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Cytek(R) Biosciences Introduces Cytek Cloud

Last Updated on November 15, 2022 by GlobeNewsWire

FREMONT, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Cytek Biosciences, Inc. (Nasdaq: CTKB) today announced the launch of Cytek Cloud – a cloud-based platform that features two integrated tools to streamline workflows on Cytek’s state-of-the-art cell sorters and analyzers. Optimized for Cytek systems and reagents, Cytek Cloud joins the company’s extensive suite of solutions for the single cell analysis market, which includes the incorporation of Full Spectrum Profiling(TM) (FSP(TM)) technology onboard its flow cytometry systems, proprietary cFluor(R) reagents, and SpectroFlo(R) software.

The new Cytek Cloud digital ecosystem combines all of Cytek’s spectral panel design tools in one place and allows users to prepare experiments remotely prior to accessing the instrument. The benefit in this approach is accelerating the time to insight for a wide range of applications including immunology, oncology, infectious diseases, and inflammatory diseases.

“Current workflows are inefficient and involve tools scattered in multiple places,” said Sara Centuori, shared resource director, Flow Cytometry Cancer Prevention and Control Program at the University of Arizona Cancer Center – and Cytek Cloud beta user. “With Cytek Cloud, we now have an integrated solution that streamlines the process from panel design to data acquisition. The tools are intuitive and user-friendly, allowing scientists at all levels to advance their research.”

As a leading cell analysis solutions company, Cytek adapts its offerings to meet the needs of users, enabling researchers to obtain deeper insights and understanding of biological systems to accelerate the pace of discovery. “At Cytek, we are fully committed to redefining what is possible in flow cytometry and offering a complete solution to our users – enabling scientists and researchers to go even further with our solution,” said Dr. Wenbin Jiang, CEO of Cytek Biosciences. “The addition of Cytek Cloud will benefit both our large existing installed base and future Cytek users. Looking to the future, we plan to build out Cytek Cloud’s capabilities, including data management, data sharing and data analysis.”

For more information, please visit https://cytekbio.com/pages/cytek-cloud.

About Cytek Biosciences, Inc.

Cytek Biosciences (Nasdaq: CTKB) is a leading cell analysis solutions company advancing the next generation of cell analysis tools by delivering high-resolution, high-content and high-sensitivity cell analysis utilizing its patented Full Spectrum Profiling(TM) (FSP(TM)) technology. Cytek’s novel approach harnesses the power of information within the entire spectrum of a fluorescent signal to achieve a higher level of multiplexing with precision and sensitivity. Cytek’s FSP platform includes its core instruments, the Aurora and Northern Lights(TM) systems; its cell sorter, the Aurora CS; and reagents, software and services to provide a comprehensive and integrated suite of solutions for its customers. Cytek is headquartered in Fremont, California with offices and distribution channels across the globe. More information about the company and its products is available at www.cytekbio.com.

Other than Cytek’s Northern Lights CLC system and certain reagents for use therewith, which are available for clinical use in countries where the regulatory approval has been obtained from the local regulatory authorities, including China and the European Union, Cytek’s products are for research use only and not for use in diagnostic procedures. Please contact your local sales representatives for the status of local regulatory approval.

Cytek, cFluor, SpectroFlo, Full Spectrum Profiling, FSP and Northern Lights are trademarks or registered trademarks of Cytek Biosciences, Inc.

In addition to filings with the Securities and Exchange Commission (SEC), press releases, public conference calls and webcasts, Cytek uses its website (www.cytekbio.com), LinkedIn page, YouTube channel, and corporate Twitter account as channels of distribution of information about its company, products, planned financial and other announcements, attendance at upcoming investor and industry conferences and other matters. Such information may be deemed material information and Cytek may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor Cytek’s website, LinkedIn page, and Twitter account in addition to following its SEC filings, news releases, public conference calls and webcasts.

Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include statements regarding Cytek Biosciences’ plans to build out Cytek Cloud’s capabilities, including data management, data sharing and data analysis. These statements are based on management’s current expectations, forecasts, beliefs, assumptions and information currently available to management. These statements also deal with future events and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as those relating to market conditions; the ongoing COVID-19 pandemic; Cytek Biosciences’ dependence on certain sole and single source suppliers; competition; market acceptance of Cytek Biosciences’ current and potential products; Cytek Biosciences’ ability to manage the growth and complexity of its organization; Cytek Biosciences’ ability to maintain, protect and enhance its intellectual property; and Cytek Biosciences’ ability to continue to stay in compliance with its material contractual obligations, applicable laws and regulations. You should refer to the section entitled “Risk Factors” set forth in Cytek Biosciences’ Quarterly Report on Form 10-Q filed with the SEC on November 9, 2022 and other filings Cytek Biosciences makes with the SEC from time to time for a discussion of important factors that may cause actual results to differ materially from those expressed or implied by Cytek Biosciences’ forward-looking statements. Although Cytek Biosciences believes that the expectations reflected in the forward-looking statements are reasonable, it cannot provide any assurance that these expectations will prove to be correct nor can it guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or occur. The forward-looking statements in this press release are based on information available to Cytek Biosciences as of the date hereof, and Cytek Biosciences disclaims any obligation to update any forward-looking statements provided to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. These forward-looking statements should not be relied upon as representing Cytek Biosciences’ views as of any date subsequent to the date of this press release.

Media Contact:Stephanie OlsenLages & Associates(949) 453-8080stephanie@lages.com

Investor Contact:Paul GoodsonHead of Investor RelationsCytek Biosciencespgoodson@cytekbio.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39bf6861-1c1c-40a0-a9c5-30ea8872f68b




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