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Press ReleaseFor Advion: Media Contact: May 14, 2003 BETHESDA, MD – May 14, 2003 — Correlogic Systems,
Inc., the developer of promising new cancer detection tests that use just
a single drop of blood from a patient, has entered into an agreement with
Advion BioSciences, a leading provider of mass spectrometry services and
products, to explore the use of Advion’s NanoMate™ System as a component
of Correlogic’s upcoming ovarian cancer clinical trials.
About Correlogic Systems, Inc. Correlogic Systems, Inc. is a Bethesda, Maryland-based
BioIT company that has developed patent-pending pattern recognition and
pattern discovery software and processes with a wide variety of
applications for bio-marker discovery, disease detection, and new drug
discovery. The technology’s first application has been in the field of
proteomics – the study of human proteins – with concentration on the early
detection of prostate, ovarian, breast and other cancers. The Correlogic
Proteome Pattern Blood TestSM is a cutting edge approach to disease
detection, using Correlogic’s proprietary hidden patterns technology
including ProteomeQuest™ and ProteomeDx™. Correlogic has entered into
licensing agreements with Quest Diagnostics, Inc. (NYSE: DGX) and
Laboratory Corporation of America (NYSE: LH) for the commercialization of
Correlogic’s ovarian cancer protein pattern blood test. Visit Correlogic
Systems at www.correlogic.com. About Advion BioSciences Advion BioSciences Inc., of Ithaca, N.Y., is a leading
provider of mass spectrometry services to the pharmaceutical industry, and
a developer of automated, chip-based technology designed to boost the
sensitivity, data quality and sample throughput for electrospray mass
spectrometers. Operating one of the world's largest LC/MS contract
research facilities, Advion's clients include 13 of the top 15
pharmaceutical companies. Visit Advion BioSciences at
www.advion.com. Cautionary Statement: Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results could differ materially due to, among other things, operational and other difficulties associated with integrating acquired business, general business conditions, competition among managed care companies, rising health costs, trends in medical loss ratios, health care reform, delay in receipt of regulatory and other approvals for pending transactions and other regulatory issues. |
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