Market Overview

Jeff Sumner Named Vice-President, Business Development and Chief Scientific Officer at LifeLabs

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TORONTO, ONTARIO--(Marketwire - Nov. 1, 2012) - LifeLabs Medical Laboratory Services today announced the appointment of Jeff Sumner to the position of Vice-President, Business Development and Chief Scientific Officer.

Mr. Sumner will lead LifeLabs' pursuit of growth and diversification in the rapidly evolving diagnostic laboratory sector. As LifeLabs' Chief Scientific Officer, Mr. Sumner will also oversee LifeLabs' research activities and advance LifeLabs' already high standards for quality, while identifying new products and services to meet the needs of patients and healthcare providers.

Mr. Sumner has formidable experience and is an acknowledged leader in the community laboratory sector. In addition to holding a senior executive position in the community lab sector for over a decade, Mr. Sumner has also been responsible for leading hospital laboratories at St. Michael's Hospital in Toronto and McKellar Hospital in Thunder Bay, as well as holding teaching appointments at the Thunder Bay Institute of Medical Technology and Lakehead University. Mr. Sumner is a chartered scientist, a Fellow of the Institute of Biomedical Sciences in the UK and a registered Medical Laboratory Technologist.

"Mr. Sumner brings a wealth of experience in laboratory science, community and hospital laboratory operations and business development. Jeff's laboratory and scientific experience is among the most respected in our sector," said Sue Paish, CEO of LifeLabs. "We are indeed very lucky to have someone with Jeff's credentials, experience and reputation joining LifeLabs."

About LifeLabs:

LifeLabs Medical Laboratory Services (LifeLabs) provides laboratory testing services, which help physicians and other healthcare professionals diagnose, treat, monitor and prevent disease in patients. LifeLabs employs more than 3,000 professionally trained staff who delivers more than 50 million laboratory tests annually to over 10 million patients and nearly 20,000 physician customers. LifeLabs has operated in Canada for nearly 50 years. Today it is owned by Borealis, a global leader in infrastructure investing, with assets in energy, transportation and infrastructure buildings, including long-term care facilities and hospitals, pipelines and telecommunications. For information, visit www.lifelabs.com.

FOR FURTHER INFORMATION PLEASE CONTACT:
LifeLabs Medical Laboratory Services
Mitchell Toker
Director, Public Affairs
(416) 675-4530 ext. 2880
Mitchell.toker@lifelabs.com
www.lifelabs.com

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