IDEXX Laboratories Sponsors 2005 Hambletonian Presentation on New Pain-Management Approaches [Trade]

"We are excited about our expanding involvement in this preeminent racing event, particularly as IDEXX continues to introduce innovative solutions in patient care and practice management," said Scott Moffitt, Director of Equine Marketing. "We are dedicated to supporting the advancement of knowledge in this industry through our sponsorship of the continuing education (CE) seminars for veterinarians. This year's impressive array of CE topics will provide practitioners the opportunity to learn valuable new insights into equine medicine and running a successful practice."

Continuing education seminars will take place on Friday, August 5, at the Sheraton Meadowlands hotel. The IDEXX-sponsored presentation, "A New Approach to Pain and Inflammation in the Horse," will be presented by Craig F. Shoemaker, DVM, MS, whose career spans private practice and industry leadership. Dr. Shoemaker will provide a comprehensive update on new methods for diagnosing and treating lameness.

Other featured talks include "New Data on Equine Infectious Diseases: Neurologic Herpes, Strangles and Influenza" by Robert E. Holland, Jr., DVM, PhD; and the "National Commission on Veterinary Economic Issues (NCVEI) Update on Benchmarking Equine Practices—Why Benchmarking Drives Better Performance," by Howard Rubin.

Hambletonian attendees will also have a chance to talk with IDEXX representatives about more than twenty equine products and services offered by the company, including SURPASS®, Navigator® (32% nitazoxanide) Paste, the Equine Health Profile chemistry profile for the IDEXX VetTest® Chemistry Analyzer, and Streptococcus equi ELISA and PCR tests from IDEXX Equine Biodiagnostics, the company's equine-focused reference laboratory.

About IDEXX Laboratories

IDEXX Laboratories, Inc. is a leader in companion animal health, serving practicing veterinarians around the world with innovative, technology-based offerings, including a broad range of diagnostic products and services, practice-management systems and therapeutics. Our products enhance the ability of veterinarians to provide advanced medical care and to build more economically successful practices. IDEXX is also a worldwide leader in providing diagnostic tests and information for the production animal industry and tests for the quality and safety of water and milk. Headquartered in Westbrook, Maine, IDEXX Laboratories employs more than 3,000 people and offers products to customers in over 100 countries.

Note Regarding Forward-Looking Statements

This press release contains statements about the Company's business prospects that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's expectations of future events as of the date of this press release, and the Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments. Actual results could differ materially from management's expectations. Factors that could cause or contribute to such differences include the following: the Company's ability to develop, manufacture, introduce and market new products and enhancements to existing products; the effectiveness of the Company's sales and marketing activities; the Company's ability to develop, license or obtain rights to new technologies; the Company's ability to identify acquisition opportunities, complete acquisitions and integrate acquired businesses; the impact of competition and technological change on the markets for the Company's products; the effect of government regulation on the Company's business, including government decisions about whether and when to approve the Company's products and decisions regarding labeling, manufacturing and marketing products; the impact of distributor purchasing decisions on sales of our products that are sold through distribution; changes or trends in veterinary medicine that affect the rate of use of the Company's products and services by veterinarians; the Company's ability to obtain patent and other intellectual property protection for its products, successfully enforce its intellectual property rights and defend itself against third party claims against the Company; disruptions, shortages or pricing changes that affect the Company's purchases of products and materials from third parties, including from sole source suppliers; the effects of government regulatory decisions, customer demand, pricing and other factors on the realizability of the Company's inventories; the Company's ability to manufacture complex biologic products; the effects of operations outside the U.S., including from currency fluctuations, different regulatory, political and economic conditions, and different market conditions; and the loss of key employees. A further description of these and other factors can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2004 (2.6 MB), and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2005 (2.4 MB), in the section captioned "Management's Discussion and Analysis of Financial Condition and Results of Operations."