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To: StocksDATsoar who wrote (58028)8/4/2000 1:02:01 PM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
DNAP news :-)


SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 4, 2000--DNAPrint genomics
(Pink Sheets:DNAP) has entered into a license agreement with privately
held Geospiza Inc., of Seattle, WA. Under the terms of the license,
DNAPrint genomics will participate in the beta-testing of Geospiza's
DNA sequence information management system for standard DNA sequencing
files. During the term of the license, which is extendible, DNAPrint
genomics will be one of a small group of organizations that will use
and test this system. The system is called Finch(TM)-Server; it
manages standard DNA sequencing data files within an internet-based
relational database structure. The system will be used by DNAPrint
genomics for its SNP location re-sequencing effort and to communicate
standard DNA sequence data to partners and customers on a daily basis.
SNP location discovery is accomplished by long read DNA sequencing and
makes use of NCBI human genome data as a "roadmap". This process is
the first step of the company's research and development. The license
obviates the need for DNAPrint genomics to develop a standard DNA
sequence relational database system necessary for its SNP location
discovery project, which is peripheral to the company's main objective
of developing genetic algorithms and pharmacogenomics and disease
knowledge bases.

About the Finch-Server
The data management system developed by Geospiza is used to
organize DNA sequencing workflow and automate quality analysis of DNA
sequence files. For SNP discovery efforts, standardized quality
control assessment is crucial, and accurate and efficient quality
control assessment has been a bottleneck for many organizations.

About DNAPrint genomics
DNAPrint genomics, Inc. provides practitioners of genomic research
and personalized medicine with a comprehensive system for complex
trait dissection and patient classification. DNAPrint genomics Inc.
was founded by a group of scientists with research and commercial
experience in high-level mathematical modeling, programming and
molecular genetics. For more information about the company, please
visit www.dnaprint.com.

About Geospiza
Geospiza, Inc., Seattle, WA, was founded in 1997 and designs
software systems to facilitate high-throughput data management and
analysis with state-of-the-art algorithms commonly used in
bioinformatics. For more information, please visit www.geospiza.com.

Except for factual statements made herein, the information
contained in this press release consists of forward-looking statements
that involve risks and uncertainties. The Company's actual results
could differ materially from those contained in such statements.
Factors that could cause or contribute to such differences include
unexpected shortages of critical components, rescheduling or
cancellation of customer orders, the timing and market acceptance of
new product introductions by the Company and its competitors, and
general competition and price pressures in the marketplace.

--30--pp/mi*

CONTACT: For scientific inquiries:
DNAPrint genomics, Inc., Sarasota
Dr. Tony Frudakis, 941/351-4543
or
All other inquiries:
Richard Craig Hall, 941/341-0136

KEYWORD: FLORIDA WASHINGTON
INDUSTRY KEYWORD: MEDICAL BIOTECHNOLOGY HARDWARE SOFTWARE
MARKETING AGREEMENTS PRODUCT

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