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Laboratory software provider STARLIMS files for IPO, announces terms

May 4, 2007

STARLIMS, an Israeli provider of laboratory information management systems (LIMS) which manage collection, processing, storage, retrieval, and analysis of data, filed for a U.S. IPO Friday. The company currently trades on the Tel Aviv Stock Exchange and has applied to list its shares on the NASDAQ. STARLIMS is planning to sell 2.1 million shares in a price range of $13.50 to $15.50. Oppenheimer and JMP Securities are underwriting the deal.