Cryo-Save Group N.V. (Euronext: CRYO, 'Cryo-Save', or 'the Group'), the leading international family stem cell bank, stored 39,900 new samples in 2011, up 4% (2010: 38,300 new samples).
Highlights:
· 10,300 new samples stored in Q4 2011, up 3% compared to previous quarter (Q3 2011:10,000). Of these, 6,400 were new cord blood samples and 3,900 new cord tissue samples. 10,400 new samples were stored in Q4 2010.
· 39,900 new samples stored in 2011, up 4% compared to previous year (2010:38,300). Of these, 25,200 were new cord blood samples and 14,700 new cord tissue samples.
· 204,000 samples have been stored in total at 31 December 2011.
· The cash balance increased to approximately €7 million at 31 December 2011.
Arnoud van Tulder, Chief Executive officer, commented:
"We are pleased to report a new company record of almost 40,000 new samples stored in a year, and crushing the landmark of having more than 200,000 samples stored in our ultramodern state-of the art processing and storage facilities.
"We are confident that our growth strategy will result in continued increasing storage volumes in 2012".
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