Press Releases
US LABS in the News
12/19/2002 12:00:00 AM - US LABS’ Hires CFO with Lab Diagnostics Experience
IRVINE, CA, (December 19, 2002) – US LABS, Inc., a leading provider of cancer diagnostic services, announced today that it has appointed Steve R. Pierce to the position of Chief Financial Officer.
Mr. Pierce brings over 30 years of progressive financial experience with a proven track record of increasing EBITDA and profitability. Mr. Pierce most recent position was with American Medical Laboratories (AML), where he was Executive Vice President and Chief Financial Officer at the time of AML’s acquisition by Quest Diagnostics.
Judd Jessup, US LABS CEO stated,”We are excited to have Steve join the US LABS team. Steve brings experience in having successfully managed large and profitable companies, and has also guided smaller companies through rapid growth cycles. “
Founded in 1997, US LABS is a leading anatomic pathology and cancer genetics reference laboratory that provides critical diagnostic information necessary for screening, diagnosis, and treating patients with cancer. US Labs utilizes state-of-the-art methods and technologies to analyze tissues for cancer. Through its services, the Company is able to diagnose and screen for various forms of cancer, determine a patient’s prognosis and potential response to therapies, and provide genetic testing. With this information, doctors are able to improve patient care and reduce costs through earlier detection of the disease and better treatment protocols. The Company provides its services to hospitals, physician offices, surgery centers, biopharmaceutical companies and research institutions nationwide from its laboratories in Southern California.
Pierce added, “I have been following the lab industry closely and I’m very excited to be part of one of the fastest growing companies in this segment. I truly believe that the consolidation within the anatomic pathology lab sector is creating growth opportunities for high-tech laboratories like US LABS.”
Prior to joining AML, Mr. Pierce was Vice President of Finance and Administration, and Controller of Kellogg Brown and Root, a multi-billion dollar division of Halliburton Industries. Mr. Pierce began his career with General Electric Company under GE’s Financial Management Training Program.
About US LABS
Irvine-based US LABS is a national, diversified health care cancer diagnostic and genomics services company devoted to comprehensive, high quality, rapid response cancer testing. The company provides screening, diagnostic and prognostic cancer testing services to hospitals, physician offices, surgery centers, and research institutions. US LABS serves doctors and patients throughout the United States.
US LABS news releases and other information can be found on the company’s web site at www.uslabs.net. or for more information contact Dennis Walsh, Vice President of Sales and Marketing, 949-450-0145.
