![]() In addition, GCK keeps track of segment history and can display any generation for any segment. GCK eliminates tedious examination of sequence data by automatically identifying ORF’s, and easily marking restriction enzyme sites and other regions of interest. The Gene Construction Kit® brings intuitive productivity to the molecular biology researcher’s computer, allowing effortless manipulation of DNA – either graphically or as sequence text. Our two current products illustrate this philosophy. ![]() For each of our products, we start our design from scratch and carefully think about what a practicing biologist wants to do and how to best enable him or her to proceed. We believe that a researcher should spend his or her time thinking about results rather than trying to figure out how to get the program to generate the results. It is Textco BioSoftware’s goal to develop and release software that a biologist can use intuitively. Textco has provided its solutions to scientists who are breaking new ground in genetic engineering research, drug development, and biotechnology at academic, government and corporate institutions in more than 50 countries worldwide. Textco’s mission is to provide high quality, intuitive software to assist molecular biologists in their research efforts. (formerly Textco, Inc.), located in West Lebanon, New Hampshire, has been serving the software needs of molecular biologists for over 20 years – since 1984. We are looking forward to working with Gross in charting SciQuest's continued investments in developing software solutions for molecular biologists.Textco BioSoftware, Inc. ![]() This illustrates the value that molecular biologists have placed on these products. "Textco's product renewals run at over 70% each year. "Scientists have used Gene Construction Kit for over 12 years, while Gene Inspector has experienced dramatic growth since its introduction in 1996," said Jamie Duke, Vice President of Products, Operations, and Strategy for SciQuest. We have a number of new products and product extensions that we can accelerate to the market as a part of SciQuest." I am excited to work with a company that is committed to growing a product offering for molecular biologists and researchers throughout the life sciences industry. Our market penetration should benefit greatly from the additional sales channels and marketing leverage that SciQuest brings to the industry. "Our proven, award-winning products are successful because they are intuitive to biologists. "Over the past 18 years, we have built Textco with innovative products that have resulted in strong customer relationships," said Robert Gross, President and CEO of Textco. Our sales team, combined with a solid capital position and public currency, make SciQuest an ideal acquirer for software companies in this industry." "We expect the acquisition of Textco to be immediately accretive for our shareholders while giving us a strong base to expand into the high growth market of biological research software. "SciQuest is poised to expand its software products aggressively in 2002 both through acquisitions and internal development," said Stephen Wiehe, CEO of SciQuest. SciQuest revealed it expects to develop new products for molecular biologists in addition to enhancing Gene Construction Kit and Gene Inspector. Also working with SciQuest in product marketing will be Textco's Vice President and Co-Founder, Roberta Brucks Gross. In addition, Robert Gross, Textco's President and CEO will actively work on SciQuest's product development in molecular biology software products. Key members of the Textco team will continue to work closely with SciQuest after the closing. SciQuest revealed its software product portfolio now includes the Gene Construction Kit and Gene Inspector solutions, which will be sold under their current names due to strong brand awareness with customers.Īccording to the partnering companies the transaction was paid for with a mixture of cash and SciQuest common stock and is expected to be accretive to SciQuest's earnings in 2002. SciQuest revealed its software product portfolio now includes the GeneĬonstruction Kit and Gene Inspector solutions, which will be sold under theirĬurrent names due to strong brand awareness with cu
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