LabTech Systems Limited
LabTech Systems Limited (LabTech Systems) is engaged in the development and marketing of innovative automation technologies for diagnostic microbiology used in medical, environmental and food testing laboratories. Its MicroStreak technology is used to automate the preparation of agar plates used in diagnostic microbiology laboratories. The company automates the preparation and streaking of microbiological specimens on to standard agar plates for diagnostic microbiology. It sells this technology under the brand name of PREVI Isola. LabTech Systems is headquartered in Adelaide, Australia.The company reported revenues of (Australian Dollars) AUD 2.22 million during the fiscal year ended June 2009, a decrease of 2.46% from 2008. The operating profit of the company was AUD 0.26 million during the fiscal year 2009, an increase of 15.56% over 2008. The net profit of the company was AUD 0.34 million during the fiscal year 2009, a decrease of 53.32% from 2008.
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