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Silicon Genetics Again Lauded For Rapid Growth



10/19/2005 5:10:32 PM

Additional Awards, Expanded Customer List Highlight Growing Demand for Gene Expression Analysis Solutions

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Nov. 11, 2003--Silicon Genetics today announced that it has received two additional commendations highlighting the company's rapid growth. As a sign of continued expansion, the company also disclosed that it licensed its gene expression analysis products to more than 170 customers during the recently concluded third fiscal quarter. The company earlier disclosed it had earned a spot on Deloitte Technology's coveted Fast 500, a ranking of the 500 fastest growing technology companies in North America. Subsequently, the company has been notified that it was also named to the Deloitte Fast 50 for Silicon Valley, and to the Silicon Valley Business Journal's list of Fastest Growing Private Companies for the third consecutive year.

"We are delighted to have our company recognized yet again," said Saeid Akhtari, president and CEO of Silicon Genetics. "These additional distinctions serve both as a validation of the hard work by everyone in our company, as well as an indication of the value of our expression analysis solutions."

As a promising sign of continued momentum, the company also disclosed it signed on over 170 customers during its recently ended third fiscal quarter. The list includes renewal and/or expansion agreements with a number of past customers, as well as a variety of new relationships with leading organizations involved in all facets of life science research.

"The third quarter included signing significant customers across all sectors of our business, from academic to government, biotech and pharmaceutical organizations," according to Akhtari. "It confirms the growing role of gene expression analysis as a fundamental technology across all facets of life science research, and is an indication of the value of our powerful and comprehensive solutions. We are honored to be selected as the expression analysis tool of choice by such a wide range of the world's leading research and commercial organizations."

The list of third quarter customers include leading commercial organizations like GlaxoSmithKline, Schering-Plough Corporation, and Bayer Corporation; leading academic sites like the University of Pennsylvania, Johns Hopkins University, and Stanford University; and major research organizations like the U.S. Environmental Protection Agency, the Scripps Research Institute, the Sloan Kettering Cancer Center and the Sanger Center.

About Silicon Genetics

Silicon Genetics is the leading provider of expression data analysis and management solutions that accelerate the pace of functional genomics research and drug discovery. With combined expertise in biostatistics, molecular biology, and information technology, Silicon Genetics is the only company to offer scalability that meets the demands of both high throughput sample volumes and increasing numbers of users. Thousands of scientists at hundreds of organizations, including 11 of the world's top 13 pharmaceutical companies, currently use Silicon Genetics desktop and enterprise solutions to advance their research. Additional information about Silicon Genetics and its products and services can be found at www.silicongenetics.com.

Contact:

Silicon Genetics Kevin Wandryk, 650-367-9600 information@silicongenetics.com

Source: Silicon Genetics


Read at BioSpace.com


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