MENLO PARK, Calif. and SANTA CRUZ, Calif., Sept. 22, 2016 /PRNewswire/ -- Pacific Biosciences of California, Inc.,
(Nasdaq:PACB), and Dovetail Genomics™ LLC today announced that Dovetail has added PacBio®
SMRT® sequencing and de novo assembly options to its menu of genome assembly services. The companies also
announced their signing of a co-marketing agreement under which the new service offerings will be jointly promoted.
"We are impressed by Dovetail's continued commitment to deliver the most comprehensive view of genomes," said Kevin Corcoran, Senior Vice President of Market Development at Pacific Biosciences. "Until now, Dovetail has
focused exclusively on short-read NGS data, so we are pleased to see the addition of our long-read SMRT Sequencing technology to
their service offering, and to partner with Dovetail to provide the best possible genome assemblies to the scientific
community."
"The addition of these services is in direct response to our customers' needs," said Brandon
Rice, Dovetail Genomics' Chief Operations Officer, "so we are excited to provide this option for our customers who need,
or simply prefer, a long-read sequencing approach for their genome assembly projects."
PacBio SMRT Sequencing delivers long read lengths with high consensus accuracy and uniform coverage, allowing scientists to go
beyond fragmented draft genomes and generate the most comprehensive de novo assemblies. Dovetail found through its
services that its approach to scaffolding with Chicago™ libraries and
its HiRise™ scaffolding pipeline are highly complementary to PacBio-based assemblies. This new offering
is especially valuable to scientists working on highly repetitive, polyploid genomes that are challenging to resolve with
short-read sequencing alone.
The two companies will begin co-marketing the Dovetail service offering immediately. Interested parties can learn more
here.
About Pacific Biosciences
Pacific Biosciences of California, Inc. (NASDAQ:PACB) offers sequencing systems to help
scientists resolve genetically complex problems. Based on its novel Single Molecule, Real-Time (SMRT®) technology,
Pacific Biosciences' products enable: de novo genome assembly to finish genomes in order to more fully identify, annotate
and decipher genomic structures; full-length transcript analysis to improve annotations in reference genomes, characterize
alternatively spliced isoforms in important gene families, and find novel genes; targeted sequencing to more comprehensively
characterize genetic variations; and real-time kinetic information for epigenome characterization. Pacific Biosciences'
technology provides high accuracy, ultra-long reads, uniform coverage, and is the only DNA sequencing technology that provides
the ability to simultaneously detect epigenetic changes. PacBio® sequencing systems, including consumables and
software, provide a simple, fast, end-to-end workflow for SMRT Sequencing. More information is available at www.pacb.com.
About Dovetail Genomics
Dovetail Genomics LLC is transforming genomics by making long-range information readily accessible to all. The company enables
researchers and clinicians to solve complex problems involving de novo assembly, structural variation, microbiome
analysis, cancer research, phasing analysis and more by providing them a more comprehensive view of the genome. Its proprietary
in vitro proximity ligation approach simplifies genomic discovery by integrating the highest quality long-range genomic
information with next-gen sequencing output. Dovetail is based in Santa Cruz, California. For
more information on Dovetail, its technology and service offerings, visit dovetailgenomics.com. Follow Dovetail on Twitter @DTGenomics.
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things,
statements relating to future availability, uses, quality or performance of, or benefits of using, products or technologies,
expected benefits of the agreement between Pacific Biosciences and Dovetail Genomics and other future events. You should not
place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, changes in
circumstances and other factors that are, in some cases, beyond Pacific Biosciences' control and could cause actual results to
differ materially from the information expressed or implied by forward-looking statements made in this press release. Factors
that could materially affect actual results can be found in Pacific Biosciences' most recent filings with the Securities and
Exchange Commission, including Pacific Biosciences' most recent reports on Forms 8-K, 10-K and 10-Q, and include those listed
under the caption "Risk Factors."
Pacific Biosciences undertakes no obligation to revise or update information in this press release to reflect events or
circumstances in the future, even if new information becomes available.
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SOURCE Dovetail Genomics LLC; Pacific Biosciences of California, Inc.