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Enigma Diagnostics Announces an Award of GBP 1.8 Million From UK Government
Date:9/18/2008

re managed while effectively reducing healthcare costs.

John McKinley, Chairman of Enigma Diagnostics, said: "We are delighted to have received such substantial funding to support this project and to be working with two leading UK clinical partners. We are committed to delivering rapid, cost effective diagnostic systems that will substantially improve patient care and help eliminate the spread of infectious diseases."

Notes to editors:

About Enigma Diagnostics

Enigma Diagnostics Limited is a private UK based company specialising in developing the next generation of rapid molecular diagnostic instrument platforms for decentralised and point-of-care settings.

Enigma's innovative and proprietary technology combines the speed and sensitivity of real-time PCR (polymerase chain reaction) with the simplicity needed for field-based, decentralised and point-of-care tests providing results from a raw sample in less than 45 minutes.

The Company is targeting a number of multi-billion pound markets, core among which are the Clinical and high value Applied Markets. Enigma's commercialisation strategy is to maximise revenues from a continuous flow of market leading rapid diagnostic point-of-care and in-field instrument and assay platforms, derived from its broad Intellectual Property portfolio of issued and filed patents. Enigma will partner with market leaders where global penetration of markets is required and where appropriate will build an in-house sales and marketing capability to direct distribution of its products.

Enigma has an exclusive licence from the Defence Science Technology Laboratory to a portfolio of patents which represent over 15 years of UK Ministry of Defence funded research and has licences from Applied Biosystems and Celera Licences for the commercialisation of real-time PCR instruments. Enigma's R&D activities have generated a portfolio of over 50 plus worldwide patent families dedicated to real-time PCR and
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SOURCE Enigma Diagnostics
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