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DNAPrint genomics, Inc. Partners to Develop Pharmacogenomics Company Serving the 3.5 Billion Southeast Asian Population.


Business Editors/Health & Medical Writers

SARASOTA, Fla.--(BW HealthWire)--July 17, 2001

DNAPrint genomics, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DNAP DNAP Division of Natural Areas and Preserves
DNAP Diplôme National d'Arts Plastiques (French: Visual Arts National Diploma)
DNAP DNAPrint Genomics, Inc.
) announced today that it has entered into a joint venture with DNAPRO (M) SDN BHD of Selangor, Malaysia to expand DNAPrint's pharmacogenomics presence overseas. The partnership establishes a new subsidiary, DNAPrint genomics (M) SDN BHD, that will be the world's first to devote all of its efforts to the development of genomics-based, personalized medical products specifically geared for Malaysian, Indonesian and other Southeast Asian populations.

The new subsidiary will combine DNAPrint know-how, informatics, and data resources (SNP SNP Scottish National Party

Noun 1. SNP - (genetics) genetic variation in a DNA sequence that occurs when a single nucleotide in a genome is altered; SNPs are usually considered to be point mutations that have been evolutionarily
 maps and Haplotype haplotype /hap·lo·type/ (-tip) the group of alleles of linked genes, e.g., the HLA complex, contributed by either parent; the haploid genetic constitution contributed by either parent.

hap·lo·type
n.
 vectors) with DNAPRO's established political and business infrastructure to perform population genetic research and develop genomics-based classification products relevant to the Southeast Asian market.

The scientific basis for the partnership.

Most pharmacogenomics "solutions" generated to date do not comprehensively explain drug response variation within the human population. One of the many reasons the solutions are incomplete is that they are focused on Western patient donors. The genetic causes for variable drug response are heterogeneous among the various peoples of the world, and a classification/diagnostic kit that works very well for Caucasians may work poorly for individuals of Asian descent. To generate complete, broadly useful and sensitive drug-patient classification kits, population studies of international representation are required.

To date, Southeast Asian populations and ethnic subgroups have been poorly represented in genomics research and product development efforts. The vast majority of pharmacogenomics research is conducted in North America and Europe primarily because of the difficulties in obtaining specimens from countries such as Malaysia, Indonesia and many other Southeastern Asian countries. By establishing a subsidiary with an established and respected Malaysian biotechnology presence, DNAPrint has secured access to a broad range of specimens that allow for the development of pharmacogenomics classification products for this specific population (Southeastern Asian descent). This subsidiary secures an advantage for DNAPrint Genomics, Inc. within the immense 3.5 billion person worldwide Southeast Asian descent population.

The subsidiary, which is 49% owned by DNAPrint genomics, Inc. and 51% owned by DNAPRO(M) SDN SDN Sun Developer Network (Sun Microsystems)
SDN SAP Developer Network
SDN SOF (Special Operations Forces) Deployable Node
SDN Sociale Databank Nederland (Dutch) 
 BDH BDH Big Damn Hero (characters in TV show Firefly/Serenity)
BDH Brusthöhendurchmesser (German: Chest High Diameter, Forestry)
BDH Bund Deutscher Haarformer EV
 (51%), will be eligible to apply for and receive research and product development grants from the Malaysian Ministry of Science and Technology. Grant programs sponsored by the Ministry are specifically earmarked for companies of majority Malaysian ownership, and provide several hundred million dollars annually to promising new Malaysian Technology companies. Grants are typically awarded to companies that address important social and medical issues facing Malaysian and other Southeast Asian peoples. Until today, the country of Malaysia, and the region of Southeast Asia have not had a dedicated pharmacogenomics presence eligible to apply for these grants.

In addition to improving the scope and value of DNAPrint genomics, Inc.'s product interest, the relationship is expected to provide DNAPrint genomics, Inc. the opportunity to realize service based revenues, and more importantly, to receive license revenues on pharmacogenomics classification products that will be developed through this affiliation. The subsidiary intends to conform to Malaysian National Policy requirements and principles of good corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 that a company must fulfill if it wishes to list itself for admission to the MASDEX stock exchange.

The exclusive venture marks DNAPRO (M) SDN BHD's first within the under-served Southeast Asian genomics-based product development space. "We are delighted to partner with DNAPrint Genomics, Inc. in bringing an innovative and quantitative pharmacogenomics infrastructure to Southeast Asia," said Dr. Halim, Managing Director of DNAPRO (M) SDN BHD and the subsidiary. "After careful consideration, we chose DNAPrint as a partner for this effort because of its ongoing innovation and expertise within the field of practical pharmacogenomics."

"Procuring accurately phenotyped specimens from overseas is exceedingly difficult, and funding is near impossible," said Dr. Tony Frudakis, CSO (Chief Security Officer) The person in charge of all staff members who are responsible for promulgating, enforcing and administering security policies for all systems within an enterprise or division.  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 DNAprint genomics, Inc. "This relationship has the potential to solve both of these problems for us. Because the relationships between genetics and drug response are complex within populations as well as between them, the new venture could enable us to produce better pharmacogenomics products with a wider market reach. In addition, and not insignificantly, the work that is to be completed through this subsidiary, DNAPrint Genomics (M) SDN BHD, is a socially responsible thing to do for the peoples of this part of the world."

About DNAPRO:

DNAPRO (M) DSDN DSDN Distributed Software Development Network
DSDN Defence Switched Data Network
 BHD BHD

In currencies, this is the abbreviation for the Bahraini Dinar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 is a Malaysian biotechnology company devoted to marketing and distributing pharmaceutical and biotechnological products of diagnostic, immunoprotective, pharmaceutical or other bio-relevant value. The company has to date specialized in protein and nucleic acid nucleic acid, any of a group of organic substances found in the chromosomes of living cells and viruses that play a central role in the storage and replication of hereditary information and in the expression of this information through protein synthesis.  based diagnostic products that utilize novel DNA fingerprinting DNA fingerprinting or DNA profiling, any of several similar techniques for analyzing and comparing DNA from separate sources, used especially in law enforcement to identify suspects from hair, blood, semen, or other biological materials found at , monoclonal antibody or other recombinant molecular technology.

About DNAPrint genomics, Inc.:

DNAPrint genomics Inc. was founded by a team of scientists with research and commercial experience in high-level mathematical modeling, programming and molecular genetics. The Company is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the ticker symbol: DNAP. For more information about the company, please visit http://www.dnaprint.com.

All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act as amended. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, uncertainties relating to technologies, product development, manufacturing, market acceptance, cost and pricing of DNAPrint's products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, and patent protection and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
. DNAPrint genomics, Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in DNAPrint's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 17, 2001
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