Listonstreetpulse.com announces that Arrayit Corporation (OTC: ARYC) has shipped its proprietary microarray life sciences products to Illumina Inc. (NASDAQ: ILMN), a developer, manufacturer and marketer of life science tools and integrated systems for the analysis of genetic variation and biological function using its proprietary bead array and solid phase sequencing technologies to empower DNA microarray and next generation sequencing (NGS) applications.
A microarray technology leader, Illumina was founded in 1998. The company is based in San Diego, California. Illumina’s DNA sequencing platform is used to sequence an impressive 90% of all human DNA worldwide. Arrayit’s patented contact printing platform and consumables empower a wide range of synergistic applications with Illumina including multi-patient genotyping, high-sensitivity gene expression analysis, serum-based protein diagnostics, affordable consumer testing, and many others. \
Over 100 scientific publications available on-line feature Arrayit and Illumina technology simultaneously, which highlights the complementarity of the two patented platforms: http://scholar.google.com/scholar?start=10&q=Arrayit+Illumina&hl=en&as_sdt=0%2c5. Illumina had $1.1 billion in total revenue in fiscal 2012. ARYC product sales to Illumina will book as revenue and earnings in the fourth quarter of 2013.
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About Arrayit Corporation
Arrayit Corporation is a Sunnyvale, California-based company leading and empowering the genetic, research, pharmaceutical, and diagnostic communities through the discovery, development, and manufacture of proprietary life science technologies and consumables for disease prevention, treatment and cure. The company’s innovative products and services help scientists and clinicians explore the human genome as well as the genomes of plants and animals. Arrayit’s products are used by every major research center in the world.
About Liston Street Pulse
Liston Street Pulse is a leading provider of financial research. The company has significant expertise in U.S. listed small cap and micro-cap stocks. Over the years, Liston Street Pulse’s original and unbiased analysis has helped the investor community immensely.
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