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02/14/05
-- Lumera Corporation (Nasdaq: LMRA) and The Institute for Systems Biology (ISB)
have agreed to collaborate in the development of a high-throughput,
label-free detection platform designed to revolutionize proteomics research.
The
technology platform consists of Lumera's ProteomicProcessor(TM) and
NanoCapture(TM) Array technology. The ProteomicProcessor(TM) tool reads
Lumera's high density NanoCapture(TM) Microarrays in real-time, without the
use of molecular labels. By combining these technologies, researchers will
be able to isolate, compile and process vast amounts of data at high-speeds
to accelerate proteomic research.
Protein-protein, protein-drug, and protein-DNA interactions can be measured
with the new system. Real-time kinetics measurements are provided for the
binding interactions from complex mixtures on thousands of user-defined
spots on the high density NanoCapture(TM) Microarrays.
"We are
extremely pleased to work with ISB on this exciting proteomics project. We
believe that combining NanoCapture(TM) arrays with real-time detection will
revolutionize the way and the speed at which proteomics research is done,"
said Lumera Chief Executive Officer Tom Mino. "Our intention is to bring
this technology to market as a user-definable, open platform product family
as quickly as possible."
"By
eliminating the need for labels in a high throughput format, Lumera has
removed one of the major road blocks in protein research," said Stephen
Lasky, ISB's Director of Technology Development. "Lumera's
ProteomicProcessor(TM) has the potential to give us the capability to look
at large networks of binding interactions while, at the same time, providing
us with specific interaction kinetics of each individual binding event,"
Lasky continued. "Until now, there has been no feasible method of doing
anything like this on a systems-wide level."
About Lumera
Lumera is an
emerging leader in the field of nanotechnology. The company designs
proprietary molecular structures and polymer compounds for a broad range of
bioscience, electro-optic, and specialty nanotechnology applications. The
company also has developed proprietary processes for fabricating such
devices. For more information, please visit http://www.lumera.com/.
Certain
statements contained in this release are forward-looking statements that
involve a number of risks and uncertainties. Factors that could cause actual
results to differ materially from those projected in the company's
forward-looking statements include the following: market acceptance of our
technologies and products; our ability to obtain financing; our financial
and technical resources relative to those of our competitors; our ability to
keep up with rapid technological change; government regulation of our
technologies; our ability to enforce our intellectual property rights and
protect our proprietary technologies; the ability to obtain additional
contract awards and to develop partnership opportunities; the timing of
commercial product launches; the ability to achieve key technical milestones
in key products; and other risk factors identified from time to time in the
company's SEC reports, including in its registrations statement on Form S-1,
dated July 22, 2004 and its Quarterly Reports on Form 10-Q.
Source: Lumera Corporation
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