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TECHNE CORPORATION DECLARES DIVIDEND
Minneapolis/February 1, 2011/ -- Techne Corporation (NASDAQ:TECH) announced
that its Board of Directors has decided to pay a dividend of $0.27 per share
for the quarter ended December 31, 2010. The quarterly dividend will be
payable February 28, 2011 to all common shareholders of record on February
11, 2011. Future cash dividends will be considered by the Board of Directors
on a quarterly basis.
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Techne Corporation has two operating subsidiaries: Research and Diagnostic
Systems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe,
Ltd. (R&D Europe) of Abingdon, England. R&D Systems is a specialty
manufacturer of biological products. R&D Systems has two subsidiaries,
BiosPacific, Inc. (BiosPacific), located in Emeryville, California and R&D
Systems China Co. Ltd., (R&D China), located in Shanghai, China. BiosPacific
is a worldwide supplier of biologics to manufacturers of in vitro diagnostic
systems and immunodiagnostic kits. R&D China and R&D Europe distribute
biotechnology products.
Contact: Greg Melsen, Chief Financial Officer
Kathy Backes, Controller
(612) 379-8854
