Market-Pulse.com - Current Profile - (Arrayit Corporation [OTCBB:
ARYC])
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Market Pulse will be
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Arrayit Corporation
(OTCBB: ARYC) Investors need to be watching Arrayit Corporation (OTCBB: ARYC) this AM! Arrayit
Corporation is engaged in the development, manufacture, and marketing of life science technologies
and integrated systems for the analysis of genetic variation, biological function, and diagnostics.
Arrayit offers a product line of approximately 650 tools to 2,500 laboratories worldwide. The
company’s products include microarrayers, microarray scanners, DNA and protein microarrays,
microarray printing, microarray substrates and slides, microarray instruments, amplification and
labeling, purification kits, microarray hardware, buffers and solutions, microarray cleanrooms,
books and software, CGH microarrays, and microarray platforms. Arrayit’s worldwide business
position leverages the company’s widely used patented microarray manufacturing platform and
revolutionary VIP™ genotyping technology. Nearly every major research center in the world uses
Arrayit products including research laboratories, pharmaceutical companies, universities,
biotechnology companies, hospitals, government agencies, and nonprofit research organizations. The
company is also involved in the import, export, and distribution of industrial and food grade
chemicals for plastics, fertilizers, and green energy applications. It has research collaboration
with The Parkinson`s Institute of Sunnyvale to discover biomarkers for Parkinson`s disease. ARYC
recently announced that it is developing a microarray-based diagnostic test to detect the H1N1 swine
flu virus. The 2009 swine flu outbreak has raised concerns at the CDC and the World Health
Organization (WHO). The CDC and WHO believe that the current outbreak poses a pandemic risk because
the H1N1 flu virus contains genetic elements from both the swine and human influenza viruses,
allowing direct human-to-human transmission without the need for agricultural contact. Arrayit is an
exciting and innovative public company that strives to increase shareholder equity by inventing,
developing, manufacturing and supplying sophisticated life sciences products and services to an
extensive customer base spanning 50 countries. Arrayit is a leader in the field of molecular
diagnostics with patented technology that allows the screening and monitoring of up to 80,000
patient samples on a single microscope slide, rather than testing one patient per slide as is
currently practiced. Their corporate philosophy is embodied by a highly skilled, multidisciplinary
team of investors, business professionals, scientists, engineers and executive and support staff who
place shareholder value, product quality, customer service and price competitiveness as their
highest priorities. Arrayit empowers decisive strategic advantage and large return on investment for
their customers in the research, pharmaceutical, diagnostic, and health care markets! ARYC just
had excellent news out in a press release before today`s opening bell announcing that its
microarray-based diagnostic test, patented under the trade name Variation Identification
Platform (VIP), is ready for manufacture and distribution! Investors should be watching this
one closely!
Press
Release
Source: Arrayit
Corporation
Mark Schena, PhD, Positions
Arrayit Corporation to Enter Molecular Diagnostics Using VIP Technology
Single Laboratory Test Can Screen
up to 100,000 Patients
SUNNYVALE, CA--(MARKET WIRE)--June
24, 2009 -- Arrayit Corporation (OTCBB: ARYC ), a leading manufacturer of products
and services for disease prevention, treatment and cure, announced today that its patented testing
procedure, sold under the trade name Variation Identification Platform (VIP), is ready for
distribution and use.
Created by pioneer and Arrayit
President, Dr. Mark Schena, VIP is the world`s key microarray diagnostics patent that allows
clinicians to test up to 100,000 patients against a single disease state health condition by
printing that bio-information on a single slide and then drawing a diagnosis for each individual
patient. Arrayit is now positioned to move this revolutionary technology from research to clinical
applications and beyond.
In 1995, Dr. Schena and colleagues
published the first paper on microarrays in the premier scientific journal, Science, introducing
microarrays to the world as a new scientific technology. His work rapidly led to a new field of
discovery that uses microarrays to investigate both genes and proteins in research and diagnostics.
Acknowledged by his peers for the importance of these accomplishments, Dr. Schena was proclaimed the
Father of Microarray Technology by The Scientist, a broadly read scientific journal, in
2003.
day microarrays are used in more
than 100,000 laboratories in 50 countries to explore complicated questions in biology, chemistry,
agriculture and medicine. The microarray field to date has produced 550,000 scientific publications.
The commercial expansion of microarray technologies has created a multi-billion dollar research
market with over 200 companies that produce ancillary products and services.
Dr. Schena has authored five
foundational books and has published more than 30 important papers. Dr. Schena has organized
symposia and course work, chaired societal meetings and promoted the expansion of microarray
technology -- accruing over half a million travel miles to speak to audiences of PhDs, MDs and life
science professionals.
About Arrayit
Corporation
Arrayit Corporation, headquartered in
Sunnyvale, California, leads and empowers the genetic, research, pharmaceutical, and diagnostic
communities through the discovery, development and manufacture of proprietary life science
technologies and consumables for disease prevention, treatment and cure. It now offers over 650
products to a customer base of more than 2,500 laboratories worldwide, including most every major
university, pharmaceutical and biotech company, major agricultural and chemical company, government
agency, national research foundation and many private sector enterprises. Please visit www.arrayit.com
for more information.
Contact: Arrayit Corporation Tel: +1-408-744-1331 Email:
investorinfo@arrayit.com Web: www.arrayit.com
For additional information please
call 800.290.8935 or visit www.market-pulse.com .
Safe Harbor Statement
Except for historical
information contained herein, statements made in this release that would constitute forward-looking
statements may involve certain risks and uncertainties. All forward-looking statements made in this
release are based on currently available information and the Company assumes no responsibility to
update any such forward-looking statement. The following factors, among others, may cause actual
results to differ materially from the results suggested in the forward-looking statements. The
factors include, but are not limited to, risks that may result from changes in the Company`s
business operations; our ability to keep pace with technological advances; significant competition
in the biomedical business; our relationships with key suppliers and customers; quality and consumer
acceptance of newly introduced products; market volatility; non-availability of product; excess
inventory; price and product competition; new product introductions, the outcome of our legal
disputes; the possibility that the review of our prior filings by the SEC may result in changes to
our financial statements; and the possibility that stockholders or regulatory authorities may
initiate proceedings against Arrayit and/or our officers and directors as a result of any
restatements. Risk factors associated with our business, including some of the facts set forth
herein, are detailed in the Company`s Form 10-K for the fiscal year ended December 31, 2008 and Form
10-Q/A for the fiscal first quarter ended March 31, 2008 and Form 10-Q for the fiscal third quarter
ended September 30, 2008.
Market Pulse All Rights Reserved.
© Copyright 2009
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