Applied Biosystems Announces Launch of Productivity Pack for ABI PRISM Genetic Analyzers.Business Editors & Biotechnology/High-Tech Writers FOSTER CITY, Calif.--(BW HealthWire)--Nov. 30, 2000 Applied Biosystems Applied Biosystems, Inc. (formerly NASDAQ: ABIO) is the original name of a pioneer biotechnology company founded in 1981 in Foster City, California, among the Silicon Valley cities of the southern San Francisco Bay Area. Group (NYSE NYSE See: New York Stock Exchange :ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. ), an Applera Corporation business, today introduced a new Productivity Pack intended to offer customers using the family of ABI PRISM(R) genetic analyzers a substantial improvement in productivity. The Pack has three components: -- New ABI PRISM(R) BigDye(TM) Terminators Version 3.0 DNA sequencing chemistry for all capillary and slab-gel-based systems. -- An improved polymer to allow customers using the ABI PRISM(R) 3700 DNA Analyzer to perform an additional two to four sequencing runs per day. Currently customers can perform up to eight runs per day using the 3700 DNA Analyzer. -- New ABI PRISM(R) 3700 Data Collection Software Version 2.0 that enables unattended operation for up to 48 hours. "These new tools could provide a significant increase in productivity for our customers, particularly those conducting high-throughput genomic research," said Michael W. Hunkapiller, Ph.D., president, Applied Biosystems. "They enable processing of both more samples per day and longer sequencing reads from each sample, providing greater capability at approximately the same cost per experiment. All of these additional capabilities have been identified as priorities by our customers." Initial deliveries of the Productivity Pack components tailored for use on the ABI PRISM(R) 3700 DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Analyzer are expected to begin at the end of January 2001, with subsequent releases planned to accommodate customers with the ABI PRISM(R) 310 and 3100 Genetic Analyzers. These enhanced products are part of ongoing Applied Biosystems programs focused on the improvement of throughput and results through the introduction of new reagents, separation polymers and software. PE Corporation has announced that the previously-announced name change to Applera Corporation became effective today. This new name is a combination of the names of the company's two operating businesses, the Applied Biosystems Group and the Celera Genomics Group. The PE Biosystems Group name change to the Applied Biosystems Group also became effective today, and its stock symbol on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE) changed from PEB PEB Physical Evaluation Board PEB Presidential Emergency Board PEB Post Exposure Bake PEB Professional Engineers Board (Singapore) PEB Pre-Engineered Building PEB Personal Electronic Ballot PEB Performance Evaluation Board to ABI at the opening of trading today. The NYSE symbol for the Celera Genomics Group remains CRA See Community Reinvestment Act. . Applera Corporation changed its web address from www.pecorporation.com to www.applera.com effective today. Applera Corporation, formerly PE Corporation, comprises two operating groups. The Applied Biosystems Group (NYSE:ABI) develops and markets instrument-based systems, reagents, software, and contract services to the life science industry and research community. Customers use these tools to analyze nucleic acids Nucleic acids The cellular molecules DNA and RNA that act as coded instructions for the production of proteins and are copied for transmission of inherited traits. (DNA and RNA RNA: see nucleic acid. RNA in full ribonucleic acid One of the two main types of nucleic acid (the other being DNA), which functions in cellular protein synthesis in all living cells and replaces DNA as the carrier of genetic ) and proteins in order to make scientific discoveries, develop new pharmaceuticals, and conduct standardized testing. Applied Biosystems is headquartered in Foster City, and reported sales of $1.4 billion during fiscal 2000. The Celera Genomics Group (NYSE:CRA), headquartered in Rockville, Md., intends to become the definitive source of genomic and related medical information. Information about Applera Corporation, including reports and other information filed by the company with the Securities and Exchange Commission, is available on the world wide web at www.applera.com, or by telephoning 800/762-6923. Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe," "expect," "intend," "anticipate," "should," "planned," "estimated," and "potential," among others. These forward-looking statements are based on Applera Corporation's current expectations. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for such forward-looking statements. In order to comply with the terms of the safe harbor, Applera Corporation notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. The risks and uncertainties that may affect the operations, performance, development, and results of Applied Biosystems businesses include but are not limited to (1) rapidly changing technology and dependence on new products; (2) claims for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. ; (3) earthquakes; and (4) other factors that might be described from time to time in Applera Corporation's filings with the Securities and Exchange Commission. Note to Editors: Applera, Celera, and Celera Genomics are trademarks and ABI PRISM and its design and Applied Biosystems are registered trademarks of Applera Corporation or its subsidiaries in the U.S. and certain other countries. |
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