DNAprint Genomics (DNAG)

[worktoplay]

2004 Capital Expenditures:

http://www.sec.gov/Archives/edgar/data/1127354/000095014404003262/g88133e10ksb.htm

During 2004, we anticipate developing the required infrastructure to realize our 2004 operational growth plan, including acquiring or leasing property, equipment and other operating assets.

We are actively seeking to acquire or lease a new building that has 15,000 to 20,000 square feet with additional expansion potential. We estimate that lease costs will be between $15 and $25 per square foot. This does not include fit out or other associated costs such as utilities, taxes and maintenance. The initial build out of 7,000 square feet is estimated at approximately $780,000 which includes laboratory, office and warehouse space. Additional costs for equipment, furniture and fixtures are estimated at $257,000. Timing of the incurrence of the expense will depend upon the length of time required to find the appropriate facility.

In addition, it is anticipated that new laboratory and computer equipment will be purchased during 2004. Computer purchases for programming, modeling and business use is estimated at $100,000 and scientific and business programs and software at $65,000. Capital expenditures for laboratory equipment are estimated at $500,000 which includes a new robotic SNP machine at a value of approximately $250,000.

Tony discussed the need for the new SNP machine in the TWST article in July 2003:

"We are going to have to acquire another automated genotyping instrument even though the one we have now does 160,000 genotypes per day. We need one that is dedicated for the clinical genotyping."

Later,
W2P