updated 2/22/2011 8:17:35 AM ET 2011-02-22T13:17:35

MOUNTAIN VIEW, Calif., Feb. 22, 2011 (GLOBE NEWSWIRE) -- Complete Genomics Inc. (Nasdaq:GNOM) announced today that it has been selected by MIT's Technology Review to be included in the 2011 TR50, its annual list of the 50 most innovative companies in the world. This is the second year Technology Review has compiled this list, and Complete Genomics has been included in both years.

Each company included in the TR50 has been evaluated based on its business model, strategies for deploying and scaling up its technologies, and its likelihood of success.

"Gene-sequencing technology can revolutionize medicine, but first it has to be available in a cost-effective way. By sequencing human genomes as a service for researchers, Complete Genomics brings the power of the technology to researchers without requiring them to invest in their own sequencing machines," said Jason Pontin, editor in chief and publisher of Technology Review.

By combining its proprietary human genome sequencing technology with advanced informatics and data management software, Complete Genomics offers the global research community an end-to-end, outsourced service that provides research-ready data.

"It's an honor to be included in this year's TR50 and be recognized as one of the world's most innovative companies," said Dr. Clifford Reid, chairman, president and CEO of Complete Genomics. "We are very pleased with the growth of our commercial operations to date. We have now sequenced more than 1,000 human genomes for customers and an additional 60 for the public genomic repository that we made available to the global research community through our corporate website."

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. Additional information can be found at http://www.completegenomics.com .

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

About Technology Review, Inc.

Technology Review is an independent media company owned by the Massachusetts Institute of Technology (MIT). More than two million people around the globe read our publications, in five languages and on a variety of digital and print platforms. We publish Technology Review magazine, the world's oldest technology magazine (established 1899); daily news, analysis, opinion, and video; and Business Impact, which explains how new technologies are transforming companies, disrupting markets, or creating entirely new industries. We also produce live events.

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

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