Strategic Diagnostics Appoints Kevin J. Bratton As Chief Financial Officer

Tuesday, May 26, 2009 4:54 PM

(Source: PRNewswire)trackingNEWARK, Del., May 26 /PRNewswire-FirstCall/ -- Strategic Diagnostics Inc. (Nasdaq: SDIX) - today announced that Kevin J. Bratton has joined the Company as its Vice President of Finance and Chief Financial Officer, effective June 1, 2009. Mr. Bratton was most recently Senior Vice President Business Operations for EUSA Pharma (USA), Inc. in Langhorne, Pennsylvania. Mr. Bratton had been Senior Vice President and Chief Financial Officer of Cytogen Corporation in Princeton, New Jersey prior to its acquisition by EUSA Pharma, Inc. in May 2008.

Mr. Bratton has over 35 years of experience in all phases of multi-national financial operations across the healthcare, biotechnology and technology industries, including developing strategic plans and annual budgets as well as financing negotiations and merger & acquisition transactions. Most recently at EUSA Pharma (USA), Mr. Bratton's responsibilities included business development and sales in Latin America and Canada. At Cytogen, he led the financial review of strategic alternatives resulting in an acquisition by EUSA Pharma, Inc. Prior to joining Cytogen, Mr. Bratton was Chief Financial Officer at Metrologic Instruments, Inc., a global technology company, where he directed the company's finance operations during a period of significant growth in sales, net income, cash flow from operations, and working capital. Previously, Mr. Bratton worked at The JPM Company, where he served as chief financial officer and as director of external reporting. Prior to joining JPM, Mr. Bratton worked for more than 20 years in the healthcare sector. He was vice president of finance and treasurer for the biotechnology company IGI, Inc., and corporate controller for the specialty medical company Delmed, Inc. Mr. Bratton began his career with the public accounting firm Touche Ross & Co. (now Deloitte & Touche LLP). He has a bachelor of science in business and accounting from Northeastern University.

"We welcome Kevin to SDI's executive team," commented Fran DiNuzzo, the Company's President and CEO. "Kevin comes to SDI with a wealth of knowledge and experience in lead financial roles, most recently in the life sciences arena. His various CFO positions have allowed him to work on a variety of strategic plans and financing deals. He will play a crucial role at SDI in helping us align our dynamic business focus with our financial strategy. As we continue to leverage our core technology platforms and emerge in the life sciences marketplace, we will look to Kevin to effectively maximize our financial resources and create value moving forward."

"I am thrilled to join the SDI team," added Mr. Bratton.


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