GENE NETWORK SCIENCES OPENS CAMBRIDGE OFFICE

Contact:
Debbie Pfeifer
Gene Network Sciences
(206) 282-5098
debbie@gnsbiotech.com

ITHACA, New York - February 16, 2006 - Gene Network Sciences (GNS) ) today announced that it has opened an office in Cambridge, Mass., at 10 Canal Park. In addition, the biosimulation company moved its Ithaca headquarters to the Cornell Business and Technology Park at 53 Brown Road.

The Cambridge office, which houses eight GNS employees, will serve as the lead site for business development and oncology modeling. The company’s finance, administration and cardiac modeling efforts remain in Ithaca.

“We see having a Cambridge office as a real selling point in our employee recruiting and retention efforts. Boston has an unmatched reputation on the East Coast as the major life sciences hub, and we look forward to becoming an active part of that community,” said Colin Hill, CEO and founder of Gene Network Sciences. “In addition, keeping our headquarters in Ithaca allows GNS to continue to benefit from the strong ties we’ve established with Cornell University and the growing Central New York biotech efforts.”

GNS posts job listings on its Web site at www.gnsbiotech.com. The Cambridge office currently has an opening for a Software Engineer with experience in numerical methods and statistics.
About Gene Network Sciences

Founded in August 2000, Gene Network Sciences (www.gnsbiotech.com) is a privately held biotech company headquartered in Ithaca, New York. GNS integrates pre-clinical and clinical data into accurate and robust computer simulations of human cancer cells and the heart. GNS applies these data-driven computer models in drug development alliances with pharmaceutical companies to determine the mechanism of action of new drugs and the associated biomarkers of drug efficacy and toxicity. GNS technology increases clinical trial success rates and helps to bring better drugs to market faster.

New Offices

53 Brown Road
Ithaca, NY 14850
Phone: (607) 257-0332

info@gnsbiotech.com

 10 Canal Park
Cambridge, MA 02141
Phone: (617) 494-0492