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Cryoport engages Broekman Group to enhance its logistics and operational support in Europe

New "state-of-the-art" operations center to provide convenient, comprehensive cryogenic logistics support for Cryoport's European client base

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Cryoport, Inc., the world's leading provider of advanced cryogenic logistics solutions for the life-sciences industry, announced today that it has engaged Broekman Group, a global logistics company headquartered in Rotterdam, the Netherlands, to provide support to their rapidly expanding European client base. According to the terms of the agreement, Broekman's European operations will support Cryoport's leading-edge cryogenic logistics solutions throughout Europe.

Broekman is a CTPAT/AEO-certified, value-added logistics provider with secure and full-service warehousing facilities. Cryoport's life science clients based in Europe or clients shipping into Europe will benefit from this relationship which, when combined with Cryoport's proprietary solutions and competencies, includes equivalent full service recycling and quality assurance of Cryoport solutions in the United States.

Broekman's professional logistics team will assist Cryoport with tracking, testing, cleaning, maintenance and quality assurance for its Cryoport Express® shippers upon departure and arrival. The scheduling process for all EU pick-ups and arrivals will use Cryoport's advanced operating platform, the Cryoportal(TM). This arrangement enables Cryoport's clients to capitalize on Broekman's strategic location in the Netherlands and its extensive resources to handle and operate Cryoport's solutions in an efficient and timely manner.

Jerrell Shelton, Chief Executive Officer of Cryoport, stated, "We are pleased to begin working with Broekman as our new trusted operations and logistics partner in the European region. With its broad international reach and extensive expertise in logistics, we are confident that Broekman will help us provide our life-science clients with the utmost quality in delivering our solutions. Given our strong client relationships, we anticipate a mutually beneficial partnership as we introduce our solutions to Broekman's current life-science customers. Additionally, Broekman will have the ability to access new markets and address demands from life science companies who are seeking a cutting-edge, cryogenic logistics solution."

Jacques Kleinkramer, Managing Director, Broekman Logistics Division, stated, "Broekman Logistics believes in the value of Cryoport's advanced frozen logistics solutions, and we are dedicated to supporting its continued growth both in Europe and beyond. In our newly created Cryoport Service Center in Rotterdam, a number of our core disciplines come together. Both companies operate under an umbrella of stringent procedures and attention to detail, which is non-negotiable when it comes to temperature-sensitive materials. We are excited to have the opportunity to work with Cryoport as it offers us the ability to gain a foothold in the cold-chain logistics market segment for the life-sciences industry."

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