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Genoptix Reports Strong Full-Year Financial Results for 2008 and Raises Guidance for 2009
Date:2/26/2009

in the U.S. over the next three to five years."

2009 Performance Outlook

For the full-year 2009, Genoptix expects revenues of approximately $170 million, with gross margins in the mid- to high-fiftieth percentile.

Income before income taxes is expected to be approximately $38 million and diluted GAAP EPS for the full-year 2009 is expected to be approximately $1.15 on an estimated 18.1 million shares assuming a tax rate of 45%.

Based on continued infrastructure expansion and implementation of its strategic plan, the Company projects capital expenditures of approximately $8.0 million for the full-year 2009, which includes approximately $4.5 million in maintenance capital.

Conference Call Information

A conference call will take place on Thursday, February 26, 2009, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), hosted by President and CEO, Tina S. Nova, Ph.D., and other members of senior management. To access the live conference call via phone, dial 800-295-3991 in the U.S. or Canada and 617-614-3924 for international callers. Please specify to the operator that you would like to join the "Genoptix Fourth Quarter 2008 Earnings Conference Call." The participant code for the call is 82029062. If you are unable to listen to the live webcast, a replay of the call will be available through Thursday, March 5, 2009. Interested parties can access the rebroadcast by dialing 1-888-286-8010 or 1-617-801-6888 internationally and entering the reservation number 30354059.

The conference call will also be webcast live under the investor relations section of the Genoptix website at www.genoptix.com. Please connect to the Genoptix website several minutes prior to the start of the webcast to ensure adequate time for any software download that may be necessary. If you are unable to listen to
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SOURCE Genoptix, Inc.
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