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BioCarta Expands into European Market

SAN DIEGO, CA - September 1, 2000 - BioCarta announced today its expansion into Europe with the appointment of Joerg Homfeld, PhD as President of European Operations and establishment of BioCarta Europe GmbH with headquarters in Hamburg, Germany. Dr. Homfeld will lead a team of experienced life science professionals dedicated to serving the needs of the European life science community.

Previously responsible for managing the German subsidiary of medical research and diagnosis products and systems company, DAKO, Joerg Homfeld, PhD brings European entrepreneurial expertise and exceptional industry knowledge of the European market to BioCarta. Prior to joining DAKO, Dr. Homfeld spearheaded the establishment of the PharMingen Europe organization and its expansion throughout Europe with offices in all major regions, employing over 20 marketing and sales professionals. Dr. Homfeld holds a PhD in Immunology from the German Cancer Research Centre in Heidelberg, Germany. His role will be to establish BioCarta Europe GmbH as preferred partner for researchers in the European life science community.

Brad Kraft, Chief Executive Officer of BioCarta, commented: "Europe is a key market for BioCarta and we will be establishing a significant physical presence throughout the region to expand BioCarta's operations. Joerg, with his industry knowledge, represents an important first step in pursuing our goals in Europe. We anticipate announcing further geographic expansions in the coming months."

Joerg Homfeld, PhD added: "BioCarta has developed a compelling and innovative new model for the life science community. I look forward to working with my highly motivated team and BioCarta colleagues worldwide."

BioCarta expects to employ 4 in the European headquarters office in Hamburg, Germany by the year-end and open a new branch office in the United Kingdom in the spring of 2001.

BioCarta is a worldwide organization that provides information and products through interactive web-enabled resources for life science researchers. Our mission is to accelerate research by facilitating knowledge integration and communication. For more information, please contact Diane Haines, BioCarta, tel 858.759.4874, fax 858.759.8462, info@biocarta.com


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