Notably, this month we began our formal clinical trials for our illumigene C. difficile product, our first DNA amplification test utilizing the loop amplification (LAMP) technology licensed from Eiken Chemical Co. of Japan. These trials are expected to last approximately 8 weeks and we plan to submit our 510k for FDA marketing clearance in April of this year. We are encouraged by our preliminary trials of illumigene as well as the response from our key customer previews. We are continuing to invest in this development program and anticipate launching additional illumigene tests in the future. Barring any unforeseen delays, we are now targeting revenue contributions from the illumigene C. difficile product during the second half of fiscal 2010.

The outlook for fiscal 2010 is bright. Our Diagnostics business units continue to add market share and improved profitability in respiratory testing. The growth of foodborne testing continues at double-digit rates and our managed care programs are generating strong H. pylori demand. New products, new technologies and potential acquisitions are likely to drive further growth this year. The resources that we have applied to our Life Science business are producing growth along with enhanced profitability. Our commitment to international growth is being realized, especially through our new distribution partners."

William J. Motto, Executive Chairman of the Board, said, Fiscal 2010 started strong primarily due to increased demand for upper respiratory tests, improved operating results at our Life Science unit, and continued growth in foodborne tests. We are maintaining our previously issued fiscal 2010 guidance of net sales in the $160 million to $165 million range and per share diluted earnings between $0.90 and $0.95. Our cash dividend declared for the first quarter reflects the increased indicated annual rate of $0.76 per share, up 12% from the prior fiscal year.

We look forward to the commercial introduction of our illumigene molecular-based platform later this fiscal year, as well as other new product introductions and continued efficiency improvements. Our financial condition is sound and our cash flow strong. As always, we continue to investigate potential external growth opportunities through acquisitions and alliances.