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Panomics Inc.: Recipient of the Frost & Sullivan 2007 United States Drug Discovery Technologies Entrepreneurial Company of the Year Award
Date:12/11/2007

hnology to biomarker discovery and validation is expected to positively impact drug development and molecular diagnostic efforts.

Commenting on the award, Frank Witney, President and CEO of Panomics said, "Receiving this award from Frost & Sullivan is a tremendous honor for our company. The meticulous Frost & Sullivan research approach of working backward from customer input to select award recipients makes this award even more special as we have worked very hard over the years to build our customer base. Our customers include virtually all pharma and biopharma and many key academic labs and it is great to hear that they appreciate our efforts to drive productivity in their important work."

"We are very pleased that Frost & Sullivan has recognized Panomics for their innovative tools for life science and drug discovery research. In particular, the company's focus on novel products for mid-plex analysis of gene and protein expression patterns is paying off," notes Andy Schwab, Managing Partner at 5AM Ventures and a Panomics board member. "The company has grown very rapidly the past few years and 2008 projections of approximately 50% growth is further evidence that the Panomics strategy is successful."

About Frost & Sullivan

Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.awards.frost.com.

About Panomics, Inc.

Panomics is a privately-held life science
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SOURCE Panomics Inc.
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