SAN DIEGO, CA – AUGUST 18, 2008 (PR NEWSWIRE) Assay Depot announced today that it has formed an Advisory Board comprised of both academic and industry experts. The Advisory Board’s role is to help understand and address the many challenges facing Assay Depot as it prepares to launch the world’s first full-service outsourcing marketplace for pharmaceutical research services.

“We are honored that Drs. King, Theriot and Yew have joined Assay Depot’s advisory board” commented Kevin Lustig, President and CEO, Assay Depot. “They are outstanding scientists whose talent, insight and guidance will help us build a new drug discovery marketplace and improve the way new medicines are discovered.”

Dr. King is a leading expert on cell cycle regulation and cancer cell division. He is currently Associate Professor in the Department of Cell Biology at Harvard Medical School. Prior to joining the faculty at Harvard, Dr. King was a fellow at the Harvard Institute of Chemistry and Cell Biology. Dr. King co-founded the drug discovery company Kalypsys in 2001.

Dr. Theriot is a leading expert on cell motility. She is currently Associate Professor in the Department of Biochemistry at Stanford University. Prior to joining the faculty at Stanford, Dr. Theriot was a fellow at MIT’s Whitehead Institute. She was a recipient of a MacArthur Fellowship (“Genius” Award) in 2004.

Dr. Yew is a leading expert on cell cycle dynamics. She is currently Associate Professor in the Department of Molecular Medicine at the University of Texas Health Science Center at San Antonio in the Institute of Biotechnology. Prior to joining the faculty at the University of Texas, Dr. Yew was a postdoctoral fellow in the Department of Cell Biology at Harvard Medical School.

“Assay Depot is committed to ensuring its academic and industry customers always receive high quality data that has been rigorously analyzed,” commented Charles Dowding, PhD, Vice President of Research, Assay Depot. “Working with world-class researchers who understand the challenges we face really makes a difference.”

About Assay Depot

Assay Depot is an Internet marketplace for the pharmaceutical services industry, scheduled to be launched in early 2008. By acting as a single point of contact between drug researchers and research service providers, the marketplace dramatically improves the efficiency of the drug discovery process and, ultimately, helps deliver better and safer drugs to market. Assay Depot is headquartered in San Diego, California USA. It can be found on the web at http://www.assaydepot.com .

For more information on the Assay Depot’s drug discovery marketplace, please contact:

Kevin Lustig
President & CEO
Assay Depot
433 Glencrest Dr
Solana Beach, CA 92075
Phone: (858) 455 1300 x201
klustig@assaydepot.com