Familybuilder Launches the Familybuilder Global Network at D... (rs to the 300-400 million people who use...)

Familybuilder Launches the Familybuilder Global Network at DEMOfall 08

Date:9/8/2008

rs to the 300-400 million people who use social networks to research their family trees. The largest consumer DNA database on the market today (FamilyTreeDNA.com) contains only 209k records, which demonstrates the untapped nature of this market and its huge potential.

Familybuilder offers both paternal (YDNA) and maternal (mtDNA) DNA tests. The YDNA test is a 17-marker test (as compared to FamilyTreeDNA's 12 markers) and its mtDNA test will analyze 420 base pairs of the HV1 region. The DNA kit arrives by mail in closed cover, and provides simple instructions to collect a DNA sample. The entire process takes only a few minutes to complete. The return postage is prepaid. Familybuilder will provide the DNA results online, and by email.

Familybuilder will be expanding its DNA lineup in the future and is committed to continuously driving the costs of these tests down over time.

"It's incredibly exciting to unleash the power of Familybuilder.com at DEMO," said Ilya Nikolayev, CEO of Familybuilder. "We're thrilled to be one of the few companies who can use the DEMO stage to disrupt an entire industry. We're confident that the Familybuilder Global Network and our affordable DNA tests will help more families connect and assist individuals in learning about their relatives and tracking their family lineage. Here's to family!"

"We're excited about Familybuilder's approach -- complete with DNA -- to finding and connecting family," said Chris Shipley, executive producer for DEMO. "This young company has made great strides in just a short time, and I hope the DEMO experience propels them even further."

About Familybuilder

Familybuilder is a NYC-based software company that builds genealogy and family-oriented applications. Familybuilder is the only genealogy service to run a family tree application on all the major social networks (Facebook, Bebo, MySpace, Hi5, and Orkut) and is the only genealogy service to bridge together family trees ac
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Familybuilder Launches the Familybuilder Global Network at D...(rs to the 300-400 million people who use...)