Press Release
RainDance Announces Company Relocation and Manufacturing Startup
GUILFORD, CONNECTICUT, May 19, 2008 — RainDance Technologies, Inc., a provider of innovative microdroplet-based solutions for human health and disease research, today announced the relocation of the company from Guilford, Connecticut, to Lexington, Massachusetts. RainDance said it will open the new facility and start up commercial and manufacturing operations effective May 27, 2008.
“With the launch of our first life sciences application scheduled for the fourth quarter of this year, it’s important for RainDance to be located in the nation’s preeminent biotechnology center,” said Chris McNary, President and Chief Executive Officer, RainDance Technologies. “As we enter the commercial phase of product development and begin manufacturing operations, a larger facility and access to the exceptional life sciences talent pool and customer base of the greater Boston/Cambridge area will be essential.”
The company said it will employ approximately 65 people at the Lexington facility by the end of the year. “During the coming months, we will be hiring about 30 people, including biologists and chemists, mechanical engineers and technicians, software programmers, customer service representatives, and administrative support,” said McNary.
RainDance’s new 28,000-square-foot building in Lexington, located at 44 Hartwell Avenue, more than doubles the space of its present Guilford, Connecticut, facility. The building will house the firm’s executive and administrative offices, research and development group, sales and marketing team, and manufacturing operations. In addition, the company plans to purchase more than $500,000 in scientific and office equipment.
“This move locates RainDance in a community of scientific investigators and laboratories that is closely aligned with our business and technology,” McNary said.
Effective May 27, 2008, RainDance Technologies’ new contact information will be as follows:
44 Hartwell Avenue
Lexington, MA 02421-3103
Phone — 781-861-6300
Fax — 781-861-1233
About RainDance Technologies
RainDance Technologies is pioneering the use of high-throughput microdroplet-based analysis in human health and life science research. The company's core RainStorm™ technology generates millions of discrete droplets that can encapsulate a single molecule, cell or reaction and be digitally analyzed and sorted one at a time. The power, precision and simplicity of microdroplets enable researchers to answer complex questions with unprecedented sensitivity and quantitation. The complete RainDance solution includes automated instrumentation, customizable bioinformatics and high-value consumables and reagents for applications including targeted next-generation DNA sequencing, methylation, digital PCR and single cell analysis. Based in Lexington, Massachusetts, the company supports scientists around the world through its international sales and support operations and a global network of distributors and service providers. For more information, please visit www.RainDanceTech.com.
RainDance, RainStorm, ThunderStorm, Digital Biology are trademarks of RainDance Technologies, Inc. All other brands may be trademarks of their respective holders.
For technical questions contact:
James Brayer
RainDance Technologies
44 Hartwell Avenue
Lexington, MA 02421
781-861-6300
info@raindancetech.com
For press inquiries:
Colin Sanford
203-340-2441
colin@bioscribe.com
