Cell Line Genetics Honored as One of the 2011 “Wisconsin Companies to Watch”

MADISON, Wis. & NEW YORK--(BUSINESS WIRE)--Cell Line Genetics, LLC (“CLG”), a leader in Stem Cell Quality Assurance (“QA”) services and products, has been recognized as one of the thirty-three 2011 “Wisconsin Companies to Watch,” an awards program presented by the Wisconsin Entrepreneurs’ Network (WEN) with support from the Wisconsin SBDC Network and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation.

“I’m pleased to recognize the winners of the Companies To Watch Award”

Cell Line Genetics was honored at an awards ceremony during the inaugural Wisconsin Companies to Watch gala on May 5, 2011, at the Monona Terrace Community and Convention Center in Madison. Co-founders Julie Johnson and Lorraine Meisner, and Chief Business Officer, Rob Herrera attended the ceremony.

“We are honored to be recognized as a Wisconsin Company to Watch by an organization with the stature of the Edward Lowe Foundation,” commented Mr. Herrera. “We feel this award validates our growth and our key role in the Regenerative Medicine Market. Cell line quality assurance is a fundamental component of stem cell R&D, and its importance will continue to grow as regenerative medicine solutions move to the market. We look forward to future success and recognition.”

“I’m pleased to recognize the winners of the Companies To Watch Award,” said Department of Commerce Secretary Paul Jadin. “These companies are poised for future growth and will help drive investment and job creation in Wisconsin.”

With this award, companies such as Cell Line Genetics are recognized for their exceptional entrepreneurial leadership, innovation, and sustainable competitive advantage. With 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, the companies that make up the Wisconsin Companies to Watch represent all regions of the state and a diverse range of industries.

Winners were selected by judges from the banking, economic development, entrepreneurial and angel communities.

Wisconsin Companies to Watch is presented by the Wisconsin Entrepreneurs’ Network (WEN) with support from the Wisconsin SBDC Network and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation.

Support for Wisconsin Companies to Watch is generously provided by the Wisconsin SBDC Network, Reinhart Boerner Van Deuren SC, Kenosha Area Business Association, Madison Gas and Electric and Thrive. Additional services are provided by Wisconsin Economic Development Association and BioForward.

About Cell Line Genetics

Cell Line Genetics, LLC is a leading provider of multi-species Quality Assurance services and products for the Regenerative Medicine market. Headquartered in Madison, Wisconsin and with offices in New York City, CLG’s clients include leading universities and research institutes, as well as biotechnology and pharmaceutical companies. For a complete list of CLG products and services please visit www.clgenetics.com.