MWI Veterinary Supply and IDEXX agree on terms of new relationship

MWI Veterinary Supply announced that it has agreed with IDEXX Laboratories on the terms of a new, non-exclusive distributor relationship pursuant to which MWI will continue to work with IDEXX as a business partner. The terms of the new relationship which will become effective on January 1, 2013 will permit MWI to carry IDEXX's diagnostic products and other products which compete with IDEXX's diagnostic products. MWI will continue to offer the value-added services that we have developed with IDEXX. The change in our relationship with IDEXX is subject to the negotiation of a mutually acceptable definitive agreement between MWI and IDEXX. MWI understands that IDEXX intends to seek review of the agreement by the Federal Trade Commission prior to execution.