updated 12/9/2010 8:16:24 AM ET 2010-12-09T13:16:24

MOUNTAIN VIEW, Calif., Dec. 9, 2010 (GLOBE NEWSWIRE) -- Complete Genomics Inc. (Nasdaq:GNOM) announced today that its customers will now receive copy number variation (CNV) and structural variation (SV) results as part of the CGA™ Service. This new enhancement includes additional types of variation data including quantitative, large-scale copy number measurements and larger inter- and intrachromosomal rearrangements. This latest advance provides customers with further insights into the genetic underpinnings of human diseases, with a particular focus on cancer. By expanding the range of genetic changes that are reported, Complete Genomics will help the research community advance its understanding of the impact of those changes on cancer and ultimately tackle the many challenges that it presents.

The CGA™ Service, an end-to-end, outsourced complete human genome sequencing service, provides customers with high-quality raw data and research-ready results from at least 40 times coverage of the complete human reference genome. CGA Service now reports CNV and SV data in addition to small variants, including single nucleotide polymorphisms (SNPs) and small insertions/deletions that were previously provided in the human genome sequencing results delivered by Complete Genomics. CGA Service also provides a comprehensive set of rich annotations for all variation types that allow researchers to assess the biological impact of these DNA alterations.

"Our goal is to accelerate biological discovery by continually refining the data analysis portion of our human genome sequencing service. While other companies can sequence human genomes, we believe that they cannot rival the breadth and richness of the variant reports and annotation files that we provide," said Dr. Clifford Reid, chairman, president and CEO of Complete Genomics.

"For the last 500 complete human genomes we've sequenced, an average of over 98 percent of the genome was read at 10-fold or greater coverage. In addition, our software made high confidence calls of an average of over 95 percent of the genome and over 94 percent of the exome," he added.

Earlier this year, Complete Genomics enrolled several early adopters of its technology service in an alpha program whereby those customers gained insight into the methodologies used to derive the CNV and SV results and received early access to that data.

Joke Reumers, a postdoctoral researcher in Diether Lambrechts' group at the Flanders Institute of Biotechnology (VIB), who participated in the program, said, "The results we received as part of the alpha program were verified by other external analysis pipelines and SNP array data. We saw high concordance with our other data, and were pleased with the high-quality CNV and SV data that Complete Genomics provided. This high-quality sequencing-based CNV analysis adds a rich new dimension to whole genome sequencing."

About Complete Genomics

Complete Genomics is a complete human genome sequencing company that has developed and commercialized an innovative DNA sequencing platform. The Complete Genomics Analysis Platform (CGA™ Platform) combines Complete Genomics' proprietary human genome sequencing technology with our advanced informatics and data management software. We offer this solution as an innovative, end-to-end, outsourced service, CGA™ Service, and provide customers with data that is immediately ready to be used for genome-based research.

The Complete Genomics logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8216

Forward-Looking Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Specifically, statements concerning the company's ability to enable further unraveling of the complexity of human genetic variation and disease are forward-looking statements within the meaning of the safe harbor. These forward-looking statements are based on the company's current expectations and inherently involve significant risks and uncertainties, both known and unknown, and other factors that may cause actual results, performance, time frames or achievements to be materially different from those expressed or implied by the forward-looking statements. These forward-looking statements, and others, are subject to risks and uncertainties, including the growth in the market for complete human genome sequencing, the company's ability to compete with its significant competition, the emergence of competitive genomic sequencing technologies, the company's ability to achieve expected sequencing process yields or variability in its sequencing process yields, the ability of the company's software to correctly analyze raw genomic data produced by the company's sequencing equipment and the company's ability to protect its patent rights and other intellectual property. Further information on potential risk factors that could affect the company's business and its financial results are detailed in its filings with the Securities and Exchange Commission, including under the caption "Risk Factors" in its Registration Statement on Form S-1, as amended. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made, and, except as required by law. Complete Genomics disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

CONTACT:  Complete Genomics Inc. 
          Jennifer Turcotte, Vice President of Marketing
          (650) 943-2846

          Waggener Edstrom Worldwide
          Healthcare Practice
          Lisa Osborne, Account Director
          (202) 261-7806

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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