogen lamp, the fax machine, and Fruitrim(R) fat replacer. The 37th annual competition saw outstanding entries from many of the most prestigious companies, research organizations, and universities in the world. The caliber of entries was truly exceptional."

A World Leader in HPLC

For over 40 years, the Waters name has been synonymous with superior quality, innovation, and leadership in HPLC. As the largest company in the industry devoted to HPLC, thermal analysis, and mass spectrometry, Waters 1/8NYSE: WAT 3/8 had $704M in revenue in 1999. The company manufactures columns and sample extraction products in two cGMP chromatography materials synthesis facilities in Taunton, Massachusetts and Wexford, Ireland.

Waters, Oasis, and XTerra are registered trademarks of Waters Corporation.

CONTACT: Waters Corporation

Brian J. Murphy, 508-482-2614

brian_j_murphy@waters.com