Posted by Web Master (February 3, 2004)

Frost & Sullivan Calls Matrix Science’s Product Line ‘Gold Standard’ in Mass Spectrometric Database Searching

Palo Alto, Calif.- February 3rd, 2004 – Frost & Sullivan announces Matrix Science as the recipient of the 2003 Technology Leadership Award in the world proteome informatics markets.

Matrix’s Mascot product line and Mascot search engine allow for the searching of mass spectrometry data against sequence databases, which is central to current proteomics approaches. Matrix provides the Mascot search algorithm both through its web search interface and by licensing the Mascot product line. The company is positioned as a key leader in this market segment.

"Matrix’s technology incorporates proprietary algorithms, which gives the company a competitive edge in the proteome informatics market," says Nate Cosper, industry manager with Frost & Sullivan. "These widely used tools are the Gold Standard in searching proteomic databases."

The company meets a wide array of customer needs with additional modules of the Mascot product such as Mascot Cluster, Mascot Daemon, Mascot Distiller, and Mascot Parser

Technological innovations across its range of products and services, coupled with the flexibility of being able to couple various modules to create tailored solutions, has enabled Matrix Science to strengthen its relationships with both end-users and mass spectrometer vendors. Applied Biosystems, MDS Sciex, Bruker, and Shimadzu have integrated Mascot into their products to enable end-users to derive maximum benefit from their instruments.

Frost & Sullivan presents its Technology Leadership Award to the company that has pioneered and steered technological advances in its industry by providing cutting-edge products and concepts. As providers of revolutionary client specific solutions, the company has continuously excelled the incubation, adaptation, take-up, and maturity stages in the technology life cycle.

About Matrix Science

Matrix Science develops and markets bioinformatics products and services in the fields of mass spectrometry and proteomics. Currently one of the hottest areas of life science research, proteomics is the study of the protein complement of a cell or tissue in a specific physiological state. In recent years, mass spectrometry has become the method of choice for protein identification and characterization, analyzing large numbers of samples at high speed. Matrix Science’s lead product is Mascot, a powerful search engine, which uses mass spectrometry data to identify proteins from primary sequence databases. While a number of similar programs are available, Mascot is unique in that it integrates all of the proven methods of searching.

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About Frost & Sullivan

Founded in 1961, Frost & Sullivan is a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes.

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