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BioStorage Technologies Announces the Promotion of Lori A. Ball to Chief Operating Officer

Wednesday, June 23, 2010 General News J E 4
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INDIANAPOLIS, June 23 /PRNewswire/ -- BioStorage Technologies, a global leader in temperature controlled storage, cold chain logistics and sample management for the biotechnology and pharmaceutical industries, announced today the promotion of Lori A. Ball to chief operating officer.  

As COO, Ball will have overall responsibility for the company's growing global and domestic operations, including strategic business development, implementing global growth strategies, and overseeing the company's recently expanded North American and European facilities. She will focus on continuing to build a strong, customer-focused organization, while increasing efficiency across all aspects of operations. In addition, she will maintain senior management responsibilities for sales, marketing, logistics and information technology.

"This re-alignment strengthens our executive management team and greatly adds to our capacity to implement our growth strategy," said Dr. F. John Mills, M.D., Ph.D., CEO and chairman, BioStorage Technologies. "Lori's outstanding leadership and deep knowledge of the industry will be instrumental in aligning BioStorage Technologies to meet the present and future needs of pharmaceutical and biotech companies worldwide."

BioStorage Technologies recently expanded both its global headquarters in Indianapolis, and its European operations as part of its strategic growth plan to accommodate a rapidly growing list of customers conducting research in the Americas and in Europe.

"The increasing value of properly preserved clinical trial specimens has made comprehensive sample management an essential component to developing targeted therapeutics and a necessity to maximizing biomarker programs," added Mills. "With Lori leading our global operations, I have full confidence that BioStorage Technologies will continue to be a resource and a trusted partner for pharmaceutical and biotech companies worldwide."

Ball joined BioStorage Technologies in 2007 as vice president of global sales and marketing, where she led worldwide sales initiatives, corporate branding and international marketing. Most recently, she served as senior vice president of global operations, where she managed logistics, sample handling and processing, information technology and new service rollouts.

Prior to joining BioStorage, Ball was with Covance, Inc. a central laboratory services company, where she served as global head of sales/business development and global head of supply chain management and logistics. Ball earned a Master of Business Administration from Indiana Wesleyan University and a Bachelor of Arts in Education from Anderson University. In addition, she holds Six Sigma Green Belt credentials and has completed Six Sigma Executive and Champion training.

About BioStorage Technologies, Inc.: BioStorage Technologies, Inc. is the global leader in sample storage, inventory management and cold-chain logistics for the biotechnology and pharmaceutical industries.

The company offers more than 100,000 square feet of secure, temperature-controlled storage as well as realtime tracking of stored biological samples, and next-day retrieval and shipment of biomaterials. BioStorage Technologies, Inc. is privately held and headquartered in Indianapolis with an additional full-service site near Frankfurt, Germany. For more information, visit www.biostorage.com or call +1 (866) 697-2675 or +49-6155-898-1011.

Press Contact: Michael Clark, Miller Brooks, Inc., 317-873-8100, michael@millerbrooks.com

SOURCE BioStorage Technologies, Inc.

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