SCOTT+REID general contractors

Scott + Reid Completes Construction on Caris Life Sciences Corporate Headquarters Interior finish experts convert existing commercial office building to 172,000 square-foot office / laboratory facility

Dallas - March 30, 2010 - Scott + Reid General Contractors, Inc., a full-service commercial construction company specializing in interior finish and ground-up construction, announces the completion of the Caris Life Sciences (Caris) headquarters in Irving, Texas. The 172,000 square-foot building was converted from commercial office space to a corporate headquarters, and features a 27,000 square-foot laboratory.

The multi-million dollar conversion included the renovation of a three-story atrium, several large training and break-out meeting rooms, a new shipping/receiving loading dock, extensive modifications to the existing parking structure, additional elevators, and high-end finishes throughout the facility. Caris finalized its move into the new facility on February 5, 2010 where it will employ more than 700 at full capacity.

"After partnering with Caris on several smaller projects over the years, we were thrilled to be chosen to finish out the company's new headquarters," said Brad Reid, Scott + Reid President. "Our methodology of fully communicating with the client each step of the way - from site selection assistance and preliminary pricing to final completion was critical to create a facility as unique and complex as this."

The building located at 6655 N. MacArthur Boulevard in Irving was first constructed in 1998 as commercial office space. In March 2008, Scott + Reid partnered with Caris and began assisting them with the conceptual design and preliminary budgeting for their new corporate headquarters. Eight months later, it was hired to convert the building into a laboratory and corporate headquarters. Scott + Reid has previously worked on several projects for the academic-caliber anatomic pathology and molecular diagnostics services company including a complete remodel of the client's billing operations center in Garland, as well as multiple remodels of its office facilities and laboratories.

"When Caris began the search for a new corporate headquarters more than a year and a half ago, we had already experienced more than four years of building and construction with Scott + Reid, through multiple modifications to our former Irving facility as well as  expansion and revisions to our laboratories and  offices near Boston and Phoenix. These projects were conceived, designed, constructed, and completed to meet our high standards," said Joe Ellison, Senior Vice President, Human Resources at Caris Life Sciences. The predictability Scott + Reid provided allowed us to serve our clients and their patients in a seamless manner, while undergoing major construction projects."

"Certainly, we were aware of the successful work Scott + Reid had performed for other laboratories in the previous 10 years, not the least among them Children's Hospital and Reata Pharmaceuticals, but we also knew about the cutting-edge design and construction work completed for First American and Dean Foods; the look and feel of those projects was compelling," said Carol Duncan, Director of Human Resources at Caris. "We appreciated their willingness to work with us through a complex design and approval process, and we had the confidence that Scott + Reid would deliver a beautiful building. We have realized that vision."

"Scott + Reid's corporate culture is an unfailing commitment to quality work, honesty, integrity, dependability and serving the client's every need … all you do is tell them what you need, and you can consider it done," added Dave McGlashan, Caris' Director, Facilities and Real Estate.

"We'd like to congratulate Caris on its new headquarters," Reid said. "With its life-changing diagnostic services, we believe the company offers an unyielding standard of excellence among companies in Dallas/Ft. Worth."

About Scott + Reid

Dallas-based Scott + Reid, Inc. is a full-service commercial construction company specializing in interior finish and ground-up construction. The company creates innovative office space for companies in the following areas: corporate, healthcare, retail, industrial, technology and capital improvements, among a number of others. It has completed projects more than 250,000 square feet in scope to less than 1,000 square feet, treating each client opportunity as important as the next - from the largest corporation to the smallest entrepreneur.

About Carix Life Sciences

According to the Caris Web site, Caris Life Sciences™ and its subsidiary Caris Diagnostics™ are at the forefront of precision healthcare, helping patients and their physicians find the right treatment for cancer and other complex diseases. The company's four areas of focus--anatomic pathology, molecular profiling, pharmaceutical services and research and development--combine current state-of-the-art testing methodologies with emerging technologies. Caris brings better outcomes to patients today and advances the frontier of what is possible tomorrow.

Media Contact:

Summer Cook | Scott + Reid | 469.374.3405 | scook@scottandreid.com

Allison Lowe | HCK2 Partners | 972.499.6631 | allison.lowe@hck2.com