Percorso Life Sciences, LLC and Phoenix S&T, Inc., Announce Product Commercialization Agreement

HARLEYSVILLE & CHESTER, Pa.–Phoenix S&T, Inc. (PST) announced today that it has selected Percorso Life Sciences, LLC (Percorso) to commercialize its product portfolio in North America. Phoenix S&T, a biotechnology tool company provides innovative nanospray and microspray systems and solutions for leading edge life science research and discovery. Percorso specializes in providing solutions to the challenges of life science organizations seeking entrance into the North American market space. Percorso partners with its clients to develop innovative business and channel strategies which positively impact business performance.

“Percorso Life Sciences is pleased to partner with and lead the commercialization effort at Phoenix S&T, a recognized technology leader in the nanospray space,” said Dino DiCamillo, CEO and President of Percorso. “The sales growth prospects for Phoenix’ solutions are highly favorable at this time and we plan to capitalize on the market transition to micro and nanospray technology,” explained Mr. DiCamillo.

“We are very pleased to partner with Percorso Life Sciences and broaden our reach to customers who will benefit from PST’s new AutoNano systems for proteomics and biomarkers discovery,” said Sau Lan Tang Staats, PhD, CEO of PST. “Percorso’s depth of knowledge and experience with both serving customers and anticipating application needs will be crucial to PST in achieving our strategic goal to be the leading provider of high performance tools and devices for nanospray and microspray mass spectrometry applications.”

Since PST’s business launch, the company has formed close collaborations with some of the nation’s leading research institutions. PST’s collaborations with researchers have provided PST with significant product-enhancing data (not the best word, but ok). Early customers report substantial performance, price and sensitivity advantages over many competitive products and PST believes these differentiating capabilities are due to its own roots in research science and efficiencies gained through precise micro-molding manufacturing technology. These customers have also provided PST with feedback that they experience virtually no clogging with the company’s nanospray emitter products in nano LC-MS experiments for proteomics, and when spraying complex sample fluids such as diluted, unprocessed serum.

About Phoenix S&T Inc.

Phoenix S&T (PST), based in Chester, PA, develops and sells proprietary, high-performance, injection-molded nanospray devices for mass spectrometry (MS) applications. PST’s products are based on breakthrough three-dimensional microfluidic devices manufactured by microinjection molding of plastics. Its product portfolio is focused on providing increase sensitivity while consuming far less sample for use in the mass spectrometry analyses of proteins, sera and drug-candidate molecules. Phoenix’ product line includes the AutoNano System, an automated nanospray MS nozzle and nano-liquid chromatography that are used for proteomics and biomarker discovery. The company received startup funding from BioAdvance, the Biotechnology Greenhouse of Southeastern Pennsylvania in 2008.

About Percorso Life Sciences, LLC

Percorso Life Sciences, LLC, based in Harleysville, PA, provides unique commercial solutions based on its proven experience growing businesses in the life science market place and understanding of the market requirements. Percorso’s strong technical and commercial experience in this market and qualifications in launching new products are developed specifically for the proteomics and genomics field. This expertise is driven by the Percorso team’s proven experience and commercial skills in marketing, operations, business development and sales in the life science market. Percorso actively partners with our clients participating in the process of commercializing products, gaining market access and growing businesses. Visit us at www.percorsols.com.

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