CombiMatrix Announces First in a Series of Oncology Expression Arrays - Core 67 Cancer Array.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Acacia Research Corporation (Nasdaq:CBMX) (Nasdaq:ACTG ACTG Acting ACTG AIDS Clinical Trial Group ACTG Actuating/Actuator ) announced today that its CombiMatrix group has launched a new CustomArray(TM) Core 67 Cancer Array. This array enables researchers to screen and monitor the 67 genes that have recently been identified as markers of multiple types of cancer. A recent study published in the "Proceedings of the National Academy of Sciences The Proceedings of the National Academy of Sciences of the United States of America, usually referred to as PNAS, is the official journal of the United States National Academy of Sciences. " by a team lead by Dr. Arul Chinnaiyan of the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. Medical School, identified 67 genes, which were universally activated in multiple cancers. This comprehensive study evaluated expression signatures from 40 studies comprising over 3700 cancer samples. These 67 genes constitute what the University of Michigan scientists call cancer's meta-signature - a core set of essential genes, which triggers the transformation from normal cells to cells that are neoplastic neoplastic /neo·plas·tic/ (ne?o-plas´tik) 1. pertaining to a neoplasm. 2. pertaining to neoplasia. neoplastic pertaining to neoplasia or a neoplasm. , or growing abnormally. The cancers studied in this program included, prostate, colon, lung, breast, bladder, pancreatic, certain lymphomas, leukemias, and others. The publication can be found at www.pnas.org/cgi/doi/10.1073/pnas.0401994101. "We are pleased that our work is being recognized by CombiMatrix through the launch of a microarray utilizing our published data," stated Dr. Chinnaiyan. "We are looking forward to additional work in this area and more appropriate products that allow researchers to benefit from our research." "Our Core 67 Cancer Array will enable researchers to quickly utilize the exceptional work published by Dr. Chinnaiyan's team," stated Dr. Amit Kumar, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CombiMatrix. "This study is the type of work that is required for the development of a molecular diagnostics market. As additional research links diseases to genes, CombiMatrix plans to rapidly provide new products enabling researchers to benefit from such new information." CombiMatrix's technology enables researchers to customize an array for any organism and standardize their expression results on a single platform using the most up to date information while maintaining the capability to compare to existing data. This helps ensure consistent and reproducible array results and facilitates data sharing around the world. ABOUT CUSTOMARRAY(TM) CustomArrays(TM) are semiconductor-based arrays (approx. 1 cm(2)) integrated onto a standard 1" x 3" slide format. CombiMatrix synthesizes oligonucleotides in situ In place. When something is "in situ," it is in its original location. to build CustomArrays. This revolutionary technology allows CombiMatrix to deliver CustomArrays in days. Sensitivity and performance metrics are available on the company's main web site and at www.customarray.com. Researchers can place orders for CustomArray products by contacting CombiMatrix at (800) 985-2269 or by accessing CombiMatrix's order site at www.customarray.com. ABOUT ACACIA RESEARCH CORPORATION Acacia Research Corporation comprises two operating groups: Acacia Technologies Group and CombiMatrix Group. The CombiMatrix group is developing a platform technology to rapidly produce customizable active biochips, which are semiconductor-based tools for use in identifying and determining the roles of genes, gene mutations and proteins. CombiMatrix's technology has a wide range of applications including 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. synthesis/diagnostics, siRNA synthesis, drug discovery, and immunochemical im·mu·no·chem·is·try n. The chemistry of immunologic phenomena, as of antigen-antibody reactions. im detection. CombiMatrix provides DNA arrays to researchers under the CustomArray(TM) brand. CombiMatrix's Express Track(SM) drug discovery program is a systems biology approach, using its technology, to target common viral diseases with siRNA compounds. The Acacia Technologies Group develops, acquires, and licenses patented technologies. Acacia's DMT See DSL. technology, which is supported by 5 U.S. and 31 foreign patents, relates to audio and audio/video transmission and receiving systems commonly known as audio-on-demand, video-on-demand, and audio/video streaming, and is used for distributing digital content via several means including Internet, cable, satellite and wireless systems. Acacia Research-Acacia Technologies (Nasdaq:ACTG) and Acacia Research-CombiMatrix (Nasdaq:CBMX) are both classes of common stock issued by Acacia Research Corporation and are intended to reflect the performance of the respective operating groups and are not issued by the operating groups. Information about the Acacia Technologies Group and the CombiMatrix Group is available at www.acaciaresearch.com. 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. Statement under 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: This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , recent and forthcoming Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. |
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