Press Release
Blueshift Announces Assay Development Collaboration with Active Motif
Sunnyvale, CA - January 10th, 2005 Blueshift Biotechnologies, Inc. announced today an assay development collaboration with Active Motif of Carlsbad, California. The two companies are working together to convert existing and develop new assays to take advantage of Blueshift's Dynamic Fluorimetry platform. Dynamic Fluorimetry utilizes anisotropy and fluorescent lifetime to improve sensitivity and selectivity in cell and molecular biology research. Assay kits will be jointly developed and marketed and the companies will share in the revenues of these products. Details were not disclosed.
"We are very pleased to have a quality partner like Active Motif for developing and marketing next generation fluorescence-based, high content assays." Said Evan Cromwell, President of Blueshift Biotechnologies. "This represents the first step in our strategy to work closely with leaders in the bioassay market and we plan to announce more of these collaborations for other applications in the coming year" he continued. Active Motif is a leading supplier of ELISAs for transcription factor and phospho-protein detection. "The use of fluorescence anisotropy will greatly enhance the information available from our assay kits." According to Joe Fernandez, CEO and founder of Active Motif. "Look for the first of these kits later this year".
Blueshift will launch their new instrument, the IsoCyte™, at the upcoming LabAutomation 2005 tradeshow on January 30th in San Jose, California.
About Blueshift Biotechnologies
Blueshift Biotechnologies, Inc. is a privately funded technology company headquartered in the San Francisco Bay Area. Blueshift is adapting semiconductor inspection technology to develop powerful new screening platforms for life sciences research. The platforms are based on Dynamic Fluorimetry, which denotes measurements beyond intensity and color: specifically anisotropy and lifetime. Measurements made from these methods provide information on the local environment and binding state of molecules. Blueshift Biotechnologies is developing strategic alliances for products important to genomic, proteomics, cytomics, and diagnostic applications. Additional information about Blueshift Biotechnologies can be obtained at www.activemotif.com.
About Active Motif
Active Motif develops cell & molecular biology-based research tools that assist with determining the functions, interactions and regulation of proteins. Its products, which include TransAM™ transcription factor ELISAs, Chariot™ protein delivery reagent, and FACE™ assays for detecting activated phospho-proteins within mammalian cells, help scientists understand the complexity of the genome. Active Motif has offices in Europe and the United States and is represented throughout the rest of the world by distributors. Additional information about Active Motif can be obtained at www.activemotif.com.
Blueshift Biotechnologies, Inc. Contact:
Blueshift Biotechnologies, Inc.
Chris Shumate, 530-613-1062
Active Motif, Inc. Contact:
Active Motif, Inc.
Chris Wasden, 760-431-1263 x210