Seahorse Bioscience Enters into Agreement with Primetech Corporation to Bring XF Technology to Japanese Market

Japanese Distributor to Expand Global Reach of Novel Technology

May 22, 2008, 01:00 ET from Seahorse Bioscience

    N. BILLERICA, Mass., May 22 /PRNewswire/ -- Seahorse Bioscience,
 leaders in real-time measurement of cellular bioenergetics, announced today
 that Primetech Corporation will become the exclusive supplier of Seahorse
 XF instruments and consumables in Japan.
     "Japan's contribution to research and drug discovery is continuing to
 grow, as we have seen with the recent acquisition of Millennium by Takeda
 Pharmaceutical Company and with its increasing pipeline of new drugs in
 development," Mr. Ryosuke Ogihara, CEO of Primetech Corporation said. "Our
 customers are interested in studying mitochondrial dysfunction, and in
 particular its role in cancer, obesity and age-related diseases. Seahorse
 XF instruments offer the only practical way to study mitochondria in whole
     Introduced in June of 2006, Seahorse extracellular flux (XF) analyzers
 provide the first and only method to non-invasively measure the two major
 energy producing pathways -- mitochondrial respiration and glycolysis -- in
 living cells. The microplate-based technology allows scientists to assess
 the impact of drugs, genetic modifications and environment by monitoring
 the rate that cells consume oxygen and produce metabolic byproducts
 including acid and carbon dioxide.
     "With a now well-established base of users in North America, we are
 expanding our reach to academic, biotech and pharma customers throughout
 the world" said Steve Chomicz, Vice President of Sales and Marketing at
 Seahorse. "We have chosen to work with Primetech after seeing their
 commitment to supporting their customers- an important factor in the
 introduction of innovative research instrumentation."
     About Seahorse Bioscience, Inc.
     Seahorse Bioscience is changing cancer, obesity, diabetes and
 age-related drug discovery programs the world over. Seahorse headquarters
 are located in North Billerica, Massachusetts. For more information, please
     About Primetech Corporation
     For more than 15 years, Primetech Corporation has been a manufacturer
 and distributor of high technology medical and analytical science products
 throughout Japan. Primetech's focus on medical and analytical science
 products, a technically advanced staff, and an intimate knowledge of the
 Japanese marketplace allow it to assist companies in penetrating the
 Japanese market.
     If you would like more information about Seahorse Bioscience, Inc., or
 would like to schedule a meeting with Steve Chomicz, please contact
 Kristine Hunt at 978-671-1610.

SOURCE Seahorse Bioscience