Corporate Profile for Molecular Dynamics, Inc., dated Aug. 7, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0- Published Date: Aug. 7, 1998 Company Name: Molecular Dynamics, Inc. Address: 928 E. Arques Ave. City/State/Zip: Sunnyvale, CA 94086 Main Telephone Number: 408/773-1222 Internet Home Page Address(URL): http://www.mdyn.com Chief Executive Officer: Jay Flatley Chief Financial Officer: Jay Flatley Investor Relations Contact: Lynne Wagoner Business Telephone Number: 408/737-3002 Trading Symbol/Exchange: NASDAQ:MDYN Industry: Biotechnology Market Makers: H & Q, Baird -0- Company Description: Molecular Dynamics Molecular dynamics (MD) is a form of computer simulation wherein atoms and molecules are allowed to interact for a period of time under known laws of physics, giving a view of the motion of the atoms. develops, manufactures, and markets integrated systems that accelerate genetic discovery. The company combines laser-scanning, electro-optical and software technologies to produce advanced bioanalytical instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. and DNA sequencing DNA sequencing The determination of the sequence of nucleotides in a sample of DNA. systems. These systems greatly improve the productivity of molecular and cell biologists by automating routine procedures, increasing the speed and accuracy of quantitation, and enabling new bioanalytical method development. Working closely with customers and strategic partners, Molecular Dynamics has taken a highly collaborative approach to develop next-generation systems for high-throughput High-throughput may refer to:
microarray - A technique for performing many DNA experiments in parallel. Nothing to do with computers. technology. These systems integrate hardware, software, and optimized reagent reagent /re·a·gent/ (re-a´jent) a substance used to produce a chemical reaction so as to detect, measure, produce, etc., other substances. re·a·gent n. chemistry with open architecture and robust platforms for production genomics environments. Molecular Dynamics markets its products worldwide to biotechnology, pharmaceutical and chemical companies, academic institutions, and government laboratories. A sales and distribution network covers 29 countries and is augmented by in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. application experts and service personnel committed to total customer support. Jay Flatley, President/CEO Lynne Lynne may refer to: In places:
a term for an animal that does not usually bark which makes a violent respiratory effort, often during a convulsion, accompanied by a sound which roughly resembles a dog's bark. , Vice President, Research/Business Development Bud Bromley, Senior Vice President, Sales/Marketing -0-
High Low
1st Quarter 1996 8.00 5.50
2nd Quarter 1996 8.75 4.86
3rd Quarter 1996 7.63 5.25
4th Quarter 1996 14.63 7.38
1st Quarter 1997 16.75 10.63
2nd Quarter 1997 17.50 10.50
3rd Quarter 1997 28.13 12.63
4th Quarter 1997 27.38 13.63
Annual Sales Figures
FY 1997 55.7M
Q2 1998 15.2M
Net Income
FY 12/97 4.9M
Q2 1998 1.3M
CONTACT: Molecular Dynamics, Inc.
http://www.mdyn.com
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