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Ingenuity Systems Named 2013 World Economic Forum Technology Pioneer
Date:8/28/2012

REDWOOD CITY, Calif., Aug. 28, 2012 /PRNewswire/ -- Ingenuity Systems, Inc. announced today that it was selected as a 2013 Technology Pioneer by the World Economic Forum. The World Economic Forum's Technology Pioneers program recognizes industry-changing companies from around the world in the areas of information technology, telecommunications and new media, life sciences and health, and energy and environment for their potential to transform the future of business and society and demonstrate market leadership.

"Information technology will play an increasing role in our fight against disease, and Ingenuity has pioneered innovative solutions that enhance our ability to do groundbreaking research and deliver even better personalized patient care," said David Agus, MD, Professor of Medicine and Engineering at the University of Southern California and Chair, World Economic Forum Global Agenda Council for Genetics. "I look forward to their continued impact on world health though the Technology Pioneers program."

Over the past 20 years exponential improvements in techniques for assaying biological systems have made possible new scientific and biomedical discoveries.  Yet the analysis and interpretation required to fully understand and leverage this data to more effectively manage disease, improve the quality of life and reduce healthcare spending has been lagging, thus limiting the practical utility of these advances. Ingenuity's analytical tools and integrated content unlocks this bottleneck.

"Today we can sequence an entire human genome in a day for less than a few thousand dollars but the analysis of the data could take months or years," said Jake Leschly, President and Chief Executive Officer of Ingenuity Systems.  "The Ingenuity content and software enables this analysis in a matter of minutes and is fundamentally impacting scientific research and the ability to diagnose and manage disease care."

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