Hollywood, FL 5/23/07; Washington, DC 5/23/07—In a busy week for initial public offerings (IPOs) of laboratory product companies (see below), STARLIMS completed its IPO of common stock on the NASDAQ Global Market on May 23, raising an estimated $25.5 million in net proceeds (see IBO 5/15/07). The offering consisted of 2.1 million ordinary shares priced at $13.50 per share. Underwriters may purchase up to an additional 315,000 shares to cover over-allotments.