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MOLECULAR DYNAMICS ANNOUNCES AGREEMENT FOR SUPPLY OF ADVANCED IMAGING SYSTEMS TO AFFYMETRIX

 SUNNYVALE, Calif., Jan. 12 /PRNewswire/ -- Molecular Dynamics (NASDAQ: MDYN) today announced a contract with Affymetrix to develop instruments for the commercialization of Affymetrix's DNA hybridization chips. The systems are designed to rapidly capture high resolution image data from Affymetrix's line of DNA chips for the biomedical research community.
 The combination of Molecular Dynamics' advanced imaging systems and Affymetrix's VLSIPS(TM) chips provides an enabling technology designed to be broadly applicable in DNA analysis.
 Molecular Dynamics' work with Affymetrix will pioneer the use of fluorescence technology for a broad array of applications in the bioanalytical, clinical diagnostic and emerging genetic analysis markets.
 According to Jay Flatley, Molecular Dynamics president, "Our advanced imaging technology will help Affymetrix capitalize on many new and expanding market areas." Continuing, Flatley said, "While this program will not materially increase Molecular Dynamics' 1994 revenue, it is an important demonstration of the application of our technology for high-throughput applications. Advanced imaging systems for these applications will ultimately cut the lead-time and cost of molecular biology research by orders of magnitude."
 Headquartered in Sunnyvale, Molecular Dynamics is a leading manufacturer of advanced image acquisition and analysis instrumentation for the life science research market. The company's products are marketed worldwide through direct, subsidiary and independent distributor sales organizations.
 Affymetrix is pursuing new opportunities in genomic and DNA diagnostics. The company is developing a range of products to enable researchers and clinicians to rapidly analyze genetic information. DNA-based products will address diseases with a genetic basis, including cancer, infectious diseases and the growing list of inherited genetic disorders. Located in Santa Clara, Calif., Affymetrix has 43 full-time employees. In September, Affymetrix completed a private financing raising $21 million. Affymetrix is a subsidiary of Affymax N.V. (NASDAQ: AFMXF).
 -0- 1/12/94
 /CONTACT: Jay Flatley, president and chief operating officer, 408-773-1222, or Stephen R. Bennion, chief financial officer, 408-737-3002, both of Molecular Dynamics/
 (MDYN AFMXF)


CO: Molecular Dynamics; Affymetrix; Affymax N.V. ST: California IN: MTC SU: CON

TM-LW -- SJ005 -- 1292 01/12/94 09:03 EST
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Publication:PR Newswire
Date:Jan 12, 1994
Words:336
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