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PartnerTech Secures Collaboration Agreements On a New High Speed DNA Analyse Instrument.


Business Editors/Technology Writers

STOCKHOLM, Sweden--(BUSINESS WIRE)--July 10, 2001

PartnerTech has secured its first development and manufacture agreements with the AlphaHelix biotechnology company. The collaboration concerns a new instrument that reduplicates and analyses 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.
 in a way, which provides more reliable and faster test results. The agreements are expected to generate approximately SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

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.
 23 million over two years.

"The fact that AlphaHelix has chosen us as its partner in designing and manufacturing this highly specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 product is like a citation of excellence for our work within medical technology," says Mikael Jonson, 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 PartnerTech.

On the design side, the assignment represents a collaboration between PartnerTech and AlphaHelix. The daily work is led by consultants, Carmetec AB, whose specialieses in the design of specialist instruments for bio- and medical technology.

"PartnerTech has documented expertise within medical technology that has both depth and breadth. This is of great importance in enabling us to get a new product into the market rapidly," explains Hanno Lindroth, President of Carmetec.

"In PartnerTech, we have a supplier who can assume full responsibility for both design and production, and who can live up to the stringent quality requirements set both by ourselves and by the industry," says Peter Larsson Peter Larsson may be:
  • Peter Larsson (footballer), Swedish footballer.
  • Peter Larsson (cross country skier), Swedish cross country skier
  • Peter Larsson (ice hockey), ice hockey player.
, President of AlphaHelix.

The manufacture of the first and second generation of instruments is planned to commence during the late autumn of 2001.

AlphaHelix AB markets unique, simple and cost-efficient systems that significantly increase speed, reproducibility and reliability in various DNA amplification DNA amplification Molecular diagnostics Any method used to ↑ the copy number of a sequence of DNA. See Cycling probe technology, Gap LCR–gap ligase chain reaction, Gene amplification, NASBA–nucleic acid sequence-based amplification, PCR,  methods, primarily for diagnostic purposes. The company, which is based in Uppsala in Sweden, was founded in 1990 by the brothers, Stig and Mats Malmqvist.

PartnerTech develops and manufactures electronics products under contract for leading growth companies, primarily in telecom infrastructure, IT/mechatronics, and medical equipment. The Group, which has some 900 employees in Sweden and abroad, is quoted on the Attract 40 list of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. .

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The following files are available for download: http://www.bit.se/bitonline/2001/07/10/20010710BIT00420/bit0001.doc http://www.bit.se/bitonline/2001/07/10/20010710BIT00420/bit0001.pdf
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Publication:Business Wire
Date:Jul 10, 2001
Words:356
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