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Pressure BioSciences, Inc. and the J. Craig Venter Institute Announce Collaboration Agreement & Purchase of a PCT System
Date:12/17/2008

A Global Biopharmaceutical Company Purchases Two PCT Systems to Help in the Analysis of Therapeutic Proteins

SOUTH EASTON, Mass., Dec. 17 /PRNewswire-FirstCall/ -- Pressure BioSciences, Inc. (Nasdaq: PBIO) ("PBI") today announced that they have entered into a collaboration with the J. Craig Venter Institute ("JCVI"), a not for profit genomic research institute, with facilities in Rockville, MD and La Jolla, CA. As part of the collaboration, the JCVI has purchased a Barocycler NEP2320 PCT Sample Preparation System ("PCT System"). The Company also announced that it has sold two Barocycler NEP3229 PCT Sample Preparation Systems to a leading global biopharmaceutical company. The PCT Systems were installed at two of the customer's locations during the week of December 8, 2008.

JCVI Collaboration

JCVI will be using PBI's pressure cycling technology (PCT) and sample preparation platform as part of the collaboration. To that end, JCVI has purchased a Barocycler NEP2320 PCT Sample Preparation System, and intends to further develop PCT into JCVI's extraction protocols. In addition to this purchase, PBI will provide JCVI with two additional instruments for further studies as part of the collaboration. Among the projects for which PBI's technology will be used is JCVI's National Institutes of Health ("NIH")-funded human microbiome project, where JCVI scientists are discovering and cataloging the microbes that live on and in the human body.

According to Scott Peterson, Ph.D., Director of Functional Genomics Research and Technology at JCVI: "PBI's PCT technology is an exciting tool for extracting nucleic acids and proteins from challenging biological samples like those associated with our human microbiome project. The PCT System has the unique ability to extract higher mole
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SOURCE Pressure BioSciences, Inc.
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