Ion Torrent Announces Ion Personal Genome Machine (PGM) Sequencer Grant Program for Europe

GUILFORD, Connecticut and SAN FRANCISCO, June 11, 2010 - Ion Torrent today announced that it is extending its Ion PGM Sequencer
Grant Program to Europe, and will award two sequencers to scientists there in
the second half of 2010. This spring Ion Torrent received hundreds of grant
proposals from scientists in North America, and in April two winners were
each awarded an Ion PGM sequencer.

See the Ion PGM sequencer in person at the ESHG Conference in Gothenburg,
Sweden, June 12-15, at booth B328. To apply for a grant, click here
(www.iontorrent.com/grant-program).

Two grants will be awarded to European scientists under the program. The
Dr. James Watson Healthcare Grant will be awarded to the outstanding proposal
that addresses human health, in recognition of Dr. Watson's interest in
healthcare issues. The Dr. Gordon Moore Environment Grant will be awarded to
the outstanding proposal that addresses environmental, ecological or
evolutionary issues, areas of study that the Gordon and Betty Moore
Foundation have long supported.

As part of their grant, each of the winning scientists will receive a
perpetual license to the DNASTAR(R) SeqMan NGen assembly software and the CLC
bio Genomics Workbench bioinformatics software.

The Ion PGM Sequencer Grant Program is designed to foster the development
of new applications that leverage the Ion PGM sequencer's unprecedented
speed, scalability and low cost. Under the program, applicants fill out a
simple grant form-a few hundred words-describing the experiment they would do
with an Ion PGM sequencer. The applicants' goal should be to address a
problem that was intractable using previous technologies.

The ideal application should:

    - Take advantage of the Ion PGM sequencer's ability to do runs in one to
      two hours
    - Take advantage of the Ion PGM sequencer's accessibility: its
      push-button simplicity, small footprint (about the size of a desktop
      printer) and affordability (approximately euro 50,000 for the
      instrument, euro 500 per chip)
    - Focus on applications that most benefit from a few million reads of 100
      to 200 bases
    - Enable a significant adoption of Ion semiconductor sequencing
      technology
    - Lead to an ongoing application of Ion Torrent Technology(TM) with a
      significant societal benefit, such as expanding our understanding of
      the genetic causes and molecular basis of disease or addressing critical
      environmental, ecological or evolutionary issues.

The application window will close on Sept. 15, and the Ion PGM sequencer
will be delivered to the winners when Ion Torrent officially launches the
product in 2010. The first 50 applicants will receive a free Ion Torrent
T-shirt.

The grant submissions will be judged on the merit of their ideas. The
judges for the competition are Ion Torrent Founder, Chairman and CEO Dr.
Jonathan Rothberg, Dr. Mathias Uhlen, Dr. George Church and the Dr. Svante
Paabo laboratory.

To apply, go to: www.iontorrent.com/grant-program

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About Ion Torrent

Ion Torrent has developed a DNA sequencing system that directly
translates chemical signals (A, C, G, T) into digital information (0, 1) on a
semiconductor chip. The result is a sequencing system that is simpler,
faster, less expensive and more scalable than any other technology available.
Because Ion Torrent produces its proprietary semiconductor chips in standard
CMOS factories, it leverages the US$1 trillion investment that has been made
in the semiconductor industry. Ion Torrent uniquely and directly benefits
from four decades of exponential improvement in semiconductor technology,
expressed as Moore's Law. Ion Torrent will launch the Ion Personal Genome
Machine sequencer in 2010. Ion Torrent was founded in August 2007 by Dr.
Jonathan M. Rothberg, who pioneered high-speed, massively parallel DNA
sequencing. Ion Torrent is based in Guilford, Connecticut, with an office in
South San Francisco. For more information about Ion Torrent, visit
www.iontorrent.com.

Wes Conard, Director, Corporate Communications of Ion Torrent, +1-650-243-6000, ext. 619, cell, +1-415-385-4455, wconard at iontorrent.com