Business Description

IDEXX was incorporated in Delaware in 1983. We develop, manufacture, and distribute products and provide services primarily for the companion animal veterinary; livestock, poultry and dairy; and water testing industries. We also manufacture and sell human medical point-of-care diagnostic products. Our primary products and services are: • Point-of-care veterinary diagnostic products, comprised of instruments, consumables, and rapid assay test kits; • Veterinary reference laboratory diagnostic and consulting services; • Practice management systems, software and diagnostic imaging systems and services used by veterinarians; • Health monitoring, biological materials testing, laboratory diagnostic instruments, and services used by the biomedical research community; • Diagnostic and health-monitoring products for livestock, poultry, and dairy; and • Products that test water for certain microbiological contaminants. Our Purpose is to be a great company that creates exceptional long-term value for our customers, employees, and stockholders by enhancing the health and well-being of pets, people, and livestock. DESCRIPTION OF BUSINESS BY SEGMENT We operate primarily through three reportable business segments: Companion Animal Group, Water quality products, and Livestock, Poultry and Dairy. Our Other operating segment combines and presents our human medical diagnostic products business with our out-licensing arrangement because they do not meet the quantitative or qualitative thresholds for