BioAnalyte Appoints New Production Manager of the Regatta Biomarker Discovery Platform

FOR IMMEDIATE RELEASE

Contact:
David Cousins
Tel (207)-780-6777
Fax (207) 874-0045
David.Cousins@BioAnalyte.com
www.BioAnalyte.com



BioAnalyte Appoints New Production Manager of the Regatta Biomarker Discovery Platform

Vladimir Georgiev takes over production of ProteinTrawler and proNet license distribution

March 28, 2005. Portland, ME – BioAnalyte announced today that long-time lead developer Vladimir Georgiev has assumed production management responsibilities for the company’s Regatta™ biomarker discovery product line.

“Vladimir’s leadership and clarity of vision have contributed to the disciplined development of Regatta core components as well as overall platform design,” said Peter Leopold. “We are confident that he will bring similar precision to engineering a distribution solution that will enable our product and sales strategies.”

ProteinTrawler™, the first component of Regatta, is in final stages of testing and preparation for widespread web distribution. ProteinTrawler reduces gigabyte liquid chromatography mass spectrometry (LCMS) datasets to manageable lists of key features used in biomarker discovery. Georgiev, who is the principal architect of ProteinTrawler, will manage a staff of four developers and designers working in such diverse areas as algorithm design, graphical interface development, release management, license enforcement and web-based license distribution.


“Our biggest technical challenge is proNets™ license distribution,” Georgiev said. “Our design and implementation emphasize ease of use and reliability. When our customers buy and use dataset-dependent licenses over the web, we will have revolutionized the sales model for capital software.”

The Food and Drug Administration Center for Food Safety in College Park, MD, accepted contract delivery of ProteinTrawler in February. ProteinTrawler uses advanced data reconstruction algorithms provided by UK-based Positive Probability, Ltd.


About Vladimir Georgiev

Georgiev, a 2002 graduate of the University of Southern Maine computer science department, joined BioAnalyte in January 2003. In addition to ProteinTrawler, he designed and developed BioAnalyte Ganglion+™, an embedded biomarker discovery package developed under a US Defense Department subcontract, as well as BioAnalyte SpyGlass™, a custom data visualization tool. Previously, Georgiev was a network specialist for Downtime Inc. of Brunswick, ME. Georgiev resides in Portland.

About BioAnalyte

Founded in Portland in 2001, BioAnalyte is a Portland-based biomarker discovery partner company. It develops cross-platform software tools to facilitate high-speed interpretation of the torrent of proteomics and genomic data made possible by contemporary instrumentation. BioAnalyte’s ProteinTrawler™ and PeptideTrawler™ were developed in collaboration with the Food and Drug Administration’s Center for Food Safety and Applied Nutrition. BioAnalyte ProteinTrawler™ helped the FDA discover a protein biomarker for a deadly food-borne bacterium similar to the one that causes cholera.

—30—

Contact:
David Cousins
264 Eastern Promenade
Portland, ME 04101
(207)-780-6777
(207) 874-0045
David.Cousins@BioAnalyte.com