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Genomica Corporation Announces Availability of Discovery Manager 3.0.


Business Editors, Health & Medical Writers

BIOWIRE2K

BOULDER, Colo.--(BW HealthWire)--March 22, 2001

Genomica Corporation (Nasdaq:GNOM):

SNP-Enabled Upgrade Extends Reach of Enterprise Product and Previews

Functionality for New Oracle/Java-Based Product Line

Genomica Corporation (Nasdaq:GNOM), a leading developer of software products that facilitate drug discovery and development, today announced the availability of Discovery Manager(TM) 3.0, the latest version of its highly regarded genetic analysis product suite.

This upgrade significantly extends Discovery Manager's genotyping Genotyping refers to the process of determining the genotype of an individual with a biological assay. Current methods of doing this include PCR, DNA sequencing, and hybridization to DNA microarrays or beads. , sequencing, and visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all  capabilities. Among the enhancements is the new capability to integrate 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
 data from Orchid BioSciences' SNPstream(R) 25K genotyping platform into Discovery Manager's powerful analytical toolset, which already includes links to such widely used tools as Simwalk2(TM), Genehunter(TM), and PedCheck(TM), as well as Genomica's own Frequency 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.
 Managers. This latest release hints at the functional range of Genomica's new product line, expected later this year, which will be based on industry-standard Java(TM) and Oracle(R) technologies.

"We are delighted to announce this new release of Discovery Manager," said Genomica 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.  Teresa Ayers. "The updated functionality for Discovery Manager reflects our ongoing commitment to our customers. Research groups invest a great deal in genetic data management and analysis, and whether we are talking about Discovery Manager or our upcoming Oracle-based products, we want our customers to understand that we will continue to support their needs over time. We are especially pleased to be able to offer our analysis tools to users of Orchid's advanced genotyping technology."

"Genomica's decision to include an interface for SNPstream users in the new release of Discovery Manager is a further demonstration of the increasingly widespread acceptance of Orchid's SNP-IT(TM) as a leading genotyping technology," said Michael Pettigrew Michael Pettigrew (born March 16, 1985) is an Australian Rules Footballer currently playing for the Port Adelaide Football Club in the Australian Football League. He currently plays with number 36 guernsey. , Executive Director of Sales and Marketing of Orchid's Life Sciences Group. "As the customer base for our SNPstream 25K platform continues to grow, we are pleased that they will have the option of using Genomica's powerful downstream analysis tools to create databases and customized analyses."

Discovery Manager 3.0 offers enhanced functionality across the full range of its enterprise-wide features, benefiting scientists by allowing them to centralize cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 project data, create searchable databases Refers to databases on the Web that are searchable by typing in a query. The term is quite redundant because all databases are searchable. In fact, that is one of their major features. , and customize their analyses. "I've been very impressed with the high quality of service from Genomica," said Paul August, Senior Associate Scientist and Manager of Full-length Cloning cloning: see clone.


To make a product that functions like another. See clone. See also cloning software.
 at Aventis Pharma Drug Innovation & Approval (NYSE NYSE

See: New York Stock Exchange
:AVE). "Our current use of the Discovery Manager product has improved our efficiency. By delivering these product enhancements in such a timely manner, Genomica will help us further increase our operational efficiency."

About Genomica Corporation

Genomica Corporation develops and markets innovative software products and services that enable pharmaceutical and biotechnology researchers to accelerate the drug discovery and development process. Genomica's customers include leading genomics-based research organizations such as AstraZeneca, GlaxoSmithKline, Aventis, Pfizer, and the National Cancer Institute. Genomica is also collaborating with 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.  to develop software products to be used with AB's industry-leading hardware for drug discovery. For additional information on Genomica, please visit its Website at www.genomica.com.

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 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.
 are based on Genomica 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, Genomica 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. Such factors include, but are not limited to, quarterly fluctuations in Genomica's revenues or other operating results, failure by Genomica to meet financial expectations of analysts and investors, reliance by Genomica on a limited number of customers for a majority of its revenue, Genomica's reliance on key personnel, risks as related to market acceptance of Genomica's product, rapid technological change in Genomica's market, potential defects associated with Genomica's product, Genomica's need to maintain and enhance strategic relationships with larger companies, Genomica's ability to expand its sales and marketing departments, Genomica's ability to manage growth, Genomica's use in its product of third-party components, activities by Genomica and others regarding protection of intellectual property, release of competitive products and other actions by competitors, and economic downturns in either domestic or foreign markets. Further details on these risks and other risks are set forth in Genomica's filings with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission on the world wide web at www.sec.gov. Genomica does not undertake an obligation to update forward-looking statements.

Discovery Manager is a trademark of Genomica Corporation. SNPstream, PedCheck, Simwalk2, Genehunter, Java, and Oracle are trademarks of their respective owners.
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
Date:Mar 22, 2001
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