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Reel Two licenses sequence matching technology to CGL

CGL to productize, distribute Cartesian high speed gene sequence matching tool

Sep 15, 2005

Reel Two has granted an exclusive license to its Cartesian high speed gene sequence matching software to newly-founded New Zealand company Cartesian Gridspeed Ltd (CGL).

Under the terms of the agreement, CGL will have exclusive rights to develop and distribute the Cartesian product. CGL has retained the services of Reel Two for continued development work to commercialization and subsequent feature enhancement of the technology. Pending achievement of certain milestones, ownership of Cartesian may transfer from Reel Two to CGL.

For more information on Cartesian, please contact info@gridspeed.co.nz.