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SOLEXA INTRODUCES THE SOLEXA
GENOME ANALYSIS SYSTEM
Targets
Human Genome Sequence in 2006 with Data to be Made Publicly Available
HAYWARD, Calif. and Cambridge, U.K. (December 12, 2005) – Solexa, Inc. (Nasdaq:
SLXA) today announced the introduction of the Company’s DNA sequencing,
expression profiling and micro-RNA analysis platform, the Solexa Genome Analysis
System. The System, which is comprised of the Solexa 1G Genetic Analyzer, the
Solexa Cluster Station and associated reagents, consumables, and software, is
designed to generate over a billion bases of sequence per run. In addition to
introducing the Solexa Genome Analysis System, the Company today announced plans
to sequence the entire genome of a human in 2006 and to make sequence data
publicly available.
With its significant data density and low operating cost, the Solexa Genome
Analysis System has the potential to dramatically increase productivity while
reducing costs by over two orders of magnitude relative to current
state-of-the-art DNA sequencing technologies. The System is also intended to
enable researchers to generate economical sequence-based digital readout of
transcript abundance by assessing up to 5 million transcript tags per sample at
costs comparable to those of hybridization arrays.
“This is an exceptionally exciting time for all of us at Solexa and the global
research community. We believe that the versatility and cost profile of our
groundbreaking Solexa Genome Analysis System have the potential to improve
productivity significantly at the largest sequencing and expression centers as
well as at core facilities and even individual laboratories,” said John West,
Solexa’s chief executive officer. “This product introduction takes us a
significant step closer to becoming the first company to deliver whole human
genome sequencing at $100,000 per genome.”
“We expect to begin accepting orders to purchase systems and to ship initial
production units during the second quarter of next year,” added Mr. West.
In October,
Solexa announced that Company scientists had sequenced a human Bacterial
Artificial Chromosome (BAC) on an early laboratory prototype instrument. Using
the newer, laser-based instrument that is part of the Solexa Genome Analysis
System, the 1G Genome Analyzer, Solexa scientists have achieved the same level
of coverage, consensus accuracy and polymorphism detection as in the earlier
work.
Sequencing a Human Genome in 2006
Solexa also announced its intention to use the Solexa Genome Analysis System to
sequence the entire genome of a human during 2006. The individual DNA will be
chosen by Solexa from among the set of anonymous samples recently used in the
International Haplotype Mapping Project (HapMap) on the basis of scientific
merit and the availability of fully informed consent for its use, including free
public release of the sequence data. This sequencing project is intended to
afford the Company and researchers throughout the world the opportunity to
compare results generated by the Solexa Genome Analysis System with other
publicly available data.
“In sequencing a human genome, our aim is to demonstrate the performance of the
Solexa Genome Analysis System. We expect this endeavor to display the
suitability of our platform for rapid and cost-effective human genome sequencing
and to pave the way for new applications in medical sequencing, such as the
Cancer Genome Project,” stated Dr. David Bentley, chief scientist of Solexa.
“Solexa intends to release sequence data at regular intervals in 2006, so that
researchers can objectively assess the output of the Solexa Genome Analysis
System in comparison with previously validated, high-quality genetic data
already in the public domain.”
About Solexa
Solexa, Inc. is developing and preparing to commercialize the Solexa Genome
Analysis System, which will be used to perform a range of analyses including
whole genome resequencing, gene expression analysis and micro-RNA analysis.
Solexa expects its first-generation instrument, the 1G Genome Analyzer, to
generate over a billion bases of DNA sequence per run and to enable whole genome
resequencing below $100,000 per sample, making it the first platform to reach
this important milestone. Solexa's longer-term goal is to reduce the cost of
human re-sequencing to a few thousand dollars for use in a wide range of
applications from basic research through clinical diagnostics. For further
information, please visit www.solexa.com .
This press release contains "forward-looking" statements, including statements
related to the current views of Solexa management as to intellectual property
matters, future products, product development including the commercial
introduction of the Company’s novel genetic analysis technology and the
expansion and success of Solexa's commercial application of its genomics
technologies. Any statements contained in this press release that are not
statements of historical fact may be deemed to be forward-looking statements.
Words such as "believes," "anticipates," "plans," "predicts," "expects,"
"envisions," "hopes," "estimates," "intends," "will," "continue," "may,"
"potential," "should," "confident," "could" and similar expressions are intended
to identify forward-looking statements. There can be no assurance that such
expectations of any of the forward-looking statements will prove to be correct,
and actual results could differ materially from those projected or assumed in
the forward-looking statements. There are a number of important factors that
could cause the results of Solexa to differ materially from those indicated by
these forward-looking statements including, among others, risks detailed from
time to time in the Company's SEC reports, including its Annual Report on Form
10-K for the year ended December 31, 2004 and its Form 10-Q for the quarter
ended September 30, 2005. Solexa does not undertake any obligation to update
forward-looking statements.
ENDS
For more information, please contact:
Solexa, Inc.
Omead Ostadan, Vice President of Marketing
(510) 670-9300
oostadan@solexa.com
European Media Contact:
Northbank Communications
Lippert/Heilshorn & Associates
Investor Contacts:
Sue Charles, CEO
+44 (0)20 7886 8152
s.charles@northbankcommunications.com
U.S. Media Contact:
Mark Stuart (mstuart@lhai.com)
Jody Cain
(jcain@lhai.com )
Mariann Ohanesian ( mohanesian@lhai.com
)
(310) 691-7100
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