Brendan Technologies, Inc. Delivers New Analysis Software to Big Pharma That Offers "Quantum Leap" for Drug Development Testing.Pre-Release Version of STATLIA[R] Quantum for the Analysis and Processing of Immunoassay Immunoassay An assay that quantifies antigen or antibody by immunochemical means. The antigen can be a relatively simple substance such as a drug, or a complex one such as a protein or a virus. and Bioassay Bioassay A method for the quantitation of the effects on a biological system by its exposure to a substance, as well as the quantitation of the concentration of a substance by some observable effect on a biological system. Testing Technologies CARLSBAD, Calif. -- Brendan Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BDTE.OB, http://www.brendan.com) has begun placing a pre-release version of its new assay analysis software in several big pharma companies. The software, STATLIA([R]) Quantum, offers a "quantum leap quantum leap n. An abrupt change or step, especially in method, information, or knowledge: "War was going to take a quantum leap; it would never be the same" Garry Wills. " advancement in analysis software for the analysis and processing of immunoassay and bioassay testing technologies, which are critical to the drug development and drug release process. The company is also forming an Advisory Committee with the biopharmaceutical companies that are using the advanced STATLIA Quantum to provide a direct dialogue between participating companies' laboratories and Brendan's development staff, in order to ensure that all custom needs and regulatory requirements are addressed in the software. Brendan has been an innovative leader in the computation and analysis of immunoassays and bioassays, developing and perfecting several new methodologies and analytical processes. Designed on a .NET platform, STATLIA Quantum provides an advanced graphical presentation of the analysis and an automated design to save time in the drug development process by increasing productivity and improving assay performance through better accuracy and analysis. "Our company has been at the forefront of many of the new computational and analysis methods used in immunoassay and bioassay analysis," said John Dunn For the poet, see . John Dunn can refer to:
One of the industry's leading experts in the field of immunoassay and bioassay testing, Dr. Dunn serves as an IBC IBC International Building Code IBC Iraq Body Count IBC Institutional Biosafety Committee IBC Inflammatory Breast Cancer IBC International Business Company IBC Independence Blue Cross IBC Insurance Bureau of Canada IBC International Broadcasting Convention Life Sciences instructor teaching comprehensive training courses on the subject of "Analyzing Biological Assays" to the biopharmaceutical industry. About Brendan Technologies, Inc. Brendan Technologies, a developer and marketer of innovative analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. , is actively providing software solutions to improve the accuracy, quality control, workflow, and regulatory compliance of immunoassay and bioassay testing in laboratories in the biopharmaceutical, clinical, research, veterinarian veterinarian /vet·er·i·nar·i·an/ (vet?er-i-nar´e-an) a person trained and authorized to practice veterinary medicine and surgery; a doctor of veterinary medicine. vet·er·i·nar·i·an n. and agricultural industries. The Company's customers, many of whom are Fortune 1000 organizations, represent some of the largest corporations in their respective fields. Brendan Technologies is continually redesigning and expanding its product lineup to better capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the growing demand of its target markets for more advanced software. Background on Immunoassay Testing Immunoassays are one of the world's largest and fastest growing testing technologies used to diagnose diseases, discover new chemical entities and biological products, provide vital data in the development of drugs in FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. clinical trials, and assist in quality control of drug manufacturing and drug screening. It is also one of the largest technologies used in environmental testing. Currently, $50 billion is spent globally on immunoassay testing, with approximately $1 billion of that being spent on immunoassay software. Immunoassays are highly sensitive Adj. 1. highly sensitive - readily affected by various agents; "a highly sensitive explosive is easily exploded by a shock"; "a sensitive colloid is readily coagulated" and specific chemical tests used to detect and quantify extremely minute substances in blood, body fluid and other biological samples, using an immunological reaction. These tests measure the formation of antibody-antigen complexes and detect them via an indicator reaction. Their high specificity results from the use of antibodies and purified antigens as reagents. High sensitivity is achieved by using an indicator system that results in amplification of the measured product. Immunoassays may be qualitative (positive or negative) or quantitative (amount measured). FORWARD-LOOKING STATEMENTS forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. For a discussion of such risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-KSB, as amended, for the most recently ended fiscal year. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. |
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