GlobeNewswire Inc | Nov 30, 2021 09:00AM EST

November 30, 2021

MENLO PARK, Calif., Nov. 30, 2021 (GLOBE NEWSWIRE) -- PacBio (NASDAQ:PACB), a leading provider of high-quality, long-read sequencing platforms, welcomes Jason Kang as Vice President and General Manager for the companys Asia-Pacific region. Jason will be responsible for leading and developing PacBios commercial team in Asia-Pacific as the company continues to expand its reach in the region to support rapidly growing demand for HiFi sequencing.

Kang brings more than 25 years of global experience in the genomics industry to PacBio, having led Illuminas Korean commercial operations for six years before launching Helixrus, which specializes in distributing large scale populational genomics and clinical sequencing software solutions in single-cell RNA and rare diseases. Prior to Helixrus and Illumina, Kang held various sales, marketing, and product development leadership roles at Life Technologies, Macrogen, and Spectral Genomics.

Were delighted Jason is joining us in our mission to enable the promise of genomics to better human health, said Peter Fromen, Chief Commercial Officer at PacBio. Jason is a proven leader having built numerous successful teams in the industry and brings a customer-centric obsession to his work that is paramount in our mission and values. Under Jasons leadership, were very excited to continue our expansion across the Asia-Pacific region.

Coming on board with this team is a wonderful opportunity to develop a new era of genomics with researchers in this region, said Jason Kang, Vice President and General Manager of Asia-Pacific at PacBio. I am truly excited to expand our technology footprint and expand our business in Asia-Pacific.

The global reach of PacBios industry-leading long-read SMRT HiFi genome sequencing technology was showcased in the companys recent Virtual User Meeting, which ran in Asia-Pacific, European and United States time zones. The keynote address by Professor Masahito Kawazu of Japans National Cancer Center Research Institute, discussing full-length transcriptome analysis of breast cancer, showcased the growing opportunities for PacBio technology in the Asia-Pacific region.

About Pacific Biosciences

Pacific Biosciences of California, Inc. (NASDAQ: PACB) is empowering life scientists with highly accurate long-read sequencing. The companys innovative instruments are based on Single Molecule, Real-Time (SMRT) Sequencing technology, which delivers a comprehensive view of genomes, transcriptomes, and epigenomes, enabling access to the full spectrum of genetic variation in any organism. Cited in thousands of peer-reviewed publications, PacBio sequencing systems are in use by scientists around the world to drive discovery in human biomedical research, plant and animal sciences, and microbiology. For more information, please visitwww.pacb.comand follow@PacBio.

PacBio products are provided for Research Use Only. Not for use in diagnostic procedures.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995, including statements relating to anticipated commercial and geographic expansion in APAC; possible partnerships with researchers in the region; potential increases in customer demand; and other future events. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, changes in circumstances and other factors that are, in some cases, beyond PacBios control and could cause actual results to differ materially from the information expressed or implied by forward-looking statements made in this press release. Factors that could materially affect actual results can be found in PacBios most recent filings with the Securities and Exchange Commission, including PacBios most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption Risk Factors. PacBio undertakes no obligation to revise or update information in this press release to reflect events or circumstances in the future, even if new information becomes available.

Contacts

Investors:Todd Friedman650.521.8450ir@pacb.com

Media:Kathy Lynchpr@pacb.com