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MolecularWare, Applied Precision Strike Seven-Figure Deal

NEW YORK, Oct. 5 – Start-up bioinformatics company MolecularWare has entered into a reseller partnership“worth in the seven figures” with Seattle-based Applied Precision, MolecularWare said.

Terms of the agreement call for MolecularWare to integrate its DigitalGenome software into Applied Precision’s family of microarray biochip readers.

Financial details of the deal, originally announced in the last week of September, were not disclosed.

"Applied Precision’s research customers worldwide will now have the means to more effectively organize the staggering flow of data that they are producing,” Richard P. Kivel, MolecularWare’s CEO, said in a statement. ”In addition, this agreement continues our strategy of supporting our own marketing efforts with immediate and long-term sales growth.”

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