01/07/2004

Genomatica Awarded Prestigious Frost & Sullivan Technology Leadership Award for SimPheny”

Summary

Frost & Sullivan, a leading international marketing consulting company, has named Genomatica, Inc., a leader in silico systems biology company, a recipient of the 2003 Technical Insights Award for Technology Leadership. Genomatica received the award for SimPheny”, its revolutionary modeling and simulation software platform for the life sciences. SimPheny” is a computer modeling platform designed to make predictions of cellular metabolism and behavior thus speeding research and development for the development of biotechnology products. The Technology Leadership Award is bestowed each year upon the company that has demonstrated excellence in technology leadership within its industry. The recipient company must demonstrate technology leadership by excelling in all stages of the technology life-cycle, including, incubation, adaptation, take-up and maturity. Also considered are elements such as feasibility of product launch, likelihood of customer acceptance and acceptance rates, and estimated time to market. Genomatica has partnered with several recipients of DOE Genomes to Life awards to model metabolic processes in sequenced microbes that carry out reactions of great DOE mission relevance, among them bioremediation and carbon sequestration.