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Precision System Science Co., Ltd. And NanoString Technologies Announce Partnership for Co-Development and Manufacturing of Automated Fluidics Instrument

Posted on: Monday, 19 March 2007, 09:00 CDT

Precision System Science Co., Ltd (PSS), a global leader in providing sample preparation systems, and NanoStringTM Technologies, Inc., an emerging life science tool provider, will be partners in the co-development and manufacture of an automated fluidics handling instrument to be distributed by NanoString as a component of their nCounter™ System for Gene Expression. The fluidics handling instrument incorporates both company's proprietary technologies: Magtration® technology from PSS and NanoString's nCounter technology.

Magtration® technology involves the use of magnetic particles to extract and purify targeted substances. Instruments based on Magtration® technology have become standard in research and clinical diagnostic laboratories worldwide. Magtration technology will be used in NanoString's automated fluidics instrument which will replace manual sample handling providing simple, robust sample processing for the end user.

The nCounter System for Gene Expression provides life science researchers the only method for highly multiplexed direct quantification of individual mRNAs in a biological sample. This novel technology is based on employing large numbers of unique single molecule reporters which bind directly to target molecules of interest in a one to one ratio. The target molecules can then be individually counted without any enzymatic conversion or amplification.

About Precision System Science Co., Inc.

Precision System Science Co., Ltd. based in Japan with affiliates in the United States and Europe, is global leader in providing sample preparation systems for molecular researchers and diagnosticians. Our mission is to accelerate discoveries in bioresearch through novel, automated whole product solutions that integrate instrument systems, reagents, applications, data management, sales, service and support. PSS continues to have a business strategy to work with partner companies to find novel applications for Magtration® technology within the framework of new and innovative biomedical devices. For more information please visit www.pss.co.jp, www.pssbio.com or www.pss-europe.com.

About NanoString Technologies, Inc.

NanoString Technologies is a life science tool company developing a next generation technology for ultra sensitive, multiplexed quantification of individual target molecules in biological samples. NanoString's nCounter system is ideally suited for targeted gene studies in research and translational medicine and in the future molecular diagnostics including (IVDMIA) applications. NanoString is headquartered in Seattle, Washington. For more information please visit: www.nanostring.com.

Source: Business Wire

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