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Sionex Corporation Named Rising Star in Deloitte's Technology
Fast 50 Program for New England
BEDFORD, MA
September 23, 2005
Sionex Corporation, a high technology company focused on commercializing
breakthrough chemical and biological sensor chips and systems based
on its proprietary microDMx ™ detection technology, today
announced that it has been named a Rising Star in Deloitte's Technology
Fast 50 program for New England.
The Rising Star award is a special designation for fast-growth technology
companies that have been in business three to four years and are
part of the New England Technology Fast 50 program, which ranks
the fifty fastest growing technology companies headquartered in
New England. Rankings are based on the percentage of growth in fiscal
year revenues over three years (2002 to 2004). This year's New England
Technology Fast 50 program is co-presented by Deloitte & Touche
LLP, one of the nation's leading professional services firms and
the legal firm, Wilmer Cutler Pickering Hale and Dorr.
"We are honored and pleased to be recognized by Deloitte as
a Rising Star for our strong performance," said Wes Davis,
president and CEO of Sionex. "We look forward to continued
strong top line growth in the coming year as more OEM companies
such as Thermo Electron (NYSE:TMO) and Varian (Nasdaq:VARI) incorporate
Sionex's microDMx™ products into their latest detection systems
for defense, homeland security and industrial applications."
Conceived at The Charles Stark Draper Laboratory and exclusively
licensed to Sionex for commercialization, the microDM™ sensor
is a chip-based MEMS technology capable of detecting a wide variety
of chemical and biological compounds with unsurpassed sensitivity
and selectivity.
About the Fast 50 Program
To qualify for the Technology Fast 50 Rising Star program, companies
must have had operating revenues of at least $50,000 in 2002 and
$1,000,000 in 2004. and must be a public or private company headquartered
in North America. The company must also be a "technology company",
defined as owning proprietary technology that contributes to a significant
portion of the company's operating revenues (using other companies'
technology in a unique way does not qualify) and/or devoting a significant
proportion of revenues to research and development of technology.
The New England Technology Fast 50 Program is co-sponsored by Wilmer
Cutler Pickering Hale and Dorr and is supported by the American
Stock Exchange and Mass High Tech.
About Sionex Corporation
Sionex Corporation is a high technology company focused on commercializing
breakthrough chemical and biological sensor chips and systems based
on its proprietary microDMx™ detection technology. Sionex
maintains its worldwide headquarters and laboratories in Bedford,
Massachusetts, close to Boston with its commercial, technology and
communications infrastructure. The Company is privately held and
was founded in 2001 with patented technology exclusively licensed
from The Charles Stark Draper Laboratory. Additional information
about Sionex Corporation is available at www.sionex.com
or by calling 781-457-5400 or fax to 781-457-5399.
About Deloitte
Deloitte, one of the nation's leading professional services firms,
provides audit, tax, financial advisory services and consulting
through nearly 30,000 people in more than 80 U.S. cities. Known
as an employer of choice for innovative human resources programs,
the firm is dedicated to helping its clients and its people excel.
"Deloitte" refers to the associated partnerships of Deloitte
& Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting
LLP) and subsidiaries. Deloitte is the US member firm of Deloitte
Touche Tohmatsu. For more information, please visit Deloitte's web
site at http://www.deloitte.com/us.
EDITORIAL CONTACTS:
Anthony D. Bashall
(781) 457-5407
tbashall@sionex.com
Agency Contact:
Doug Forsyth, Alchymia Communications® LLC
(541) 482-8744
df@alchymiacomm.com
Forward-looking Statement
Some statements in this announcement constitute forward-looking
statements. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Sionex Corporation to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. There can
be no assurance that the forward-looking statements included in
this announcement will prove to be accurate. In light of the significant
uncertainties inherent in the forward-looking statements included
herein, the inclusion of this information should not be regarded
as a representation by the Company or any other person that the
objectives and plans of the Company will be achieved.
microDMx™ is a trademark of Sionex
Corporation.
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