Family Tree DNA to Market and Distribute ANCESTRYbyDNA
SARASOTA, Fla.--(BUSINESS WIRE)--Nov. 7, 2002--DNAPrint genomics, Inc. (DNAPrint or the "Company")(OTCBB:DNAP) announced today that has signed an Agreement allowing Houston-based Genealogy by Genetics Ltd. (Family Tree DNA) to market and distribute its original ANCESTRYbyDNA 2.0 testing service.
Family Tree DNA will market ANCESTRYbyDNA 2.0 to its genealogy affiliates and to its large base of molecular genealogy customers, in part through its web site www.familytreedna.com. The Agreement, which is non-exclusive and open-ended, is expected to help DNAPrint accelerate the introduction of the test to the recreational genomics marketplace. Other specific terms of the agreement were not disclosed.
Family Tree DNA is recognized as the leading molecular genealogy testing company in the United States. Last year Family Tree DNA sold several thousands of Y-chromosome and mitochondrial tests to hobbyists throughout the US. DNAPrint has yet to advertise the testing service, but since introduction about a month ago the Company has already sold hundreds of tests. DNAPrint will continue to offer the testing service through its www.ancestrybydna.com website, and has recently acquired Phil Brooks as the Company's first marketing director.
About ANCESTRYbyDNA.
ANCESTRYbyDNA is the world's first recreational genomics test. Generally, the test provides a highly precise ancestral admixture analysis within individuals and in so doing provides an estimate of identity or affiliation with each of the world's major continental populations. Specifically, the test measures an individual's proportion of IndoEuropean, African, East Asian Pacific Islander and Native American ancestry. The testing service has been or will soon be featured in articles from the New York Times, Financial Times, the Sarasota-Bradenton Herald, US News and World Report and Popular Science Magazine. It has or will be featured on several different television and radio networks including WNYC, ABC, Fox, BBC, Germany's ZDF and the Australian Broadcasting Corporation.
About Genealogy by Genetics Ltd.
Known to its customers as Family Tree DNA, Genealogy by Genetics Ltd. is a privately held company based in Houston, Texas. Family Tree DNA has pioneered the commercial use of DNA in the area of genealogy, helping connect branches of families when the paper trail was no longer available. Since its inception in 1999, Family Tree DNA has tested thousands of individuals and created a database of DNA markers that allow people to find common ancestry.
DNAPrint genomics, Inc.
DNAPrint genomics, Inc. is a personalized medicine company 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 OTC Bulletin Board under the ticker symbol: DNAP. For more information about the company, please visit dnaprint.com.
CONTACT: DNAPrint genomics, Inc., Sarasota
Carrie Castillo, 941/366-3400
ccastillo@dnaprint.com |
