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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Instock who wrote (11892)2/16/1999 9:07:00 AM
From: Joe Copia  Read Replies (2) of 25711
 
NEWS ALERT: CYGS ( LT HOLD )

Universities to Begin Studies With ssDNA Expression Vector

HOUSTON--(BUSINESS WIRE)--Feb. 16, 1999--Cryogenic Solutions (OTC BB:CYGS) announced today that it will begin shipping, at cost, kits of the patented ssDNA intracellular expression vector to scientists
at university research facilities. The kits are scheduled to be in the laboratories in the first week of March, 1999.

CYGS holds the exclusive rights to the ssDNA expression vector under license from InGene Inc.

Researchers at 19 universities, each trying to antisense a different gene, have requested the kits. All have experienced the common problem of inserting specific intact oligonucleotides into living cells in sufficient quantities to isolate the function of a gene of interest.

"The ssDNA expression vector is the most promising technology yet developed to overcome the 'delivery' hurdle that stands between genetic research in the labs and an effective antisense gene therapy in living organisms," said CYGS Financial V.P., Lawrence Wunderlich. "The word 'delivery' is somewhat a misnomer. Once our vector is transfected it actually synthesizes single strands of the programmed DNA sequence inside the cell."

The ssDNA vector kits will be provided to university investigators at cost for non-commercial use only. The agreement under which the vector material will be transferred to the universities will facilitate CYGS's documentation of the efficacy of the combined vector and anti-sense technologies.

CONTACT: Cryogenic Solutions, Houston
Dell Gibson, 713/780-1399

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