SRU Biosystems Receives Key Industry Patent For Label-Free Detection Technology

WOBURN, Mass., Oct. 16 /PRNewswire/ -- SRU Biosystems announced today that U.S. Patent 7,118,710 (the ‘710 patent), entitled “Label-Free High-Throughput Optical Technique for Detecting Biomolecular Interactions” was issued to SRU Biosystems, Inc. on October 10, 2006.

“The ‘710 patent further solidifies our preeminent position in label-free detection and related instrumentation, where we continue to set the standard,” stated SRU Biosystems’ President & CEO Owen Dempsey. “SRU’s BIND(TM) system provides drug discovery and development companies not only with cutting-edge label-free technology, but also with high throughput capability, simplified assay development, and industry standard formats. These features result in improved efficiency and cost-effectiveness for our customers.”

About the BIND(TM) System

BIND(TM) from SRU Biosystems enables label-free detection of biomolecular interactions. The currently commercially available system is comprised of the BIND Reader(TM) and 96- or 384-well microplate biosensors. The BIND(TM) system takes advantage of a novel optical effect to provide very sensitive measurement of binding on the biosensor surface. The biosensor incorporates a proprietary nanostructured optical grating, which is incorporated in microwell plates in industry standard formats. The BIND(TM) system can deliver higher quality assay data as well as improved throughput and associated cost savings.

About SRU Biosystems

SRU Biosystems, Inc., is a life science company developing novel technologies for rapidly analyzing the interactions of large genomic, protein, peptide, antibody or small molecule compound libraries against a wide range of biochemical targets. SRU is incorporating its technology into microwell plates, microarray slides and other industry standard formats to create sensitive and high throughput tools that can be used to answer important biological questions for biomedical research, pharmaceutical drug discovery and diagnostics.

For more information, please contact: Brant Binder, CFO Bbinder@srubiosystems.com +1 781-933-7255, ext. 202

SRU Biosystems, Inc.

CONTACT: Brant Binder, CFO of SRU Biosystems, Inc., +1-781-933-7255, ext.202, Bbinder@srubiosystems.com

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